Empowering businesses with Shari’ah-compliant growth

U Bank Islamic Banking brings Tawfeeq Financing, a Shari’ah-compliant solution based on the Islamic mode of Diminishing Musharakah. Designed to strengthen established businesses, this facility is an ideal solution for the funds required to meet your business’s liquidity needs and ensure smooth cash flow management against your pre-owned vehicle. It is exclusively tailored for established small and medium-scale businesses looking to grow or enhance their operations.

Empower your Earnings, Banking with Shari’ah Principles!

U Bank Islamic Banking is offering Shari’ah-compliant financing facility for salaried individuals and pensioners. With the Enaya Murabaha Financing facility, assets and commodities can easily be purchased to help establish or expand a business to generate additional sources of income.

The financing facility can be utilized by the individual to procure supplies that will help enhance or set up a business for them, such as for the purchase of livestock, motorbikes for business mobility, raw materials, electric appliances, machines, solar panels or batteries, generators, etc.

U Bank Islamic Banking offers a Shari’ah-compliant financing facility based on Murabaha – Trade base Islamic mode of finance for small and medium-sized entrepreneurs or Salaried individuals to help them meet their business financial needs against a collateral of gold, property, vehicle, lien on savings, TDR or transfer of Salary in U Bank. By availing the Apna Karobar financing facility, retailers, medium-sized firms, and school owners can expand their existing businesses by purchasing assets, including various commodities, livestock, bikes, solar panels and batteries, three wheeler loader or rickshaw, raw material, etc. and necessary business equipment.

Your business, your tranquility!

U Bank Islamic Banking offers a Shari’ah-compliant individual financing facility based on Murabaha – Trade base Islamic mode of financing against personal guarantee for micro-entrepreneurs. Through the Apna Karobar Murabaha Financing facility, business owners can easily finance their working capital requirements (except cash), or purchase required assets, including various commodities, livestock, bikes, solar panels and batteries, three wheeler loader or rickshaw, etc. for the expansion of their business.

For all your agricultural needs!

U Bank Islamic Banking offers Shari’ah-compliant financing facility based on Salam – Trade base Islamic mode of finance for individuals. Asaan Kashtkaar Premium Salam Financing can be availed against a collateral of Agri Passbook and Agri Land, gold, property, business, vehicle, lien on savings, or TDR, to meet agricultural requirements, such as purchasing fertilizers, seeds, pesticides, tube wells, solar panels and batteries, and agriculture-related machinery & equipment. This is based on the concept of the sale of fungible goods and commodities by the customer, with deferred delivery of goods to the bank against an immediate full payment in advance.

High-end harvesting with ease!

U Bank Islamic Banking offers Shari’ah-compliant financing facility based on Salam – Trade base Islamic mode of finance for individuals. The Asaan Kashtkaar Salam Financing is extended to help the agricultural sector and farmers meet their working capital requirements, such as for tube wells, solar panels and batteries, and other agriculture-related needs. This is based on the concept of the sale of fungible goods and commodities by the customer, with deferred delivery of goods to the bank against an immediate full payment in advance.

Seeding Growth with Tractor Finance!

U Bank Islamic Banking offers a Shari’ah-compliant new and old or used tractor financing facility for farmers based on Diminishing Musharakah Financing. U Bank Tractor Financing facilitates farmers in fulfilling their agricultural needs, such as crop cultivation and transportation of agricultural commodities and finished goods. This financing facility offers both medium and long-term financing for up to 7 years, with flexible installments aligned with the business cycle, and complete ownership of the tractor at financing completion.

Let Your Business Thrive on Wheels!

U Bank Islamic Banking offers a Shari’ah-compliant Vehicle Financing Facility under the Diminishing Musharakah mode of finance to support customers’ business transportation needs. The facility enables customers to purchase vehicles for income-generating purposes, including passenger cars for online ride-hailing and passenger transport services, as well as loader rickshaws, pickup trucks, cargo vehicles, and other commercial vehicles used for transporting goods, agricultural produce, livestock, milk, or passengers. Under the Diminishing Musharakah arrangement, the customer gradually purchases the Bank’s ownership share through regular payments and becomes the full owner of the vehicle upon successful completion of the financing term.

Your partner in building your dream home!

U Bank Islamic Banking offers Shari’ah-compliant housing finance facility based on the Diminishing Musharakah (DM) Islamic mode of finance. The Makaan Asaan Financing facility caters to those individuals who are looking to purchase a plot, house, an apartment, or receive financing for the construction of a house, construction on customer’s existing owned land, extension of an existing house or structural improvement, and home improvement or renovation on existing premises.