Islamic finance, is a means of funding or banking money in a way which is respectful to the principles of Sharia law and guided by Islamic economics. The fundamental principle of Islamic finance is the avoidance of any financial activities which could be deemed either harmful (Haram) or risky for the person. Features of Islamic finance include:
• A ban on Riba and Usury
• Profit and loss sharing
• Islamic finance providers are strictly forbidden from charging any rates of interest on financial products.
• Islamic finance providers are strictly forbidden from charging any rates of interest on financial products.
Is your business eligible for Islamic finance?
It is a common misconception that you have to be Muslim to be eligible to apply for Islamic finance. Whilst you do not need to be Muslim, your business is required to undertake Sharia compliant ventures. Qualifying for Islamic finance can be far easier than traditional business finance. Our simple criteria include:
- You have been actively trading for at least 6 months
- Your business uses a card terminal to process customer card transactions
- Your business does not fall under the following prohibited industries: gambling, drugs, weapons, chemical manufacture, pornography, banking and money transfer services
Considering Islamic finance for your business? Why choose us?
At AIF Management we endeavour to give all of our clients access to the fast and affordable funding they truly deserve. Understand what our service offers by seeing how we can help:
- We recognise the importance of offering our growing Muslim client base a funding option that perfectly aligns with their religious and cultural beliefs.
- Commercial directors are well equipped to help you through the process and answer any Sharia compliance questions you might have.
[ OUR SERVICES ]
What Can We Offer
Direct lending
We have in-depth experience in lending directly to companies, having been active in the market for decades.
Infrastructure financing
We have been providing private debt finance to the transport, utilities, renewables and social infrastructure sectors since the early 2000s
Commercial lending
We have provided flexible commercial mortgage finance since 2009, lending over £8.5bn* to commercial property owners in a combination of senior, mezzanine and whole loan facilities.