Chit FundsAs'salamu alaykum wa rehmatullahi wa barkatuhu. There is a chit scheme.In this lets say about 10people and 1 agent will be involved..these 10 people will pay 10,000 each for 10 months(that means 100,000 (10,000*10people's money) will be gathered each month).The agent will take 4000 as commission each month for maintaining this process. Money(96,000) will be…
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