FAQs
Who should invest?
You should invest if you want passive income
What is minimum investment?
You can start investing with minimum Rs. 50,000/-. Generally by investing Rs. 100,000/- returns reasonable profits.
What is maximum investment?
You can invest up to maximum of Rs. 10 lacs.
What is business model?
We run business based on Mudarbah model.
Is it Halal Business?
Yes, it is. We perform trading (sale/purchase of cars). We buy small cars mainly hatchback cars and sell it to potential customers. We do not black market. Also we do not use interest based loans.
What is the Profit share ratio?
Profit share ration is 60:40. Investors get 60% share of net profit.
What is meant by 60% Profit share?
If we made net profit of Rs. 10,000/- then company will get Rs. 4,000/- and the investors will get Rs. 6,000/-.
How is 60% Profit Share is distributed among investors?
Each investor gets proportional share of 60% Profit Share based on his investment available with us.
Explain with example?
Investor A has Rs. 40,000/- investment and investor B has Rs. 60,000/- investment. Investor A has 40% proportion and investor B has 60% proportion of total Rs. 100,000/- investment. Suppose investors’ 60% profit share is Rs. 6,000/- then investor A will get 40% of Rs. 6,000/- i.e. Rs. 2,400/- and investor B will get 60% of Rs. 6,000/- i.e. Rs. 3,600/-.
What is the Loss share ratio?
Loss share is also 60:40 i.e. investors get 60% share of Loss. We try our best to avoid losses and perform maximum feasibility exercise to avoid loss. If a car is not worthy of profit then we simply do not invest and wait for next available car.
How do I receive Profits?
After total sales of cars, once payments are received, we will post profit amount into your account at CarsBusiness.pk on the 1st of next month. It will add into your existing investment. You can post ‘Withdraw’ request if you want it in your bank account. We will transfer amount online.
Can I get my money back?
Yes, you can post withdraw request after car sales.
For how long my investment remains invested?
Your investment remains invested depending on the car we have bought and time to sell it. It is minimum of 2 months and maximum of 6 months.
What is the maximum profit expected?
In Crops the profit varies from 2% to 10%.