Islamic Murabaha

Murabaha is an Islamic financing structure that works as a contract of sale at the original price plus an agreed profit margin.

Segments:

    • Microfinance*: up to EGP 266,000
    • Very Small Business*: up to EGP 2,000,000
    • SMEs*: up to EGP 20,000,000

Product Details:

  • Tenor (Maturity): from 6 months up to 60 months. (based on Client Segment).
  • Purpose of the loan: Purchasing Fixed assets and Goods.
  • Disbursement method: cash, or money transfer to suppliers.
  • Guarantor/s: applied (based on Client Segment and Murabaha Amount).

Conditions:

  • Business experience: not less than 12 months.
  • Client’s age: from 21 up to 70 years’ old. (based on Client Segment and Murabaha Amount).
  • Business type: Trade, Manufacturing, Services and Industrial.

Documents:

  • A valid national ID for the customer and guarantors.
  • Ownership or rental contract for housing or utility bill.
  • Ownership or rental contract for the business activity.
  • Copy of the commercial register and tax card or operating licenses (based on type of activity).
  • Business photos.
  • Other documents based on Client Segment.

How to Apply:

  • Website
  • Hotline
  • Fawry MSME Official Social Media Accounts
  • Mobile Application (تمويلك فوري)

* T&C of each segment are applied.