Ijara Agreement (IA)
Name
Ijara Agreement (IA)
Location
Rural and Urban
Gender
Male and Female who have businesses
Purpose
IA a Shariah-Financing which is used to purchase assets (Car, Machine…etc) that generates income, and the asset is leased to the customer while the ownership remains with SKM until the Ijara amount and cost is completely repaid
Target Businesses
All types of assets that is used for Business with RIGA (Regular-Income-Generating-Activities) or SIGA (Seasonal-Income-Generating-Activities)
Documents Required
eNID(eTazkira) and Business license/Municipality and purchasing documents (Bills) and Ownership document of the asset under leasing/Ijara
Age
14-65 (Where 14-18 for light business and have ownership)
Group Members
1
Financing Amount in AFN & duration
10,000-500,000 for 6-24 months
Collateral (Title Deed and Guarantor)
Financial guarantor (Business), Family guarantor and Titel deed and Asset Ownership Document OR Gold-Deposit-Guarantee
How to Apply
For more information please call our Customer Service Centre by dialing +93766505022 or visiting any of our branches.