Ijarah

All our financing products are designed to comply with Shari'ah requirements while providing the functionality of conventional lending products. Islamic leasing, known as Ijarah is an alternate to the conventional concept of leasing. It is an agreement, under which a certain asset is leased to you for an agreed rental for the usage of the asset.  In this regard, Al-Falaah will take away your burden of capital expenditure by purchasing the asset of your choice, comprehensively insuring it while you use it over the lease period.

Although the ownership of the asset remains with Al-Falaah, the asset will be in your possession while you enjoy the benefits of our lease. At the end of the agreed rental period, where your obligations towards Al-Falaah is complete, we will gift the asset to you so you can enjoy the full ownership of it. 

Features at a glance : 

  • Competitive rentals 
  • Up to 100% of the value of the asset can be financed 
  • Service is most suited for unregistered and brand-new vehicles as well as plant, equipment and machinery

 

 


CONTACT
General Enquiries:
Phone : +94 11 588 0880
Fax : +94 11 286 5606
Email : lofin@lankaorix.com
Address : 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, Sri Lanka.