International commodities
International Commodities
What is tawarruq?
Tawarruq is a Sharia-compliant financial instrument widely used in Islamic
finance. It involves purchasing a commodity on a deferred payment basis
and then selling it to a third party for cash. This method allows individuals
and businesses to obtain liquidity while adhering to Islamic principles .
How Tawarruq Works?
✓ Purchase on Credit: The client buys a commodity from the bank on a
deferred payment basis .
✓ Immediate Sale: The client sells the commodity to a third party for
immediate cash .
✓ Repayment: The client repays the bank over an agreed period
How is Tawarruq applied?
✓ Tawarruq is used for personal financing, business capital needs, and
even for investment purposes. It is especially beneficial for those
seeking to maintain compliance with Islamic laws while meeting
liquidity requirements.
Tawarruq stands out as a viable solution in Islamic finance, providing
immediate liquidity while adhering to Sharia principles. By facilitating ethical
financial transactions, Tawarruq ensures that individuals and businesses can
meet their financial needs without compromising on their religious beliefs.
Our Clients/Partners
Our clients list include major Kuwaiti Islamic banks, in addition to a number of finance companies
