Faysal Islami Personal Finance
Type
- Personal Finance
Payment Structure
- Flexible installments, depending on the loan amount and tenure
Eligibilty
- Salaried individuals, self-employed professionals, with a stable income
Compliance
- Shariah-compliant (based on Tawarruq)
Faysal Takmeel
Type
- Personal Finance
Payment Structure
- Installments with flexible repayment options
Eligibilty
- Individuals with stable financial status
Compliance
- Shariah-compliant (based on Islamic principles)
Faysal Islamic Personal Finance Conversion
Type
- Personal Finance
Payment Structure
- Flexible monthly payments based on individual needs
Eligibilty
- Existing personal finance customers
Compliance
- Shariah-compliant (based on Islamic principles)
Faysal Secured Islamic Personal Finance
Type
- Secured Personal Finance
Payment Structure
- Monthly installments based on loan terms
Eligibilty
- Applicants with assets to secure the loan (e.g., property)
Compliance
- Shariah-compliant (based on Murabaha)
Faysal Home Finance
Type
- Home Finance
Payment Structure
- Monthly installments over a fixed period
Eligibilty
- Individuals looking to finance residential property
Compliance
- Shariah-compliant (based on Musharakah and Ijarah)
Faysal Auto Finance
Type
- Auto Finance
Payment Structure
- Flexible monthly payments, based on the loan amount and car type
Eligibilty
- Individuals wishing to finance a car
Compliance
- Shariah-compliant (based on Murabaha)
Faysal Murabaha
Type
- Business Financing
Payment Structure
- Structured payments, based on the Murabaha contract
Eligibilty
- Businesses with sound financial records
Compliance
- Shariah-compliant (Murabaha contract)
Faysal Istisna
Type
- Business Financing
Payment Structure
- Payments made upon completion of the project or goods
Eligibilty
- Businesses with projects requiring financing
Compliance
- Shariah-compliant (Istisna contract)
Faysal Diminishing Musharakah
Type
- Business Financing
Payment Structure
- Gradual buyout structure with installment payments
Eligibilty
- Businesses with a tangible asset to secure the financing
Compliance
- Shariah-compliant (Musharakah contract)
Faysal Running Musharakah
Type
- Business Financing
Payment Structure
- Payments based on revenue generation, with variable rates
Eligibilty
- Businesses with fluctuating revenue streams
Compliance
- Shariah-compliant (Musharakah contract)
Faysal Ijarah
Type
- Business Financing
Payment Structure
- Fixed periodic payments based on usage of the asset
Eligibilty
- Businesses needing to lease assets
Compliance
- Shariah-compliant (Ijarah contract)