First: Conditions

Type of Service Repayment Period Maximum Financing Amount
Education and Tuition Fees Up to 5 years 750,000 EGP
Club Memberships Up to 7 years 1,000,000 EGP
Travel and Tourism Services Up to 5 years 750,000 EGP
Maintenance Services Up to 1 years 100,000 EGP

Maintenance Requirement:

  • Maintenance services require at least 10% of the total financing.

Advantages:

  • Financing under the Ijara service system in accordance with Islamic Sharia law.
  • Financing up to 90% of the service cost.
  • Client must be at least 21 years old.
  • Minimum client income of 3,000 EGP.
  • Competitive return rates.

Second: Required Documents

1. Identification and Proof of Residence:

  • Valid national ID card.
  • Recent utility bill for the place of residence.

2. Income Proof:

  • Certified monthly salary statement from the employer.
  • For business owners and freelancers: a certified statement from a public accountant detailing annual revenues and net income.

3. Bank Statement:

  • Six-month bank statement (if available).

4. Service Quotation:

  • Quotation for the desired service from the service provider.
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