Place of conclusion and provision of services – Astana International Financial Centre
This Agreement of accession on financing of tawarruk in the Private Company Tayyab Finance Ltd. (hereinafter referred to as the Agreement) is concluded between Private Company Tayyab Finance Ltd. (a legal entity registered in the Astana International Financial Centre (hereinafter – the AIFC) in accordance with the Acting law of the AIFC, BIN 211140900393, and holding a license from Astana Financial Services Authority for providing financial services, license No. AFSA-A-LA-2024-0012 dated May 29, 2024, for “Providing Islamic financing”) represented by CEO/Director Uspanov D.K., acting on the basis of the Articles of Association (hereinafter referred to as the Company) and the Client (a person who submitted the Application for accession to the Agreement). This Agreement is an agreement of accession, and it is accepted by the Client as a whole. The Company and the Client may hereinafter be jointly referred to as the “Parties”, and each individually as a “Party”, or as specified above.
The Parties have agreed on the following procedure for concluding and signing the Agreement:

• The Client agrees to the terms of this Agreement by signing the Application for accession to the Agreement. From the date of signing the Application, the Agreement comes into legal force, and it is valid until the Client has fully fulfilled its obligations to the Company;
• When signing this Agreement, the Parties allow the Company to use facsimile copying of the signature and seal. The Agreement signed using a facsimile copy of the signature and seal of the Company is recognized as valid and binding on the Parties.

Terms and definitions

• Agreement is this Agreement of accession on financing of tawarruk in the Private Company Tayyab Finance Ltd., concluded between the Company and the Client and constituting an Islamic financial contract for the provision of Islamic financing.
• Islamic financing is financing based on one or more Islamic financial contracts.
• Islamic financial contracts include Murabaha (sale of goods at a price equal to the cost of goods plus a markup, including Tawarruq or commodity Murabaha), Ijara (Islamic leasing), Mudarabah (a form of partnership where one party provides capital and the other party engages in business activity for a share of the profit measured in a proportional share), Musharakah (a partnership agreement where two or more parties provide capital and manage), Wakalah (agency agreement) and other types of Islamic financial contracts established by the acts of the AIFC.
• The place of the Company's activities is Astana International Financial Centre.
• The place of financial services provision of the Company is Astana International Financial Centre.
• The provision of Islamic financing is the provision of funding through the conclusion of an Islamic financial contract.
• Application is the Application for accession to the Agreement of accession on financing of tawarruk in the Private Company Tayyab Finance Ltd., according to which the Client accedes to the Agreement and the Parties sign the corresponding Appendix No. 1 (Purchase Order for the Goods).
• Tawarruq – an Islamic finance transaction based on an Islamic financial contract of tawarruq, as provided by the acts of the AIFC and the Appendix to the Joint Order of the Governor of the Astana International Financial Centre dated 26 May 2020 No. 126, the Minister of Finance of the Republic of Kazakhstan dated 29 May 2020 No. 547, and the Minister of National Economy of the Republic of Kazakhstan dated 12 June 2020 No. 118.
• Goods are the goods that comply with the principles of Sharia, which are the object of sale and purchase under the Agreement, which are purchased under the Purchase Order in accordance with Appendix No. 1 to the Application.
• Payment is a periodic payment payable by the Client in favor of the Company in accordance with Appendix No. 2 to the Agreement.
• Supplier is a supplier of the Goods who provided the Company the Goods based on the Order under this Agreement.
• Order is an order for the purchase of Goods submitted by the Client to the Company in accordance with Appendix No. 1 to the Application.
• Initial cost is the price of the purchase of the Goods by the Company from the Supplier.
• Agreement amount is the cost of the Goods under this Agreement, calculated as the sum of the Initial cost and the Extra charges, payable in accordance with Appendix No. 2 to the Agreement – the Payment Schedule.
• Extra charges are the Company's trade extra charges under the Agreement to the Initial cost, which is determined based on the Profit rate, the number of periodic Payments, and the amount of the Initial cost. The amount of the extra charges is set at the date of the Agreement.
• Damage is all actual expenses, losses, costs and damages (except for funding costs and lost profits) incurred by the Company as a result of the Client’s failure to fulfil and/or improper fulfillment of obligations under the Agreement.
• Acceptance is the Company’s consent to conclude a purchase and sale transaction for the Goods in accordance with the Client’s Offer according to Appendix No. 1 to the Agreement.
• Offer is a proposal to conclude a purchase and sale transaction for the Goods under this Agreement, addressed by the Client to the Company in accordance with Appendix No. 1 to the Agreement.
• Services are the services for the delivery of a third party’s offer (as a buyer) to the Client and the delivery of the Client’s consent (as a seller) to a third party as part of the conclusion of a purchase and sale transaction for the Goods between the Client and a third party other than a person who sold the Goods to the Company.
• Expert Council – Company Sharia Council or External Independent Sharia Experts.
• The principles/norms of Sharia are a set of regulations and rules that define the beliefs, as well as the religious conscience and moral values of Muslims.

