ISLAMIC LOAN CORONAVIRUS FOR BUSINESS

ISLAMIC LOAN CORONAVIRUS FOR BUSINESS

ISLAMIC BANKING FOR SME COMPANY AFFECTED BY CORONAVIRUS HALAL LOAN FINANCE ISLAMIQUE SOUS CORONAVIRUS HALAL CROWDFUNDING

An islamic loan in times of coronavirus consists of a financing facility provided by an islamic bank to assist small and medium enterprises (SME) to face the negative economic effects of the coronavirus which has a global impact on business people and entrepreneur, following the rules of islamic finance

The Islamic loan for coronavirus has the sole purpose of providing financial assistance to any person or company facing financial insecurity due to the catastrophic economic fallout from the corona pandemic within the framework of Islamic sharia.

Islamic financing within the framework of the coronavirus is mainly the work of the State which subsidizes large-scale credits for the benefit especially of the economic sectors affected by the containment effect of the virus.

A halal loan for coronavirus is similar to a conventional loan whether it is a personal loan or a business loan and which will contain terms and conditions similar to those of a usual loan with the difference that it doesn’t apply interest (Riba).

WHAT TYPE OF ISLAMIC LOANS IN THE TIME OF CORONAVIRUS ?

There are now many types of Islamic loans linked to the financial and negative fallout of the virus:

  • Halal coronavirus loan for individuals and households.

  • Islamic coronavirus financing for companies.

  • Islamic debt consolidation for coronavirus.

  • Islamic mortgage under corona.

  • Car loan for corona virus.

  • Car loan for corona virus.

  • Islamic crowdfunding for coronavirus.

CORONAVIRUS PERSONAL ISLAMIC LOAN

The Islamic personal loan coronavirus or Islamic consumer loan is intended to allow the muslim consumer affected by the crisis of the virus to be able to make purchases and races but also to have a sum of money like credit to spend it freely following the Islamic sharia. The Islamic personal coronavirus loan can be offered in two different forms, that of the allocated and unassigned loan, the first dedicated to the acquisition of a specific good or property, the second with free use.

ISLAMIC FINANCING FOR BUSINESS WITH CORONAVIRUS

Islamic financing for coronavirus business is a Muslim line of credit offered by a bank to a business victim of the negative effects of the coronavirus and for which it is not easy to finance its expenses such as working capital, payment of wages and maintenance. The Islamic business loan with the coronavirus is of course supported by the State which subsidizes a type of loan which aims to save businesses from bankruptcy due to the corona virus.