JAIZ Service Lease

The Jaiz service lease is designed to Augments Company’s working capital to pay for salaries, professional services, labor and travels under Ijarah Service. Under Ijara Service the bank will purchase/lease the asset from the service provider and enter into lease agreement with the customer in consideration for (Lease Rental)

Features

  • Provide customers with short term financing to bridge cash flow shortfall
  • Fixed rental

Benefits

  • Enable the Customer to plan their cashflow since payment is fixed throughout the financing period;
  • Flexible payment period
  • No facility and Management fees
  • Flexible collateral
  • No hidden charges
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