Our product: money transferred from investors to creditworthy and conscientious borrowers for a profitable project on the basis of profit, income, and risk distrubition of the project
The Islamic Investment Company “BF” (further “Company”) invests in projects permitted by Islam religion for a period of 1-5 years. Investing is carried out on the basis of participation in the capital or income of projects. Projects are located in the Kyrgyz Republic and are represented by various sectors of the economy: IT, trade, services, construction, and other private entrepreneurship. The company insures its risks by controlling the financial flows of its projects. We have been actively working in Kyrgyzstan since 2016.
Being a partner, not a banker.
Мы считаем дачу денег под процент абсолютно недопустимым как с We believe that giving money at a percentage is unacceptable both from the perspective of Islam, from the point of ordinary logic, and justice. Our goal is to develop business and entrepreneurship on the basis of a fair sharing of risks and benefits between the entrepreneur and the investor.
He turned his hobby into a small business of saddles. Like all entrepreneurs, he thought of putting the production of light and high-quality saddles on the conveyor. Consequently, he did it. On average, he produces 500 saddles a month and sends them to all regions and to neighboring countries of Kyrgyzstan. Saddles made by Bakyt’s business exceptionally differ from other saddles by its lightweight and durability. Things became well and thanks ALLAH he bought a house for himself, where he moved with his big family. Bakyt received his first investment
He is an employee of one of the leading insurance companies in the country. In addition to his main work, he decided to engage in small business parallelly and bring joy to children. Specifically, he acquired two entertainment machines in Russia, which he installed in one of the malls of the city. He received funding from Bereke for the purchase of slot machines for children. Things became well, thanks ALLAH, he started earning money
Many of our partners take a loan to add this money to their savings for buying an apartment and building a house. For instance, during the cooperation with our company, our partner Adilet is building 3 large houses in Bishkek for further implementation. He told us how it all began.
Our partner received funding in the amount of 800,000 soms for the construction of 2-story compact houses for further sale. He has built 3 objects (houses) of which one has already sold. Adilet builds houses within 6 months. The average monthly income is 280,000 soms. Our partner share is 8%
To the borrowers
The company provides financing to borrowers based on the concept of sharing the borrower’s income in proportion to the capital provided. The company assumes part of the borrower’s risks and also provides consulting assistance in the field of accounting and marketing. We strive to become a trusted partner of our borrowers.
Application and evaluation
At this stage, we monitor and help to calculate the business plan of the project. We consider the applicable share of project revenue sharing between us and the borrower
Setting up and consolidating the project accounting system
We help borrowers establish an accounting system that is premium for both us and the borrower
Issuance and subsequent accounting
Depending on the actual receipt of income, the borrower transfers the share of the company to a bank account