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Version 1.8PRODUCT DISCLOSURE SHEETCashlinei (Tawarruq)Read this Product Disclosure Sheet before you decide to take up this product. Be sure to also read the terms in the letter of offer. Seek clarification
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How to fill out cashline-i tawarruq

01
Contact the bank to inquire about the cashline-i tawarruq product.
02
Provide the necessary documents such as proof of identity, income, and any other relevant information requested by the bank.
03
Fill out the application form for the cashline-i tawarruq, ensuring all information provided is accurate.
04
Wait for the bank's approval and disbursement of funds into your account.

Who needs cashline-i tawarruq?

01
Individuals looking for a Shariah-compliant financing option.
02
Those in need of quick access to funds for personal or business purposes.
03
Customers who are eligible for the cashline-i tawarruq product offered by the bank.
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Cashline-i tawarruq is a financial product that allows individuals to obtain liquidity while complying with Shariah principles. It involves the purchase and sale of a commodity to provide funds to the customer.
Individuals or businesses that have utilized cashline-i tawarruq services and need to report their financial activities for compliance purposes are required to file.
To fill out cashline-i tawarruq, one should provide necessary personal or business information, details of the transaction, and any relevant financial data required by the regulatory entity.
The purpose of cashline-i tawarruq is to offer a Shariah-compliant financing option that enables individuals and businesses to access funds without engaging in interest-based transactions.
The information that must be reported includes borrower details, transaction dates, amounts, and any associated fees or profits incurred during the transaction.
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