Subject of the Agreement
In accordance with this Agreement:

• According to the Purchase Order for the Goods (Appendix No. 1 to the Application), the Company, at the request of the Client, purchases the Goods from the Supplier at the Initial cost;
• In accordance with the terms of the Order, the Company, at the request of the Client, sells the Goods to the Client at the Agreement amount on terms of installment/deferred payment by signing of the Offer and Acceptance for the purchase of the Goods by the Parties (in the form according to Appendix No. 1 to the Agreement) and the Payment Schedule (in the form according to Appendix No. 2 to the Agreement);
• In accordance with the Letter of Service Provision (in the form according to Appendix No. 3 to the Agreement), the Client engages the Company to provide Services when making a sale and concluding a transaction for the sale of the Goods to a third party other than a person who sold the Goods to the Company;
• The Company sells the Goods to a third party, other than a person who sold the Goods to the Company, at the Initial cost, which is equal to the amount of financing;
• After the transaction for the sale of the Goods to a third party other than a person who sold the Goods to the Company is completed, the funds from the sale of the Goods are sent, at the Client’s request, to the bank account specified in the Request to pay off the Client’s debt to the creditor / to the bank account of the Company’s partner to pay for the vehicle purchased by the Client / debt refinancing (subject to the indication in the Application for accession to the Agreement).

If the circumstance specified in sub-clause 2.1.5 of clause 2.1 of this Agreement does not occur, this Agreement shall be deemed not to have entered into force and shall not be subject to execution.
The period for repayment of the debt under the Agreement, the Initial cost, the Amount of the Extra charges, the Total cost of the Goods, and the Subject of the collateral are specified in the Application.
The security for the fulfillment of the obligations by the Client to the Company under the Agreement is the vehicle/guarantee specified in the Application (hereinafter referred to as the Subject of the collateral).
The Client shall bear all expenses arising in connection with the use of the funds received from the sale of the Goods under this Agreement, including any related or incidental costs, which shall not be reimbursed by the Company.
Goods
The Goods under this Agreement are property that meets the requirements and principles of Islamic financing.
The Goods under this Agreement may not be services, gold, silver and/or currency.
The Goods under this Agreement may not be property that is directly or indirectly owned by the Client at the date of submitting the Order beneficially owned.
Conditions for execution of the Order
The Company purchases the Goods from the Supplier solely on the basis of the Order in accordance with Appendix No. 1 to the Application.
Terms and conditions of payments
Payments are repaid in accordance with Appendix No. 2 to the Agreement. The date of cover of Payments is considered to be the date the funds are credited to the Company's bank account specified in the bank details of this Agreement.
The amount of the periodic Payment includes:

• Initial cost;
• Extra charges.

In case of violation of the terms of this Agreement, including the terms of cover of Payments by the Client, the funds received from the Client shall be sent by the Company for repayment in the following order:

• overdue balance of the Extra charges;
• overdue balance of the Initial cost;
• balance of the Extra charges;
• balance of the Initial cost;
• late payment penalty payable for late payment of Payments.

Rights of the Parties
The Company has the right to:

