en
For individuals
For business
Shariah Board
Istisnaa - financing based on Islamic principles
Manufacturing goods or building real estate from scratch
from 18%
Rate of return
up to 120 months
Maximum term
21 000 000 KGS
Maximum amount
Характеристики договора
What is the Istisnaa Agreement?
Istisnaa is a treaty under which one party (the contractor) undertakes to perform a specific job or manufacture a product/goods at the request of the other party (the customer) and deliver the result to the customer within a specified time frame, and the customer undertakes to accept the result of the work and pay the pre-agreed price.
Required condition
The manufacturer/contractor must be a third party
What can be made?
Under the Murabaha agreement, you can purchase goods permitted by Sharia standards and the legislation of the KR (consumer goods, raw materials, household appliances, telephones, furniture, equipment, cars, houses, etc.)
Who can receive financing under a Istasnaa agreement?
Individuals and sole proprietors conduction their activities within the territory of the Kyrgyz Republicin sectors that do not contradict the principles of Sharia
