A P2P platform that matches borrowers and lenders in a city, district or province located within a country.
Fiat currency of the particular country.
Financing is executed via Tawarruq contract which is based on the Sharia finance principle of Murabahah.
Both secured and unsecured financing products are available.
Platform system architecture is based on best-in-industry technology. Loan administration us done manually by qualified administrator.
All loans will be priced-on the platform benchmark rate which in turn is based on the country benchmark interest rate or profit rate.
Every loan application is assessed using a proprietary bank grade credit scoring model.
All loans will be executed under a physical legal agreement or an E-agreement, depending on the laws and regulations in the country of operation.
AML & KYC requirements on the platform are in line with best banking practices and comply with local laws and regulations.
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