• In case of failure to receive funds from the Client to the Company's account within the stipulated terms to cover the amount of Payments, as well as in case of violation of the terms of this Agreement, the Company has the right to foreclose on the Subject of the collateral in accordance with the terms of the concluded collateral agreement or take any measures in accordance with the effective legislation of the Republic of Kazakhstan and acts of the Astana International Financial Centre (hereinafter referred to as AIFC) to ensure the fulfillment of the Client's obligations under this Agreement.
• Send to the Client, upon its written request, information necessary for the complete, accurate and timely fulfillment of the terms of this Agreement by the Client, while all postal expenses are borne by the Client.
• Monitor the timely making of the Payments by the Client.
• Unconditionally demand the unpaid Payments due to it ahead of schedule in the following cases:
• if the Client fails to make Payments two or more times in sequence after the expiration of the period established by this Agreement;
• the need for the Company to comply with the requirements of the legislation of the Republic of Kazakhstan and the acts of the AIFC;
• in the event of loss of security or deterioration of its conditions due to circumstances for which the Company is not responsible;
• the occurrence of a threat, in the opinion of the Company, to the proper fulfillment of obligations by the Client under the Agreement, including deterioration of the financial condition of the Client.
• Provide a Discount to the Client in the event of early cover of Payments under this Agreement based on a written application from the Client. In this case, providing a Discount to the Client is the right, not the obligation of the Company, which it implements in accordance with its internal regulatory procedures.
• Request and receive the necessary information and documents from the Client which are related to the execution of this Agreement within the period specified by the Company.
• Check the documents and the actual availability, size, condition and operating conditions of the security, as well as re-evaluate the security.
• Unilaterally change towards improving the terms of the Agreement for the Client.
• Independently insure the Subject of collateral against the risk of loss (destruction), shortage or damage for all cases stipulated by the insurance rules, while defining the Company as the beneficiary, for the entire term of the Agreement or demand fulfillment of this obligation from the Client.
• The Company shall block the GPS navigator of the Subject of collateral without prior notice in the event of non-fulfillment and/or improper fulfillment of the assumed obligations by the Client.
• Demand an additional security and/or replacement of security from the Client with other security on terms acceptable to the Company in the event (including but not limited to) the Company determines a decrease in the value and/or reliability of the security, or insufficiency of the security.

The Client has the right to:

• Submit requirements to the Supplier regarding the quality and completeness of the Goods.
• Send a written application to the Company about a Discount in the event of early cover of Payments under this Agreement. In this case, the providing of a Discount by the Company to the Client is its right, not an obligation, which the Company implements in accordance with its internal regulatory procedures.
• If the payment date falls on a weekend or holiday, make the payment on the next business day without paying a penalty or other types of punitive penalties.
• Upon application, receive, within a period of no more than 5 (five) business days, free of charge, no more than once a month, information in writing on the distribution of incoming funds to cover the debt under the Agreement.
• Upon application for partial or full payment of the Agreement amount free of charge, within a period of no more than 5 (five) business days, receive information in writing on the size of the amount due for return, indicating overdue payments.
• Within 3 (three) calendar days from the date of receiving the notification of a change in the terms of the Agreement towards their improvement for the Client, refuse the improving terms proposed by the Company in writing by sending a corresponding application to the Company's address.
• Contact the Company in writing if any disputes arise regarding the received services and receive a response within 15 (fifteen) calendar days, if the preparation of the response does not require the collection of additional information from third parties, and within 30 (thirty) calendar days if the preparation of the response requires the collection of additional information from third parties.
• Terminate obligations under this Agreement early by repaying the debt, while the minimum amount of partial early repayment may not be less than the amount of 2 (two) monthly payments provided for in Appendix No. 2 to the Agreement.

Obligations and responsibilities of the Parties
The Company is obliged to:

• Within 7 (seven) business days from the date of receiving the Client's application for a Discount, send a written response to the Client.
• Provide the Client, free of charge, but not more than once a month, within 5 (five) business days from the date of the Client’s request, with information on the distribution of the next incoming funds for repayment of the debt under the Agreement.
• Provide, free of charge, within a period of no more than 5 (five) business days from the date of the Client's request for partial or full payment of the Agreement amount, with information on the size of the amount due for return, indicating overdue payments.
• In the event of a delay in the fulfillment of an obligation, but no later than 7 (seven) calendar days from the date of its occurrence, notify the Client via SMS to the phone number specified in the Agreement about the need to make payments under the Agreement, indicating the amount of overdue debt and the consequences of the Client's failure to fulfill its obligations under the Agreement.
• When the Client submits a written request for the settlement of disputes, provide the Client with a written response within 15 (fifteen) calendar days, if the preparation of the response does not require the collection of additional information from third parties, and within 30 (thirty) calendar days if the preparation of the response requires the collection of additional information from third parties.
• When concluding an agreement containing the terms of the transfer of the right (claim) of the Company under the agreement to a third party (hereinafter referred to as the Agreement of claim assignment), notify the Client via SMS to the phone number specified in the Agreement about the completed transfer of the right (claim) to a third party or not contrary to the legislation of the Republic of Kazakhstan and the acts of the AIFC, within 7 (seven) calendar days from the date of concluding the Agreement of claim assignment, indicating the purpose of further payments to repay the debt under the Agreement to the third party (name and location of a person to whom the right (claim) under the agreement was transferred), the full amount of transferred rights (claims), as well as the balances of overdue and current amounts of the Purchase price, Cost of the Goods, Extra charges, penalty (fines) and other amounts payable.
• Not to charge penalties or other types of fines if the date of fulfillment of obligations to pay the next Payment is not a business day.
• Notify the Client via SMS to the phone number specified in the Agreement or push notification in the Tayyab Digital App mobile application about changes to the terms of the Agreement for their improvement within 7 (seven) calendar days from the date of the Company's decision to improve the terms of the Agreement.

