https APS Islamic Microfinance

Working Capital Financing

  • Account purpose

This product is designed to cater to the needs and requirements of businesses with regard to working capital, as the main challenges faced by many businesses in the Gambia is getting access to acquire capital for startups or challenges to keep up with capital requirements to augment existing businesses, therefore this is a shari’ah compliant product that will facilitate access to working capital such as raw materials, goods, merchandise, agricultural equipment and others.

  • Shariah contract applicable

This product operates based on the shari’ah principle of Murabaha (markup sale)