Group Salam Agreement (GSA)
Name
Group Salam Agreement (GSA)
Purpose
Salam is an Agricultural Shariah-Financing which is used to support seeding/fertilizer/support Agricultural activities that have (SIGA) Seasonal-Income-Generating-Activities such as cultivation, crops collection…etc
Target Businesses
All types of Agriculture activities and livestock activities that have Season-income-generating activities (SIGA) or Regular-Income-Generating-Activities with established businesses
Gender
Male and Female who have businesses
Location
Rural and Urban
Documents Required
eNID(eTazkira) and Business license/Municipality if any and purchasing documents (Bills)
Age
14-65 (Where 14-18 for light business and have ownership)
Group Members
1
Financing Amount in AFN & duration
10,000-100,000 for 6-18 months
Collateral (Title Deed and Guarantor)
Cross-guarantee (all members guarantee each other) while group leader has sole responsibility for repayment. Also each member of the group shall provide a family guarantor ( family member) Financial guarantor (Business), Family guarantor and Titel deed OR Gold-Deposit-Guarantee
How to Apply
For more information please call our Customer Service Centre by dialing +93766505022 or visiting any of our branches.