The Client is obliged to:

• Cover Payments under this Agreement in the amount and within the terms stipulated by the Agreement.
• Notify the Company no later than 10 (ten) calendar days from the date of the above changes in case of change of full name, the place of residence.
• Provide the Company, during the term of the Agreement, with documents that allow it to obtain information regarding the financial status of the Client.
• Within 5 (five) business days, ensure the proper execution of the security, including registration of the right of pledge for the Company in the authorized registration body, and also provide additional security and/or replace the security with other security on terms acceptable to the Company in the event, including, but not limited to, the Company determines a decrease in the value and/or reliability of the security, insufficiency of the security, loss, damage or destruction of the security.
• Make all payments under the Agreement without any deductions and, if such deductions are mandatory, increase the amounts of funds payable to the Company so that the Company receives in full all amounts of funds due to it under the Agreement.
• Within 5 (five) days from the date of receiving the Company's demand, compensate the last amount of Damage, expenses and losses associated with the Client's violation of obligations under the Agreement.
• Within 3 (three) business days from the date of receiving the relevant notification from the Company, at its own expense, using its own efforts and resources, carry out the procedure for removing the encumbrance from the Subject of the collateral in the authorized government body.
• Provide the Subject of the collateral at the first request of the Company for the purpose of insuring it against the risk of loss (destruction) or damage for all cases stipulated by the insurance rules, or if the insurance of the Subject of the collateral is assigned by the Company to the Client, then within 7 (seven) business days from the date of conclusion of the Agreement, independently insure the Subject of the collateral indicating the Company as the beneficiary.
• In the event of non-fulfillment and/or improper fulfillment of the obligations by the Client under this Agreement, including the Client’s delay of two or more times in sequence after the expiration of the period for making Payments established by this Agreement, the Company has the right to demand from the Client, and the latter is obliged, at the request of the Company, to make (early) all Payments in accordance with Appendix No. 3 to the Application.
• In cases of improper fulfillment of the financial obligations by the Client, the Company has the right to demand from the Client to pay a penalty to the Company in the amount of 0.5% of the amount of overdue payment for each day of delay during 90 days of delay and 0.03% of the amount of overdue payment for each day of delay after 90 days of delay, but not more than 10% of the Agreement amount for each year of the Agreement.
• Any fines and penalties received under this Agreement shall be distributed in accordance with clause 8.2. of this Agreement.

Sharia compliance requirement

• The Client does not have the right to engage in activities related to the production and (or) trade of tobacco, alcoholic beverages, pig products, weapons and ammunition, gambling, as well as other types of entrepreneurial activities that contradict the norms of Sharia by decision of the Expert Council.
• Any fines and penalties received by the Company from the Client under this Agreement shall be transferred for the purpose of donation on behalf of the Client to charitable organizations and/or social institutions at the Company’s discretion with the approval of the Expert Council.

The Company's procedure as an agent

• The Client engages the Company as a messenger to provide services for the delivery of a third party's offer (as a buyer) to the Client and the delivery of the Client's consent (as a seller) to a third party as part of the sale of the Goods in accordance with the terms of sub-clauses 2.1.3. of clause 2.1. of the Agreement and the Letter of Service Provision (in the form according to Appendix No. 3 to the Agreement).
• The Goods shall be sold to a third party other than a person who sold the Goods to the Company.
• The Client is responsible for all risks associated with the Company's actions as a messenger, except for those risks associated with the intentional misconduct or negligence of the Company.

Transfer of ownership of the Goods

• The ownership of the Goods passes from the Company to the Client at the date of signing the Offer and Acceptance (in the form according to Appendix No. 1 to the Agreement).

