Islamic Small Loans (Business/Personal)

Sharia-Compliant Financial Solutions

To meet the needs of our customers, SarafiX will introduce Islamic small loans for both business and personal use. These loans will be structured in compliance with Islamic finance principles, which prohibit interest (riba) and emphasize ethical lending and transparency. These loans will be a key part of our mission to offer financial inclusion to underserved communities in Afghanistan and beyond, supporting both personal and entrepreneurial growth.

Key Features of Islamic Small Loans:

• Profit and Loss Sharing (Mudarabah): Rather than charging interest, we will offer profit-sharing agreements where the lender shares in the profits of the borrower’s business in proportion to the loan amount.

• Cost-Plus Financing (Murabaha): For asset purchases such as equipment or inventory, we will offer Murabaha agreements, where SarafiX purchases the asset and sells it to the borrower at a markup, allowing for clear, predetermined payments with no hidden fees.

• Partnership Financing (Musharakah): This form of loan will allow for joint ventures, where both SarafiX and the borrower invest in a business, sharing profits according to the terms of the agreement.

Personal Loans:

• Qard al Hasan (Benevolent Loans): For personal needs such as medical emergencies or education, SarafiX will offer interest-free loans with flexible repayment terms. These loans will be designed to provide financial relief without placing undue burden on borrowers.

• Transparency and Ethical Lending: Islamic small loans will emphasize ethical lending practices, ensuring that all terms and conditions are transparent and accessible to borrowers.