Asset Financing

It is a type of Islamic financing that allows granting of Islamic facilities against business assets such as equipment, machinery and vehicles based on corporate client's balance sheet assets that already owned (such as investments or inventory)

Moreover Asset financing can be used to support corporate clients to grow their businesses using different modes of Islamic financing

"Asset-backed financing", "debt-like instruments" such as mark-up (murabaha), leasing (ijara), cash advances for the purchase of agricultural products (salam), and cash advances for the manufacture of assets (istisna').These are based on "contracts of exchange", and involve the "purchase and hire of goods or assets and services on fixed or variable profit rates based in line with Sharia principals and guidelines