KASB MODARABA

KASB Modaraba offers financing under Musharaka arrangement by entering into trading partnerships with business firms dealing primarily in commodities; and Murabaha financing for short tenures to corporate customers. The company also provides Ijarah, an Islamic alternative of leasing, which refers to the transfer of benefits and use of an asset by the owner to the lessee at an agreed rent for an agreed period of time; and Diminishing Musharaka that offers a mode through, which it keeps on reducin... g its equity in the project and transferring ownership of the asset to the participants. In addition, it provides various deposit schemes; and Modaraba financing, as well as invests in sukuk bonds, mutual funds, and listed securities. The company is introducing Residual Value Car Financing Scheme enabling customer to afford luxury with economy and enjoy the benefits of eased rental. A high residual value would result in lower monthly payments. The residual value of the vehicle is the estimated consideration amount at which it is expected to be sold after three years financing tenor.More