It is a consumer financing product that provides your purchases of durable consumer goods, educational expenses etc.
It allows you not to postpone your individual needs and not to experience cash problems.
It is an Islamic-compliant financing option that allows individuals to cover personal needs such as education, healthcare, or essential purchases through interest-free monthly installments.
You can apply for up to $10,000 or the equivalent amount in Iraqi dinars (IQD).
The repayment period can be up to 36 months (3 years), depending on your financial capacity.
No, a down payment is not mandatory for personal finance applications.
Yes, you must present a valid invoice that explains the use of the funds (e.g., tuition fees, medical bills, or product purchases).
Yes, a guarantor is required for all personal finance applications, subject to credit assessment.
You will need to provide:
• Valid ID of the applicant and guarantor
• Mukhtar endorsement
• Proof of income
• A valid invoice or statement indicating the intended use of fund
Yes, early repayment is allowed. In some cases, you may receive a discount for early settlement.
No. Our financing model is fully transparent and Shariah-compliant, with no hidden costs.
Yes, you can choose to apply and repay in either currency
You can apply through our website, visit our offices, or contact our sales team for support.
If both the applicant and the guarantor submit all required documents, the approval process is usually completed within 1–2 business days.
If you miss a payment, our customer representatives will contact you to discuss suitable solutions. In cases of delays exceeding 90 days, legal procedures may be initiated if necessary.
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