{"id":1360,"date":"2018-07-10T09:20:28","date_gmt":"2018-07-10T09:20:28","guid":{"rendered":"http:\/\/demo.oceanthemes.net\/borrow\/?page_id=1360"},"modified":"2024-08-10T15:05:38","modified_gmt":"2024-08-10T15:05:38","slug":"products-and-services","status":"publish","type":"page","link":"https:\/\/www.ghiccu.com\/index.php\/products-and-services\/","title":{"rendered":"Products And Services"},"content":{"rendered":"

[vc_row fullwidth=”yes” el_class=”hide-over”][vc_column][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1530087826898{padding-top: 80px !important;padding-bottom: 80px !important;}”][vc_column][vc_tta_tabs color=”white” active_section=”1″][vc_tta_section title=”Partnership-Based Products” tab_id=”1530154979556-8dca45bf-c592″][vc_row_inner][vc_column_inner width=”1\/2″]\t\n\t

GHICCU Mushaaraka<\/h3>\t\n[vc_column_text css=”.vc_custom_1723253137228{margin-bottom: 20px !important;}”]This product is an equity participation contract under which GIIBIC and its client contribute jointly to finance an enterprise. Equity is owned according to each party’s share in financing. Profit is shared in pre-agreed ratio and loss in proportion to the capital contribution. This product is meant for financing small and medium enterprises, mostly market women, and traders.<\/p>\n

Learn More<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/12″ offset=”vc_col-lg-offset-1 vc_col-md-offset-1 vc_col-sm-offset-1″][vc_single_image image=”1884″ img_size=”full” css=””][\/vc_column_inner][\/vc_row_inner][\/vc_tta_section][vc_tta_section title=”Trade-Based Products” tab_id=”1530154979652-3dd4a5f1-aa88″][vc_row_inner][vc_column_inner width=”1\/2″]\t\n\t

Muraabaha<\/h4>\t\n[vc_column_text css=”.vc_custom_1723253182100{margin-bottom: 20px !important;}”]GIIBIC acquire an item at the request of a client; and then sell that item to the client at a price that includes the cost price plus some agreed amount of profit. The client will then pay GIIBIC for the item in an agreed manner, either in one lump sum immediately at the time of purchase or pay the bank in an installments basis. This transaction can be financed based on quotations from a suppliers and customer completing bank\u2019s application form. GHICCU Muraabaha will be used to finance:<\/p>\n

Learn More<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/12″ offset=”vc_col-lg-offset-1 vc_col-md-offset-1 vc_col-sm-offset-1″][vc_single_image image=”1886″ img_size=”full” css=””][\/vc_column_inner][\/vc_row_inner][\/vc_tta_section][vc_tta_section title=”Rental-Based Products” tab_id=”1530155660326-129f68d9-37f5″][vc_row_inner][vc_column_inner width=”1\/2″]\t\n\t

GHICCU Ijaara<\/h3>\t\n[vc_column_text css=”.vc_custom_1723253253906{margin-bottom: 40px !important;}”]This product is designed for GIIBIC clients to enjoy and benefit usufruct rights of GIIBIC asset at an agreed upon price (rent) and for agreed upon time (lease term). Ijaara will be used to finance:
\nLearn More<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/12″ offset=”vc_col-lg-offset-1 vc_col-md-offset-1 vc_col-sm-offset-1″][vc_single_image image=”1888″ img_size=”full” css=””][\/vc_column_inner][\/vc_row_inner][\/vc_tta_section][vc_tta_section title=”Fee-based Products” tab_id=”1530155851841-2e2927f7-c2c9″][vc_row_inner][vc_column_inner width=”1\/2″]\t\n\t

GIIBIC Hiwalah<\/h3>\t\n[vc_column_text css=”.vc_custom_1723253218525{margin-bottom: 0px !important;}”]<\/p>\n

GIIBIC under Hiwalah will be transferring funds from depositor\u2019s account to a receiver\u2019s account and then charge commission for this service rendered.<\/p>\n

Learn More<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/12″ offset=”vc_col-lg-offset-1 vc_col-md-offset-1 vc_col-sm-offset-1″][vc_single_image image=”1889″ img_size=”full” css=””][\/vc_column_inner][\/vc_row_inner][\/vc_tta_section][\/vc_tta_tabs][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row fullwidth=”yes” el_class=”hide-over”][vc_column][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1530087826898{padding-top: 80px !important;padding-bottom: 80px !important;}”][vc_column][vc_tta_tabs color=”white” active_section=”1″][vc_tta_section title=”Partnership-Based Products” tab_id=”1530154979556-8dca45bf-c592″][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1723253137228{margin-bottom: 20px !important;}”]This product is an equity participation contract under which GIIBIC and its client contribute jointly to finance an enterprise. Equity is owned according to each party’s share in financing. Profit is shared in pre-agreed ratio and loss in proportion […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-fullwidth.php","meta":{"footnotes":""},"class_list":["post-1360","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/pages\/1360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/comments?post=1360"}],"version-history":[{"count":27,"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/pages\/1360\/revisions"}],"predecessor-version":[{"id":1890,"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/pages\/1360\/revisions\/1890"}],"wp:attachment":[{"href":"https:\/\/www.ghiccu.com\/index.php\/wp-json\/wp\/v2\/media?parent=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}