Hamdi Abdi Mohamad operates a halal grocery store on Cowley Road in Oxford. He has struggled with working capital shortfalls. Halal abattoirs require cash payment in advance, usually 10 days; stock lasts up to 15 days. 30% of his customers use credit cards which process payment within 10 days. His average cash cycle is 20 days. This means that he has to order new meat five days before his cash cycle is complete.

A. A new peer-to-peer platform Qardus offers a Tawarruq solution. Hamdi’s local Imam said Tawarruq is wrong.

B. Hamdi explained his problem to Qardus’ team. And, they agreed to develop an alternative product.

C. You are the product team: what product will you offer? How will it work? Diagram your product.

1. Diagram the roles of each party. 

2. Explain the steps.