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Ijara (Rent-to-own) Financing 

Ijara Financing is a Shariah-compliant financing option that allows users to lease assets for a specified period, with the option to own the asset at the end of the lease term.

Key Features:

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  • Financing options that align with Islamic values.

  • Choose from various lease options and asset types.

  • Up to 24 months lease term.

  • No interest or hidden fees.

 

Target Audience:

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  • Individuals seeking Shariah-compliant financing options.

  • Businesses looking for flexible asset financing.

  • Existing Moniepal customers interested in Islamic financing solutions.

  • Users who value flexibility and Shariah compliance in financing.

 

Eligibility:

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  • Existing or potential MoniePal users

  • Valid means of identification

  • Proof of business or employment

  • Proof of address

  • 12 months bank statement.

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