Who is the financing intended for?
- People engaged in marine fishing activities.
- Owners of boats and small or micro fisheries businesses.
- Business owners who need to renew or add fishing equipment.
- Owners of fish retail shops.
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Fisheries Financing
Amjaad Mawj
Your livelihood from the sea—financing from Amjaad.
Product overview
Amjaad Mawj supports people working in fisheries with Sharia-compliant financing solutions for the equipment, machinery, tools, and essential facilities their activities need. It is designed to help customers start, develop, and improve their projects and increase productivity.
What can be financed?
- Purchase of boats and engines.
- Purchase of nets, fishing tools, and equipment.
- Operating equipment related to fisheries activities.
- Supplies for fish retail shops.
Product advantages
- Clear financing solutions tailored to the sector's needs.
- Clear, streamlined procedures, subject to the bank's approved policy.
- Repayment options determined according to the nature of the activity and the assessment outcome.
- Multiple collateral options according to the type and value of the financing.
What is needed before applying?
Prepare a clear description of the boat or equipment to be financed, including its specifications and the amount of financing requested.
Financing and repayment information
The financing amount, term, repayment frequency, and required collateral are determined after the customer's information and the nature of the activity or need have been assessed, and after the application has been reviewed for alignment with the bank's policies and procedures.
Fisheries Financing
Amjaad Mawj