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Personal Financing

Overview

A Shariah Compliant Financing for acquiring assets/items for personal use by purchasing the assets/items required by customer from agreed suppliers and sell the same to customer on profit using Murabaha Contract.

 Underlying Contract is Murabaha.

 Assets/items must Shariah Compliant.

 Finance of movable or immovable Asset/item

 Finance for both, Salary Based Government related entities, and Private entities.

 Tenor: up to seven years for government employees and up to five years for private entities employees.

 Maximum grace period: 2 months

 Offered to Salaried individuals

 Shariah Compliant Financing.

 Fulfil your needs or dreams.

 Existence of registered business for not less than a year

 Supportive cashflow

 Adequate security coverage.

 Open Account and pass the Salary through CRDB Al Barakah Banking.

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