Duration and termination of the Agreement

• This Agreement shall enter into force on the date of signing of the Application by the Parties and it shall remain in effect until the Parties have fully fulfilled the obligations stipulated by this Agreement.

Force-majeure (circumstances of insuperable force)

• The Party shall be released from liability for partial/full failure to fulfill obligations under this Agreement if such failure was a consequence of force majeure circumstances, i.e. extraordinary and unavoidable circumstances under the given conditions that arose after the conclusion of this Agreement. Such circumstances include acts or actions of state bodies that impede the fulfillment of obligations under this Agreement, natural disasters (floods, earthquakes), epidemics, military conflicts, military coups, terrorist acts, civil unrest, strikes and other circumstances beyond the reasonable control of the Parties.
• The Parties shall immediately notify each other in writing of such circumstances and their causes in the event of force majeure circumstances. If the Parties do not provide any proposals or instructions, the Parties shall continue to fulfill their obligations under this Agreement to the extent feasible and shall search for alternative ways of fulfilling this Agreement that are independent of force majeure circumstances.
• If the duration of force majeure circumstances exceeds 90 (ninety) calendar days, the Parties agree to cancel this Agreement by written notice and reimburse each other for any previously existing debt.
• Confirmation of the presence of force majeure circumstances and their duration shall be certificates issued by the Chamber of Foreign Trade of Kazakhstan, which is part of the National Chamber of Entrepreneurs of the Republic of Kazakhstan.

Confidentiality

• Each Party undertakes to maintain strict confidentiality of financial, commercial and other information received from the other Party.
• Transfer of such information to third parties, publication or disclosure is possible only with the written consent of the other Party, as well as at the request of bodies and officials directly authorized by the legislation of the Republic of Kazakhstan, acts of the AIFC, to receive such information.

Settlement of disputes

• The Parties acknowledge and agree that the receipt and payment of interest is not permitted by the principles of Islamic finance and accordingly agree that if any claim for amounts due under this Agreement is brought in court by any Party, such court, applying the laws and legal acts of the legislation, imposes an obligation to pay interest on the amounts in the claim, the Parties irrevocably and unconditionally categorically waive and reject any right to collect such interest yield.
• All disputes and disagreements arising between the Parties under the Agreement and/or in connection therewith shall be resolved through negotiations between the Parties. In case of impossibility of resolving disputes and disagreements through negotiations, they shall be resolved by applying the law of the AIFC, as well as the effective law of the Republic of Kazakhstan, which is applied in the part not regulated by this Agreement and the acts of the AIFC.
• If the Client intends to file a complaint against the Company, a Company employee or a service provided, the Client shall describe in detail the essence of their claims in the complaint and send it to the Company in one of a following ways:
• by email to [email protected];
• by registered mail to the address:
• "Astana city, Mangilik el Avenue, building 55/23, office 233; "
• "Almaty city, 10/1 Yelebekova Street, VENUS Business Center, block 1."
• Upon receiving the complaint, the Company undertakes to notify the Client within 7 (seven) days of receipt of the complaint and provide the Client with:
• the name and contact details of a person who is handling the received complaint;
• details of the Company's complaints handling procedure or a copy of the procedure upon request.
• If necessary, the Company will inform the Client about the progress of the consideration of its complaint.
• In order to resolve the Client's complaint, the Company may call the Client at the phone number indicated by it in the Application, if this is necessary to determine the nature of the complaint.
• The Company will notify on the results of the complaint review and the proposed compensation, if applicable, no later than 20 (twenty) days from the date of receiving the complaint.
• After the Company has carefully analyzed the matter, it will promptly:
• notify the Client in writing about the results of the relevant investigation;
• provide the Client with the proposed refund, if applicable; and
• will provide a refund if the Client accepts it.
• If the Client is not satisfied with the result and/or compensation, if applicable, offered by the Company, it has the right to other means of resolving the complaint. Such other means include arbitration, as provided below in the Agreement.
• Complaints involving other parties: If the Company considers that another AIFC participant or any other regulated financial institution is responsible, in whole or in part, for the subject matter of a complaint, the Company has the right to refer the complaint or the relevant part of it to another AIFC participant or any other authorized or regulated financial institution. However, the Company will:
• promptly notify the Client in writing that it plans to forward the complaint and request the Client's written consent to do so;
• if the Client provides consent, promptly refer the complaint to another authorized firm or regulated financial institution in writing;
• promptly notify the Client in writing that the complaint has been submitted and provide the necessary contact details; and,
• continue to process any part of the complaint that is not referred to another authorized firm or regulated financial institution.
• Complaints will be resolved within 30 (thirty) business days from the date of their receipt by the Company. If, due to the nature of the complaint, more time is required for its full investigation and decision, the Company will inform the Client of the approximate term for providing a final response.
• The Parties have agreed that all disputes and disagreements arising in connection with and concerning the Agreement, which cannot be settled through negotiations, shall be subject to consideration and final resolution in the permanent Arbitration Court of Kazakhstan (hereinafter referred to as the Arbitration) in accordance with the Arbitration Rules.
• Arbitration location: the Republic of Kazakhstan, Almaty, Almaly district, Baizakova Street, building 222, office 43, contact phone numbers: +7 705 603 26 51, Website: www.arbitsud.kz, e-mail: [email protected].
• During the term of the Agreement, the Parties are obliged to immediately notify each other in writing about changes in their addresses and/or mobile phone numbers, otherwise the information (summons, notice, SMS message, Arbitration acts) transmitted to a party by the Arbitration to the last known address and/or mobile phone number to it and/or the other Party is considered delivered to the addressee, and the Party to whom it was sent is considered to be duly notified of the date, time and place of the arbitration dispute, even if it has changed its address and mobile number at the time of sending the message and documents.
• The Parties confirm that they are familiar with the Arbitration Rules, the Register of Arbitrators and the Regulation on Arbitration Fees and Income.
• The Parties have reached an agreement on the selection of a sole arbitrator – Omarova D.K..
• In the event that the Parties fail to reach an agreement on the selection of a sole arbitrator, the Chairman of the Arbitration Court of Kazakhstan shall, within the period established by the Regulations, appoint at its own discretion a sole arbitrator from the Register.

