SIRAT Ijarah

SIRAT Ijarah is a Shariah-compliant alternative to Conventional vehicle and machinery leasing. In this ‘rent’ arrangement, customers are required to pay a monthly rent for the use of the subject vehicle. During this arrangement, the ownership of the vehicle remains with the Bank; only the rights of use are transferred to the Customer.

At the end of the Ijarah Agreement, customer is given a choice to either return the vehicle/machinery to the Bank and receive the security deposit paid at the start of the arrangement, or purchase the vehicle/machinery at a price as low as the security deposit.

How To Apply

To apply or get more details, visit your nearest HABIBMETRO Bank or SIRAT branch or call our 24/7 customer care center at 111 1-HABIB (42242).