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.