Final provisions

• This Agreement constitutes the entire agreement of the Parties. Each Party confirms that it did not rely on any representations not included herein that induced it to enter into this Agreement.
• If any provision of this Agreement is unlawful or unenforceable, this will not affect the validity and enforcement of the remaining provisions of this Agreement, except in cases where the primary purpose of this Agreement becomes unattainable, in which case the Parties have the right to terminate this Agreement by sending written notification to the other Party.
• The Client gives irrevocable and perpetual consent to:
• provision of information about it to credit bureaus and issuance of a credit report to the Company;
• disclosure of any information about the Client, this Agreement and the Client's obligations under this Agreement by the Company to state and other authorized bodies.
• The Client hereby gives its consent to the disclosure of any or all information constituting a banking secret by the Company, its employees, authorized representatives, shareholder(s) and agents, in accordance with the banking legislation of the Republic of Kazakhstan and the acts of the AIFC:
• to the shareholders of the Company, as well as subsidiaries of shareholders of the Company, auditors, legal consultants and other professional consultants of the Company;
• to third parties in connection with the assignment or transfer (including prospective) of the Company's rights and obligations under the Agreement to a third party;
• to any government agency of a foreign state that is authorized to supervise and regulate the activities of the Company and its shareholder(s), in order to ensure that the Company and its shareholder(s) comply with the requirements of applicable legislation and regulations.
• All amendments and additions to this Agreement shall be executed in the same form as the Agreement. The Agreement may be amended depending on changes in the legislation of the Republic of Kazakhstan and/or the AIFC rules or at the discretion of the Company unilaterally in accordance with the procedure provided for in this Agreement. The Company has the right to notify the Client of particularly significant changes using the contact information that the Client has provided to the Company. Any amendments and additions to the Agreement executed by the Company shall come into force from the date of their posting or updating on the Company's website
• https://tayyab.kz/ or in the Tayyab Digital App mobile application, for the purpose of familiarization by all concerned persons, unless otherwise provided for in the new version of the Agreement. Unilateral termination of the Agreement is not allowed, except for cases provided for in the Agreement, acts of the AIFC or the legislation of the Republic of Kazakhstan. Early termination of the Agreement is possible only after full fulfillment of the Client's obligations to the Company under the Agreement.
• The Agreement shall be directly applicable to all relations arising in connection with the conclusion and execution of the Agreement.
• All notifications, demands and other documents within the terms of the Agreement shall be deemed to have been duly sent and received by the Parties provided that they are delivered to the authorized representative of the addressee Party (with a delivery note) or sent by mail to the address of the Parties specified in the Agreement. The date of receipt of the notification, demand and other documents by the Client shall be deemed to be the date specified in the delivery note.
• In the absence of a message about a change in the address and/or contact number of the Client specified in the Application, all notifications, demands and other documents within the terms of the Agreement shall be sent to the last address and/or contact number of the Client known to the Company and shall be considered to have been delivered properly. The Parties have mutually agreed that notifications, demands and other documents sent by e-mail or fax shall be accepted by the Parties as duly executed documents. In this case, the date of delivery shall be considered to be the date of sending the document by e-mail or fax.
• In all other respects that are not expressly provided for by this Agreement, the Parties shall be regulated by the acts of the AIFC, as well as the laws and principles of Sharia, to the extent that they do not contradict the acts of the AIFC and the laws and principles of the legislation of the Republic of Kazakhstan.
• By signing the Application, the Client agrees to the disclosure of confidential information by the Company, including information constituting a banking secret, as well as personal data:
• to persons auditing the Company's activities, on the basis of and in accordance with the law of the AIFC and/or the legislation of the Republic of Kazakhstan;
• to individuals and legal entities, as well as government agencies in accordance with the Acting law of the AIFC and/or the legislation of the Republic of Kazakhstan;
