Features

  • Based on the principle of Bai' Bithaman Ajil (deferred payment sale)
  • Fixed financing cost throughout tenure of financing
  • Third party financing is allowed

Scope

  • For working capital requirements
  • For personal consumption
  • For purchase of assets

Who can apply

  • Muslim and non-Muslim individuals or joint account holders
  • Companies incorporated under the Companies Act
 

Next steps

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