Term Finance
Term Finance is based on the concepts of Diminishing Musharakah or Ijarah. The transaction starts with the formation of a partnership and joint asset ownership between Maisarah and the customer. After payment of all obligations, full ownership is transferred to the customer.
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Suitable for the purchase of fixed assets (ready properties, construction, take-over finances from other banks) both locally and internationally.
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Medium to Long Term tenure options are available with fixed/ variable rates.
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Rescheduling of price option.