• under the AIFC law and/or the legislation of the Republic of Kazakhstan on combating the legalization (laundering) of proceeds from crime and the financing of terrorism.
• In order to ensure conditions for the Company to comply with the requirements of the AIFC Acting law and/or the legislation of the Republic of Kazakhstan on combating the legalization (laundering) of proceeds from crime and the financing of terrorism, the Client agrees that the Company may take any measures and actions not prohibited by the AIFC Acting law and/or the legislation of the Republic of Kazakhstan to obtain, verify/re-verify any type of data provided to the Company for the purpose of conducting transactions.
• In accordance with the AIFC regulations, the Company may be required to notify the Astana Financial Services Authority or other authorities about any person it knows or suspects, or has reasonable grounds to know or suspect, is engaged in money laundering or terrorist financing. These obligations supersede any confidentiality obligations the Company might otherwise have to the Client.
• The Company has the right to terminate all or any part of the service or the terms of this Agreement immediately and without prior notification if the Client refuses to provide the documents and information requested by the Company to fulfill its obligations regarding client due diligence, anti-money laundering, countering the financing of terrorism, sanctions and tax evasion.
• The Client shall not directly or indirectly use the funds provided under the Agreement for any purposes that violate any laws relating to the fight against bribery and corruption, combating money laundering, combating the financing of terrorism and sanctions in the Republic of Kazakhstan.
• By signing the Application, the Client:
• confirms that it has read the terms and conditions of the Agreement, that it understands and accepts the terms and conditions of the Agreement and it will have no claims against the Company in the future in relation to them;
• confirms that it has been familiarized with the consequences, responsibilities and risks arising on the basis of the Agreement, in the event of failure to comply with the terms and conditions of the Agreement and/or the Acting law of the AIFC and/or the legislation of the Republic of Kazakhstan;
• confirms that the Company has the right to report to law enforcement agencies and the authorized body any violations of the Acting law of the AIFC and/or the legislation of the Republic of Kazakhstan committed by the Client;
• confirms that it is aware of its right to contact the Company, an authorized body or arbitration, in the event of a dispute related to the concluded Agreement, and that it has been informed of the location address, postal address and email, website address of the Company;
• confirms that the operations/transactions carried out by it, the products/services of the Company used by it are not connected and/or will not be connected in the future with:
• the use for the purposes of committing or assisting in the legalization (laundering) of proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction and other assistance to terrorism or extremism, evasion of procedures/measures stipulated by the requirements of the effective law of the AIFC legislation of the Republic of Kazakhstan;
• the execution of operations/transactions aimed at circumventing and/or failing to comply with the requirements stipulated by the Acting law of the AIFC and the legislation of the Republic of Kazakhstan, including in the field of anti-money laundering, countering the financing of terrorism, international economic sanctions of the USA, the European Union, the UN, the UK and/or this Agreement and fully assumes the obligation to comply with them.
• By signing the Agreement, the Client provides unconditional consent to the collection, processing, storage and transfer of any data and information contained in the Client's personal data: to employees/representatives / authorized persons and bodies of the Company, including collegial bodies, mobile communication/mail service providers; third parties providing support and servicing the Company's software; authorized persons/bodies in accordance with the Acting law of the AIFC and/or the legislation of the Republic of Kazakhstan. The above consent is given for any action (operation) or set of actions (operations) with personal data with/without the use of automation tools, including, but not limited to: collection, recording, copying, backup, protection, control, systematization, accumulation, storage, clarification (updating, modification), extraction, use, transfer (distribution, disposal, access, including transfer to third parties with the right to process personal data of investors by automated, mechanical, manual or any other methods, including reproduction, electronic copying and cross-border transfer), as well as depersonalization, blocking, deletion, destruction of personal data of the Client.
