Based on this model, banks provide the entire or part of the funding required for a specific economic activity. The profit accrued is shared between banks and customers based on the contract terms.
Banks provide funds for customers (legal or individual) who co-invest in cash or kind in a specific economic activity, mostly in fields of construction, manufacturing, commerce and service industry. Profit accrued is shared between the two parties.
A form of partnership where one party (the bank) provides the funds while the other provides expertise and management. Any profit accrued is shared between the two parties.
Banks provide the entire or part of the funds required by customers for specific projects or ventures. Unlike, partnership contracts, banks’ profits are fixed at the time of signing the contracts.
In this model, one party purchases another party's services for a specified commission. Banks may enter into the contract as either side of the parties.
A form of contract whereby banks purchase goods produced by customers. Banks pays the price in cash in advance fully and receives the goods in the future.
Leasing Ended with Ownership
This contract allows the bank to buy buildings, machinery, and equipment and then lease them. At the end of the leasing period, the lessor (the bank) transfers the property (movable or immovable) ownership to the lessee if the terms of the contract are met.
A long-term contract whereby a party undertakes to manufacture, build or construct assets, with an obligation from the manufacturer or producer to deliver them to the customer upon completion.
In this contract, goods are delivered (sold) at the beginning of the contract, but payments are made gradually by installments. Banks are the sellers in this contract.
In this contract, banks are the suppliers of goods or services and sell them to customers with an added percentage as profits. The payment is done either in cash or by installments.