This product is tailored to corporate and high net worth individuals (HNI) that need high returns with commensurate risk on their investment. Under Wakalah, the Bank will collect deposits from its customers and invest in a specific business venture to be agreed with the customer. The Bank however acts as an agent to invest the depositor’s funds in an ethical manner. The Bank will indicate the expected profit rate to the customer over the agreed period for the investment.
Features
For further enquiries on any of our products and services kindly contact us on 07080635500, 07080635555 or email us:
Working Capital Financing (Murabaha)
This is a convenient way of financing the working capital requirement of businesses. This product is used to finance the purchase of inventory...
Project Financing/ Construction (Istisna')
Under this contract, the Customer will request and the Bank will agree to construct and to sell the project to be constructed at the Bank's selling...
Lease to Own Finance (Ijara wa Iqtina)
This is a banking facility based on the contract of Ijarah wa Iqtina which allows you to hire and subsequently purchase assets from the Bank...
Jaiz Ijara Service Corporate
The Jaiz Ijara service is designed to augments the company’s working capital to pay for salaries, professional services, labor and travels. Under Ijara Service the bank...
