• Amãna Bank PLC Vehicle Financing - Main Visual

    WHAT IF THE VEHICLE YOU RENT CAN BECOME YOUR OWN?

VEHICLE FINANCING

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What is Vehicle Financing

Amãna Bank has a unique concept for vehicle financing, which is based on the principles of Ijara. According to Ijara principles, the Bank will buy the vehicle you need and rent it to you so that you could enjoy the full usage of it. At the end of the agreed rental period we will gift the vehicle back to you so that you could enjoy the full ownership of it.

The vehicle you rent will become your own with our vehicle financing solution.

Features & Benefits

  • Competitive pricing.
  • Financing up to 7 years*.
  • Approval within 3-24 hours.
  • No late payment charges.
  • No hidden charges throughout the facility.
  • Can apply jointly with spouse.

Documents Required

  • National Identity Card
  • Income proof documents
  • Copy of a latest utility bill
  • Vehicle valuation and CR copy if the vehicle is registered
  • Original invoice from the supplier
  • Completed application form

Watch how people friendly Vehicle Financing works

How People Friendly Vehicle Financing Works

This video focuses on how vehicle financing works in an Islamic Bank and how it differs to commercial leasing of conventional banks.

Vehicle Financing Calculator

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Down Payment

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This is an indicative rate and subject to changes.

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*Terms & Conditions Apply.

Down Payment Break Down:

  • Stamp Duty (1%) = (Monthly Rental x Finance Period x 1%)
  • First Month Rental = Monthly Rental Amount

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