SHARIA BANKING

ISLAMIC LOAN FOR BUSINESS

ISLAMIC BUSINESS LOAN

An Islamic loan for business is defined by a loan facility which is available with an Islamic financial institution or Islamic lender to assist an Islamic entrepreneur to obtain access to halal funds to respond to financial obligations of his business.

An Islamic business loan aims mainly to supporting small and medium enterprises (SME) with Sharia compliant financial products and services applying the strict rules of Islamic Finance.

An Islamic loan for business helps Muslim business people when facing cash flow issues due to unsold inventory, or because funds are needed for working capital or simply or to invest in an expansion opportunity for the business.

A halal business loan is widely provided by a large number of Islamic banks but also Islamic loran lenders who propose capital expenditure through a term loan and working capital through cash credit.