Islamic Product
Product Image

Bai-Mudaraba

Bai-Mudaraba is a financing solution where Meridian Finance provides the capital for permissible goods under Islamic Shariah, sold to you at a cost plus an agreed profit. Flexible payment options allow repayment in installments, supporting business growth in a structured, Shariah-compliant way.

10.0 Lac – 10.0 Crore
Investment Range
1 – 5 years
Tenure
Shariah Approved
Profit Rate

Overview

  • Investment range: 10.0 Lac to 10.0 Crore
  • Tenure options: 1 to 5 years
  • Monthly profit rate: Determined with Shariah Supervisory Committee approval
  • Early/partial settlement: Allowed with no additional fees or charges

  • Payment: Directly to vendor/supplier
  • EMI: Fixed over the tenor
  • No compound interest calculations
  • No additional charges for partial settlement

  • Photocopy of NID/Smart cards
  • Passport size lab print photographs
  • Relevant Incorporation, License, Permission Documents
  • Latest E-TIN certificate or tax-payment slip
  • Latest utility bill Copy
  • Bank Statements of business accounts
  • Last three years financial statements