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Goods, Commodities and Equipment

Goods, commodities and Equipment

Because your personal and business needs deserve flexible, Shariah-compliant financing solutions, our Goods, Commodities, and Equipment Financing product offers options that meet your aspirations with confidence and peace of mind.

Features

  • Fully Shariah-compliant financing.
  • Financing up to (100%) of the asset’s value.
  • Financing up to JOD (5,000).
  • Flexible repayment periods of up to 4 years.
  • Grace period of up to 3 months.
  • Takaful (Islamic insurance) coverage in case of death or total/partial disability.
  • Option to consider multiple income sources. 
  • Ability to grant Jordanians, non-resident Jordanians, Non-Jordanian residents in Jordan, professionals and businesses.
  • Competitive Murabaha rates.
  • Fast procedures.

Requirements Documents

  • Valid National ID for Jordanians. 
  • Valid passport for non-Jordanians, along with a certified residency permit or employment contract.
  • Professional practice license.
  • Commercial registration and business license for freelancers and companies.
  • Proof of income and bank statement for the last 6 months.
  • Price quotation for the asset.

*The company reserves the right to request any additional documents if needed.

Terms & Conditions:

  • Applicant age must be between 22 and 70 years, and not exceed 65 years at the time of approval.
  • Minimum monthly income must not be less than JOD (300) for the public sector and JOD (350) for the private sector.
  • Minimum employment period at the current workplace must be at least 3 months.
  • For expatriates, professionals, freelancers, and companies, the minimum period of service or operation must be at least (1) year.

*Subject to the product’s terms and conditions.

Goods, commodities and Equipment