Entrepreneurs can turn their business ideas into reality with the help of the Tamweel+ program. Tamkeen, in collaboration with various Partner Banks, offers Sharia-compliant financing opportunities at a competitive rate.
Subject to our Partner Bank's approval, Tamkeen will subsidize 70% of the annual nominal profit rate (capped at an 8% reducing balance). The financing amount ranges from BD 1,000,000 to BD 2,500,000 with an option of a repayment tenor of up to 10 years and a grace period, subject to the bank’s policy.
• All entrepreneurs seeking to obtain financing may approach our Partner Banks.* The entrepreneur must provide a feasibility study and the purpose of the financing must be for local or international expansion or diversification.
*Subject to Partner Banks Terms & Conditions.