• Correction of personal data: The Client has the right to request a copy of any personal data that the Company holds about it. If the personal data is actually inaccurate, incomplete or outdated, or is processed in a manner that violates legal provisions, that person may request that such data be corrected, supplemented, deleted or blocked.
• Consent to disclosure: By entering into this Agreement, the Client, acting freely, of its own free will, having all due rights and powers to do so, provides, on an indefinite basis, its unconditional, specific, informed and conscious consent to both the collection, processing and storage, and the cross-border transfer of his personal data and the personal data of his affiliates.
• Record Retention: Client understands and agrees that Company may retain all records relating to this Agreement and the relationship with Client for at least six years after termination of the relationship with Client.
• The above consent may be revoked by the Client by means of a written application to the Company, except in cases where it contradicts the Acting law of the AIFC and/or the legislation of the Republic of Kazakhstan or in the event of any unfulfilled obligations to the Company.
• By signing the Agreement and in order to ensure that the Company complies with the requirements of the AIFC Acting law and/or the legislation of the Republic of Kazakhstan on combating the legalization (laundering) of proceeds from crime and the financing of terrorism, the requirements of international/intergovernmental agreements, as well as the requirements of FATCA, the Client provides the Company the right to take measures and actions not prohibited by the AIFC Acting law and/or the legislation of the Republic of Kazakhstan to receive, verify/re-verify any type of data provided to the Company for the purpose of conducting transactions, as well as to provide information on the concluded Agreement, the transactions conducted by the Client, to the authorized body and other competent bodies, on the grounds and within the limits established by the AIFC Acting law and/or the legislation of the Republic of Kazakhstan and the Agreement.
• The Company's regulatory status, as well as the final list of financial services that the Company may provide to its clients, which may change from time to time, can be verified in the public register of the Astana Financial Services Authority at:
• https://publicreg.myafsa.com/roc/.
• The Сompany is an Islamic financial institution, and its activities are carried out in accordance with the principles/norms of Sharia and under the supervision of the Sharia Supervisory Board, the composition of which is posted on the official website of the Сompany
• https://tayyab.kz/. The client has the right to obtain information about the manner and frequency of Sharia supervisory reviews by submitting a request through the official contacts specified in this Agreement.
• When providing services, the Company organizes transactions in such a way as to avoid conflicts of interest between clients, between the Client and the Company.
• The Company guarantees fair treatment of the Client: The Company undertakes to treat the Client fairly with respect to conflicts of interest or material interests. To the extent possible, the Company will attempt to prevent or manage conflicts of interest, including, for example, by establishing or maintaining effective information barriers to limit the transfer of relevant information. In the event that the measures taken by the Company to prevent or manage conflicts of interest are insufficient to provide with reasonable certainty that the risks of damage to the Client's interests will be prevented, the Company undertakes to disclose the general nature and/or sources of the conflicts of interest to the Client and require the Client to consent to the Company acting despite such conflict or material interest. The Company also has the right to refuse to act if it considers that there is no other feasible way to treat the Client and other clients of the Company fairly.
• Inducements: The Company hereby warrants that neither it nor its employees or affiliates of the Company have the right to offer, provide, request or accept incentives, such as commissions not specified in the terms of the Agreement, gifts or direct or indirect benefits, if such inducements are reasonably likely to conflict with any of the Company's obligations to the Client.
• This Agreement is executed in English, Russian and Kazakh, which have equal legal force. In case of discrepancies in the texts, the text of this Agreement executed in Russian shall prevail.

Company details:
Private Company Tayyab Finance Ltd., BIN 211140900393, license issued by the Astana Financial Services Authority No. AFSA-A-LA-2024-0012 dated 29.05.2024, legal address: Astana city, Mangilik el Avenue, building 55/23, office 233, bank account KZ1782112U7L10000001, JSC ""Bank ""Bank RBK"", BIC: KINCKZKA.