Economy News _ Baghdad
Al-Nahrain Islamic Bank decided on Sunday to grant loans to citizens of 10 million dinars, indicating that the repayment period of the loan is 5 years and at a rate of 7%.
"The bank issued its instructions regarding the financing of small projects for citizens and the instructions set the maximum limit for the purchase of goods (10) million dinars at a rate of 7% Murabaha for (5) years," the bank said in a statement.
The statement added that "the guarantee is the guarantor of a government employee or more that his net salary is not less than (500) thousand dinars and is paid within 30 days from the date of receipt."
The bank said, according to the statement, that "the required documents for those wishing to obtain the loan are the supporting documents, the support of the municipality of the lease and the identity of the Chamber of Commerce with a presentation of the materials to be purchased from a specialist.economy-news.net/content.php?id=15814
Al-Nahrain Islamic Bank decided on Sunday to grant loans to citizens of 10 million dinars, indicating that the repayment period of the loan is 5 years and at a rate of 7%.
"The bank issued its instructions regarding the financing of small projects for citizens and the instructions set the maximum limit for the purchase of goods (10) million dinars at a rate of 7% Murabaha for (5) years," the bank said in a statement.
The statement added that "the guarantee is the guarantor of a government employee or more that his net salary is not less than (500) thousand dinars and is paid within 30 days from the date of receipt."
The bank said, according to the statement, that "the required documents for those wishing to obtain the loan are the supporting documents, the support of the municipality of the lease and the identity of the Chamber of Commerce with a presentation of the materials to be purchased from a specialist.economy-news.net/content.php?id=15814