(March 2023) The investment loss could not be recovered. Cars Business will share 40% loss and investors will share 60% loss on their remaining investment as per disclaimer
(Jan 2023) The recovery efforts are on going. We appreciate your patience!
(June 2022) We have suffered 100% loss at car dealer. Trying to recover the loss (please read disclaimer for loss share details)
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Disclaimer

Disclaimer

Cars Business

Cars Business is a safe investment platform where you can invest money and get 60% profit share. We run business of cars mainly small/hatch back cars by purchasing the feasible cars and sell them at right time to right customer. Normally a car is sold within a month and returns 2 to 10% an average profit. The profit varies car to car and model to model. We buy only those that have good potential of profit, using our rich experience in past.

Business model:

  • We run the business on Mudarbah model. You are Part A called as Investor (Rab ul Maal) and we are Party B called as Business men (Mudarib).
  • The profit/loss sharing ratio is 60:40 where investors get 60% and company gets 40% of net profit and loss.
  • We do not invest using bank or interest based loans.
  • We also do not black market so that the business remains halal.

Business commodities

We run the business by buying/selling cars mainly small/hatch back cars depending on the availability and profit feasibility. We sell it at appropriate time and to potential customers and avoid black marketing. After total sales in a month, the net Profit or loss is shared as 60% to investors.

Refund policy

Investors can post withdraw request after the sale of a car. Once the amount is recovered after sale then the investment withdraw request will be processed within 7 days one by one and depending on volume of cars sold. We do not hold investment of any investor.

Please read thoroughly FAQs and Refund Policies for details.

 

Profit/loss sharing

Investor remains 60% share holder of both profit or loss.

Profit means profit made on a car after deducting expenses of Cars Business. The profits made in a month are shared on 1st of next month.

Loss means loss on a car sale or loss due to incident that is beyond control of team of Cars Business. The loss is shared from monthly profit or withdraw amount.

If loss happens then investor will bear 60% of the loss and Cars Business will bear 40% of the loss and this 40% be credited to investor within a year or more depending on the loss scenario and refund feasibilities.

Please read thoroughly FAQs, Refund Policies and Disclaimer thoroughly before investing in Cars Business.

By investing in Cars Business, you are assumed to read and agreed to all FAQs, Refund Policies and Disclaimer  mentioned on website.