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Islamic Solar Financing

Residential Projects from 5KW to 20KW

A wonderful initiative by Famn Shine Co.

 

You can get your Solar Project financed, through our Islamic Solar Financing within 4 easy steps! Go solar with Famn Shine co without worrying about upfront cost Feel free to contact with our sales team for any Inquiries related to it. Your queries will be answered promptly.

 

Key Features

  • Islamic Mode: Financing to be provided on Islamic concept of ‘Musawamah’
  • Financing Amount: Maximum upto Rs. 3,500,000 inclusive of Taxes as per Govt Regulations
  • Security Collateral: Post dated cheques & personal guarantee
  • Installation will be conducted by our technical partner, ‘M/S FAMN Shine Co’
  • Documentation and processing fee to be bourne by customer

Eligibility Criteria:

  • Must be a Pakistani Citizen
  • Residence Ownership: Property where solar has to be installed must be owned by applicant. If the place is owned by an immediate family member(*1), in such case house owner(s) will become co-applicant(*2). In case of 2 or more owners of property, each & every owner will become co-applicant.
  • Age of Applicant: Minimum 20 years and maximum 58 years or upto the age of retirement at the time of maturity. For business persons, it is between 30 – 60 years.
  • Have a good credit history (Clean CIB)
  • Available for on-grid systems, off-grid systems, and hybrid systems. The facility covers the cost of solar panels & its allied products, inverters and mounting structures but does not cover the cost of batteries, net metering and /or KE Nepra cost. Such additional cost to be borne by customers directly.
  • Once the proposal is confirmed, Application form to be filled by the customer.(*3)

*1 Immediate family members include parents, spouse, siblings and children
*2 Applicant must be residing at provided address
*3 Application form will be provided after confirmation

EMAIL:

info@famnshine.com

LOCATION:

Phase 8, DHA Karachi

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