A Sharia’h compliant financing solution that is designed to provide you with liquid assets as per your needs.

There are two main stages of Personal Finance:

• Murabaha Stage: The bank and the customer enter into a commodity Murabaha contract that is governed by the Murabaha rules of the Internal Shariah Supervisory Committee. The customer will own either physically or constructively the assets subject of the Murabaha finance contract.
• Asset liquidation stage: Customers can choose either to sell/liquidate the commodity directly in the market on his own or through an agency agreement through the bank.

How does it work?

Personal Finance is allowed for those transactions that cannot be fulfilled through other Islamic Banking means/structures, such as:

• Transferring obligations from a conventional debt structure to Islamic Banking Structure.
• Working capital finance (Salaries, A/R settlement, adhoc cash shortages).
• Financing intangible personal necessities: like Travel (for legitimate purposes),  Medication & Education
• House / Real Estate maintenance cost
• Bridging short term financing, followed by long term financing using other Islamic Banking Structures (Ijarah, Murabaha, Istisna).

What do we offer?

Competitive profit rates that are flexible throughout the period of Financing convenient eligibility and affordable payment structure.

Where can I get it ?

All you need to do is visit any of our conveniently located branches or call our customer service helpline 800474.

Where can I get it?

All you need to do is visit any of our conveniently located branches or call our customer service helpline 800 474.