Hire Purchase-i (Auto Aitab), a facility for motor vehicle financing based on Shariah principles under the Al-Ijarah Thumma Al-Bai’ contract. The scheme allows the customer to own a motor vehicle with fixed charges on his financing.

Features

* subject to complete documents and no adverse credit records.

Benefits
Types of Vehicles
Cars, Vans, 4WD and MPV.
Used vehicle must be not more than 10 years old.


Repayment Period
As the financing scheme based is on Shariah Principles, customer monthly instalment is fixed. He will only pay the same amount of repayment every month until the end of the repayment period.

Financing Amount
Financing is up to 90% (new vehicles) and 85% (used vehicles).

How to Apply

• Invoice Copy
• Payslips for the last 3 months and/or bank statement if he is self-employed.
• Copy of Taskara
• Employment Letter
• Other relevant documents