Murabaha

Q: How do I apply for Murabaha financing?

You can apply easily through our website form, mobile app, or WhatsApp onboarding bot.

Your Ethical Path to Ownership

Looking to buy an asset like a car, a piece of equipment for your business, or a household appliance? Our Murabaha financing provides a transparent and ethical way to make that purchase.
Murabaha is not a loan. It's a sale contract where we purchase an asset you want and then sell it to you at a pre-agreed price, which includes a transparent, fixed profit margin. You then repay us in easy, scheduled installments.

Ethical Financing

Only fixed profit disclosed upfront

Buy Now, Pay Over Time

Start using the asset immediately

Guaranteed Ownership

The asset is yours from day one

What Is Murabaha?

Murabaha is a Shariah-compliant financing contract where we purchase the asset you need and sell it to you at an agreed profit margin, payable in installments.

This ensures full transparency — the cost and profit are disclosed upfront, giving you peace of mind and a clear path to ownership through ethical financing.

Example:

You want a machine worth TSh 500,000. Amal buys it and sells it to you for TSh 575,000, paid over 6 months.

Key Features:

100% Shariah-Compliant: The transaction is based on a transparent sale, avoiding any form of interest (riba).
Transparent & Fixed: The price and profit margin are agreed upon at the start of the contract and will never change, allowing you to budget with certainty.
Safe & Fair: Murabaha avoids the uncertainty (gharar) and exploitative practices often found in conventional lending.
Flexible: Can be used to finance a wide variety of goods, from vehicles to business inventory.

Whether you’re a small business owner needing new equipment or a family looking to buy your first car, our Murabaha product provides a fair and honest way to finance your goals.

How Murabaha Works

You Identify the Asset

You find the item you wish to buy and share the details with us.

We Purchase the Asset

We buy the asset from the seller, becoming its legal owner.

We Sell to You

We then sell the asset to you at a fixed, marked-up price. All costs and our profit are disclosed to you upfront, with no hidden fees.

You Repay in Installments

You pay us back over an agreed-upon period in fixed, manageable installments

Who Can Apply?

Benefits

Ready to Own Your Asset?

Join thousands who have secured their homes, vehicles, and equipment through Murabaha financing. Get what you need today — with full transparency and easy installments.

Frequently Asked Questions (FAQ)

Is Murabaha a loan?

No. Murabaha is not a loan — it’s a cost-plus sale. You buy the item from Amal Takaful at a fixed profit.

What is the difference between a conventional loan and your Murabaha product?

A conventional loan involves borrowing money and paying interest on the amount. Our Murabaha is a sales contract where we purchase an asset for you and sell it to you at a transparent, fixed profit margin. It is not a loan, and there is no interest charged.

Can I use Murabaha for both personal and business assets?

Yes! Murabaha can be used to finance vehicles, equipment, machinery, or other assets you need for personal use or business growth.

How do I apply for Murabaha financing?

You can apply easily through our website form, mobile app, or WhatsApp onboarding bot.

Can I settle my Murabaha early?

Yes, early settlement is allowed, giving you full flexibility without extra hidden charges.

What happens if I miss a payment?

We offer guidance and support to help you stay on track. All terms are clearly explained upfront to avoid surprises.

Apply for Murabaha

Apply Now in 3 Easy Ways. Choose the method that works best for you: