Balance (form 1 and form 2) for the last reporting year with electronic confirmation of acceptance of reporting and operational for the current quarter
Musawamah
Installment purchase and sale transaction at an agreed price
Main terms of the transaction
Convenient payment terms
The contract is made for a period of 3 to 36 months
Quick transaction processing
The full process takes from 5 to 8 working days if documents are available
Flexible advance payment
The advance amount can be any — from 50% to 70% of the purchase price
Simple and transparent processing
Minimal documents and clear terms with no hidden fees.
The company covers the costs.
The company pays all current processing/issuance costs; the client only needs to cover the insurance.
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- Charter;
- Certificate;
- Passports of the director, founders, and chief accountant;
- Order and decision on the director and chief accountant (if available).
Certificate from the servicing bank regarding:
- Availability of funds in the current account;
- No queue of unpaid payment orders due to insufficient funds;
- Absence of overdue debt on the loan.
Sample signatures and turnover of the current account for the last 12 months (in electronic form)
Electronic certificate from the State Tax Authority confirming no outstanding tax liabilities (with QR code)
An ID card or an internal passport of a citizen of the Republic of Uzbekistan with a residence permit
Frequently Asked Questions
An extra charge can be placed in advance on the cost of purchasing a car from TAIBA FINANCE. Accordingly, the client pays an advance of the cost of the sale of the car, and the remaining part is an equal share during the agreed period of the Musavam.
Yes, car insurance is mandatory. It protects the client and the asset from unforeseen situations.
The company fully undertakes the registration of the car: registration with the traffic police, obtaining a technical passport and a notarial transaction. All related expenses are paid by the company, the client only needs to pay for insurance.
According to AAOIFI standards No. 3, penalty collection is possible only for the purposes of discipline. The entire amount received is directed to charitable purposes under the supervision of the Supervisory Board.