AU-1.2.3

Past version: Effective from 01 Jan 2014 to 31 Mar 2019
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Offering Shari'a compliant microfinance contracts is defined as entering into, or making arrangement for an eligible beneficiary to enter into, a contract to provide finance in accordance with Shari'a principles. The maximum amount provided under the microfinance contracts shall not exceed BD 5,000 in aggregate per eligible beneficiary. The repayment period must not exceed 3 years.

January 2014