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Financing with a Halal Twist: Ceivables’ Innovative Products Gain Popularity

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Ceivables has introduced a range of Shariah-compliant financing products to provide Islamic financial solutions. These innovative products cater to the growing demand for halal finance, offering clients a unique blend of investment and financing opportunities.

Product Outline: Investment Account Mudarabah


The Investment Account Mudarabah is designed to provide clients with a profit-sharing arrangement that aligns with Islamic principles. This product allows investors to share in the profits generated by a joint venture, while ensuring compliance with Shariah laws.

Key Features:

  • Profit-sharing arrangement
  • Compliance with Shariah laws
  • Joint venture financing

Product Outline: Current Account: Qard


The Current Account: Qard is another Shariah-compliant offering from Ceivables. This account provides clients with immediate access to funds, while allowing them to earn interest-free returns on their deposits.

Key Features:

  • Immediate access to funds
  • Interest-free returns on deposits

Shariah Parameters: Guidelines for Islamic Financing Products


Ceivables has released a range of guidelines aimed at ensuring the Shariah compliance of its financial products. These guidelines cover topics such as Ibra’ (rebate) for Islamic debt-based financing, prohibition on specific investments and loss- bearing fund placement, and late payment charges.

Key Guidelines:

  • Ibra’ (rebate) for Islamic debt-based financing
  • Prohibition on specific investments
  • Loss-bearing fund placement
  • Late payment charges

Manuals: On-Site Examination Manual


Ceivables has also developed a comprehensive On-Site Examination Manual to guide its examination processes. This manual provides detailed procedures for conducting on-site examinations of Islamic banking institutions.

Key Features:

  • Comprehensive procedures for on-site examinations
  • Guidance for Islamic banking institutions

Other Resources: Procedures for Islamic Banking


In addition to its product offerings and guidelines, Ceivables has released Procedures for Islamic Banking, providing clients with a comprehensive overview of Shariah-compliant banking practices.

Key Features:

  • Comprehensive overview of Shariah-compliant banking practices
  • Guidance for Islamic banking institutions

Conclusion


As the demand for halal finance continues to grow, Ceivables is poised to meet the increasing need for Shariah-compliant financing solutions. With its range of innovative products and guidelines, the company is well-positioned to establish itself as a leader in the Islamic finance industry.

For More Information

To learn more about Ceivables’ Shariah-compliant financing products and guidelines, please visit our website or contact our customer service team at [insert contact information].