Enjoy your assets the Shari’ah way
Benefits
- Can acquire assets for future use at today's cost
- Reduces pressure on working capital
- Repayments can be structured to meet cash flows
- Obsolescene - business can easily acquire new assets e.g. if the technology changes.
Requirements
Business Customers
- Six months statements for non-customers
- National ID or Passport of the directors/sole trader/partners
- Pin certificate of the directors/sole trader/partners
- Certificate of registration (sole trader/partnership)
- Certificate of incorporation (limited company)
- Memos and articles of association (limited company)
- Pin certificate of the company
- Resolution to borrow (limited company)
- Business permitSale Agreement/pro-forma invoice
- Copy of log book and valuation report for used vehicles
- Latest 3 years audited accounts (for loans above Kes 15 million)
Personal Customers
- National ID or Passport
- Pin certificate
- Payslips – latest three months
- Letter from employer confirming terms of employment
- Six months statements for non-customers
- Sale Agreement/pro-forma invoice
- Copy of log book and valuation report for used vehicles
Need more help?
Call:
Tel: +254 (20) 3900000
Cell: +254 (722) 130120
Cell: +254 (732) 130120
Email: