Meeting your personal financing needs the Islamic way with Muzn Islamic Personal Goods Murabaha Financing.
You have the opportunity to fulfill your personal needs the Shari'a compliant way. Whether you want to furnish your home, need new electrical appliances, want materials for home renovation,etc. all can be fulfilled through Goods Murabaha Financing.
How does it work?
Muzn Islamic Personal Financing : Consumer Goods is based on the concept of Murabaha. Under the product you request the Bank to purchase the goods you require. The Bank acquires the goods by appointing you as Bank's agent and makes payment to the dealer. Subsequently the Bank sells the goods to you on cost plus profit basis for the payment to be made in agreed installments.
Key features of Muzn Islamic Goods Murabaha Financing
- Financing in accordance with Shari'a
- Shari'a permissible concept of Murabaha
- Maximum facility amount based on DBR
- Minimum facility amount OMR1000
- Competitive rates
- Available to people aged between 21 ± 60 years
- Available for Omani Nationals and Expatriates.
- 100% Financing value
South Azaiba Way No: 244 Al Sahwa Towers Building No: 2, Ground Floor, Phone: 24527198
Al-Janobiah Way no: 6901, Building no: 15 Phone: 24452387
Near Sanaya Roundabout Opposite Badr AlSamaa Poly Clinic Phone: 25540726
Al Waqaibah Way No: 4803 Building No: 24 Block No: 2248 Phone: 26846692, 26846044, 26846118
Nizwa city Firq area Hay Alain Junction Near Aldiyar Hotel Phone: 25411241, 25411681
Al Zaky Building Opposite Souk AlMarkazi Phone: 23291310
* Terms & conditions apply.
Disclaimer: All Muzn Islamic Banking products and services are approved by the Muzn Shari’a Supervisory Board and are subject to Muzn Islamic Banking’s terms and conditions and submission of acceptable documentation.