Silfa is an Arabic word which means "advance" and they have been around longer than you may think! It was and still is a common method of raising funds across the Middle East and Asia!
Lets say for example you need a Silfa of $10,000, your group size is 10 people and the duration is 10 months. Each month, $1000 will be collected from each participants' account, and each month $10,000 will be paid out to one of the participants based on priority.
No interest, no fixed or variable rates, no risk! We're bringing Silfa's into the 21st century by providing a risk free and secure platform to create or participate in your very own Silfa!
Sign up to hear from us.
Copyright © 2020 SILFA - All Rights Reserved.