Financing options

Four ways to finance your business

Murabaha, Ijara, Musharaka and Qard Hasan are each built for a different need. Here is how they work, and how to choose.

Murabaha

Buy stock and assets, pay over time

Murabaha is a cost-plus sale. Instead of lending you money, we buy what you need and sell it to you at a price that includes our profit. You know the full price from the start, and it never increases.

Good for

  • Restocking shops and warehouses
  • Raw materials for production
  • Equipment, furniture and fit-out
  • Seasonal stock ahead of busy periods

How it works

  1. You choosePick the goods or asset and the supplier. Get a quote or proforma invoice.
  2. We buy itBulaal purchases the goods and takes ownership (and the risk) before selling to you.
  3. You pay in instalmentsWe sell it to you at cost plus an agreed profit, paid over an agreed schedule.

Apply for Murabaha

Ijara

Use the equipment now, own it later

Ijara is a lease. We buy the asset and rent it to you for a fixed period and fixed rental. Because we own it during the lease, your payments can be lower than buying outright, and at the end ownership can transfer to you.

Good for

  • Trucks, vans and delivery fleets
  • Production machinery
  • Generators and solar power systems
  • Medical, IT and office equipment

How it works

  1. You chooseSelect the vehicle, machine or system you need.
  2. We buy and lease itBulaal owns the asset and leases it to you for an agreed rental and term.
  3. Ownership transfersAt the end of the lease, ownership passes to you through a separate sale or gift, as agreed up front.

Apply for Ijara

Musharaka

A partner for your growth

Musharaka is a partnership. We put capital into your project alongside you and share in its results. With diminishing Musharaka, you gradually buy our share until you own 100%.

Good for

  • Opening a new branch or outlet
  • Buying premises or property
  • Larger expansion projects
  • Joint ventures with a clear plan

How it works

  1. Agree the partnershipWe agree the project, each side’s capital and the profit-sharing ratio.
  2. Share the resultsProfit is shared by the agreed ratio. Any loss is shared in proportion to capital.
  3. Buy us outIn diminishing Musharaka, you buy our units over time until the business or asset is yours.

Apply for Musharaka

Qard Hasan

A benevolent loan, nothing more to repay

Qard Hasan is an interest-free loan for welfare or a specific short-term need. You repay exactly the amount you borrowed. There is no profit and no markup.

Good for

  • A genuine, short-term need
  • Bridging a temporary difficulty

How it works

  1. Tell us your needExplain what the money is for and how you plan to repay it.
  2. We agree a planWe agree the amount and a repayment schedule that is realistic for you.
  3. You repay the same amountYou pay back exactly what you received, nothing more.

Ask about Qard Hasan

Compare

Side by side

Four structures, compared at a glance.

FeatureMurabahaIjaraMusharakaQard Hasan
Best forStock, materials, assets to ownVehicles and equipmentExpansion and larger projectsA genuine short-term need
How it worksWe buy, then sell to you at cost + profitWe buy, then lease to youWe invest alongside youWe lend, with no profit
Who owns the assetYou, from the saleBulaal, until the end of the leaseShared, then yours as you buy unitsNo asset involved
What you payFixed price in instalmentsFixed rentalShare of profit + purchase of unitsExactly the amount borrowed
At the endFully paid, fully yoursOwnership can transfer to youYou own 100% (diminishing)Nothing more is owed
Before you apply

Who can apply, and what to bring

Not sure you qualify? Apply anyway or talk to us. There is no cost to ask.

Who can apply

  • A registered small or medium business
  • A clear purpose: the stock, asset or project to finance
  • Sales records or bank statements that show your cash flow

Documents you will usually need

  • Business registration or trade licence
  • ID for each owner or director
  • Recent bank statements or sales records
  • Supplier quote or proforma invoice for the asset
  • Business plan or projections (for Musharaka)

Ready to grow your business?

Apply online in a few minutes, or talk to our team first. There is no obligation and no cost to apply.

Apply for financing Talk to us

We reply by email or phone, whichever you prefer.

  • No interest, ever
  • Sharia-compliant
  • Four ways to finance
  • Free to apply