What types of Islamic products are available in The First MicroFinanceBank-Afghanistan?
The First MicroFinanceBank offers a range of Sharia-compliant financial products, including:
The First MicroFinanceBank offers a range of Sharia-compliant financial products, including:
Via Sharia-compliant contracts: Murabaha (mark-up sale), Ijarah (leasing), Mudarabah & Musharakah (profit-loss partnerships).
Conventional banks charge/earn interest; Islamic banks share profit & loss and must be asset-backed.
Any guaranteed excess over principal without due consideration, which is strictly forbidden in Islam.
A banking system that follows Islamic Shariah prohibits interest (Riba) and bases earnings on trade, leasing, or profit-loss sharing.
Kabul, Afghanistan, 14 September 2025 A series of magnitude 6.0 earthquakes struck eastern Afghanistan. The epicenter was in Kunar Province. Neighboring Nangarhar and parts of Laghman were also hit hard. Homes, water sources, and livelihoods were damaged. Another strong quake on 4 September increased the damage and the need for urgent assistance. The worst hit … Read more
FMFB-A is committed to:
Inclusion [Social Ratings] conducted an in-depth review of FMFB-A’s policies, practices, and client-facing processes. This included documentation review, interviews, and checks against the CERISE+SPTF client protection indicators.