It helps SMEs own vehicles, selected goods, equipment&rsquos, and other. through AlYusr in easy installments.

Most Notable sectors:

• Education.
• Health.
• Agriculture.
• Manufacturing.
• Service.
• Communication and technology.
• Arts and entertainment.
• Car Leasing.
• Catering and food
• Transportation and storage.

General Conditions:

• ِActivity age 3 years or more.
• Fiancing tenure of up three years.

Required Documents:

• Official letter from customer explaining the purpose of the facility and how it will pay back.
• Company Profile.
• Completed and signed application.
• Commercial Registration ( Main and Branches).
• National identity of owners and partners.
• VAT Certificate.
• NETAKAT (Last Update).
• Company article of association and partners decisions.
• Zakat Certificate.
• GOSI Certificate.
• commercial activity license.
• National Address.
• Audited financial statements for the last three years.
• Statement of account for the full year 2021(stamped by the bank).
• Details of: Suppliers, Clients, Payables, Receivables, Inventory, Revenues, and Cash Flow for 2021.
• Related contracts (operating, rents, property, contract details).
• Company bank account (IBAN).
• In some exceptional cases, there are additional requirements.

Calculated Examples:

*The above table is for example only , and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer

Product	APR	Administrative fees	Min or Max Adminstrative fees
Murbaha	25% - 35%	1%	Min 1%

Last update on 01-03-2023

* Terms and conditions apply.