Ijarah Financing
SMEs and Corporate businesses are able now to meet their asset-based needs through FMFB-A’s Ijara financing. The Shari’ah-compliant Ijara financing is used as a mode of financing to provide short to medium-term financing to lease such items which include: motor vehicles, plants, real estate, buildings, equipment, machinery, computers, etc.
Features and Benefits
- 100 per cent Shari’ah-compliant financing
- Attractive profit rate
- Available in both AFN and USD
- SMEs Tenor: From 6 months to 3 years of financing
- Corporate Tenor: From 6 months to 5 years of financing
- SMEs Financing Limits: AFN 500,001 to AFN 15,000,000 or equivalent in USD
- Corporate Financing Limits: AFN 15,000,001 to AFN 300,000,000 or equivalent in USD
- Seasonal repayment option for agricultural finance
- Bank statement once a year
- Fully transparent transaction with no additional charges
- No hidden costs
Security Requirements
- The original title deed of a property plus guarantor/stock
- Registered/equitable mortgage of property
- Hypothecation charge on entire present & future current assets of the business
- Personal/financial guarantees
How to Apply
For more information please call our Customer Service Centre by dialing 599 or visiting any of our branches.