Tamweel is designed to support Start-ups aiming to achieve higher growth and to develop their business. Tamkeen, in collaboration with various Partner Banks, offers Sharia-compliant financing opportunities at a competitive profit rate.
Subject to our Partner Bank's approval, Tamkeen will subsidize 50% of the annual nominal profit rate (capped at an 8% reducing balance). The finance amount ranges from BD 5,000 to BD 500,000 with an option of a repayment tenor of up to 10 years and grace periods that are subject to the bank’s policy.
• All Start-ups seeking to obtain financing may approach our Partner Banks.*
*Subject to Partner Banks Terms & Conditions.