The first full-fledged interest-free bank in Ethiopia

Murabaha Financing

Welcome to Zamzam Bank’s Murabaha Financing – a Sharia-compliant and transparent way to meet your financial needs. Murabaha is an ethical and collaborative financing model, allowing you to make purchases with the assistance of Zamzam Bank, while ensuring adherence to Islamic principles.

Types of Murabaha Financing

Murabahah Term Financing

For purchase of inputs, machinery or short-term project financing;

Murabahah Merchandise Facility

For purchase of inputs, machinery or short-term project financing;

Murabahah Revolving Financing Facility

For purchase of inputs with a working capital need of recurrent nature;

Murabahah L/C Financing

For purchase of inputs and machinery from abroad.

Murabahah pre-shipment and Murabahah Post-shipment Financing

For the purchase of goods to be exported.

Commodity Murabahah (Tawaruq)

For bulk purchase of commodity to alleviate working capital (cash) shortage of the customers.

Motor Vehicle Murabahah Financing

For purchase of motor vehicles for applicants in the transport sector as well as other business sectors;

Murabahah Agricultural Input Financing

For purpose of purchasing and distribution of fertilizers, improved seeds and other agricultural farm inputs

Murabahah for purchase of building and Business Establishments

The Bank covers a portion of the purchase price of the building and/or Business Establishments and sale the same for eligible customers;

Machinery Murabaha Term Financing

A Construction Machinery Murabaha Financing is extended for the purchase of all type of machineries.

Murabahah Commercial Farming Term Financing

For acquiring or constructing fixed assets such as buildings, agro-processing machinery and equipment for customers engaged in modern commercial farms or agro-processing industries.

Murabaha Financing Features

Cost-Plus Profit Structure

Clear and straightforward: Zamzam Bank purchases the desired asset on your behalf, and then sells it to you at an agreed-upon cost-plus profit.

Transparent Transaction Details

  • Every aspect of the transaction, including costs and profits, is explicitly disclosed.
  • No hidden fees or uncertain terms – we prioritize transparency.

Flexible Repayment Terms

  • Customizable repayment schedules tailored to your financial capabilities.
  • Enjoy the flexibility of terms that align with your business or personal budget.

Murabaha Financing Benefits

Sharia Compliance

In strict adherence to Islamic finance principles, ensuring ethical and halal financial transactions.

Asset Ownership

Immediate ownership of the purchased asset upon completion of the Murabaha transaction.

Risk Mitigation

Transparent terms allow for a clear understanding of costs and profits, minimizing uncertainties.

Predictable and Stable Payments

The fixed and pre-determined repayment installments allow the borrower to plan and budget their finances more easily.

Builds Business Relationships

The Murabaha structure involves a partnership between the lender and borrower, fostering a collaborative business relationship.

Murabaha Financing Process

Asset Selection

Choose the asset you wish to acquire.

Agreement on Costs and Profits

Agree on the purchase cost and the profit margin.

Purchase by Zamzam Bank

Zamzam Bank acquires the asset on your behalf.

Sale to the Client

Zamzam Bank sells the asset to you at the agreed-upon cost-plus profit.

Flexible Repayment

Repay the amount over an agreed-upon period with flexible terms.

Murabaha Financing Requirements

Shari'ah Compliance

The customer must ensure that the Murabaha financing arrangement and their use of the asset complies with Shari’ah principles.

Transparent Communication

Engage in open communication to ensure a clear understanding of the Murabaha terms.

Repayment Plan

Collaborate with Zamzam Bank to establish a repayment plan that aligns with your financial capacity.

Required documents

The customer is required to provide certain documents to proceed with the financing process as stated in the checklist.

Experience Ethical Finance with Zamzam Bank

Choose Zamzam Bank for Murabaha Financing and experience a transparent, Sharia-compliant, and collaborative financial solution. Whether for personal or business needs, Zamzam Bank is your partner in responsible finance. Join us in building a future grounded in Islamic financial principles.
Request Financing

Other Related Financing that might interest you

Ijarah Financing

Mudarabah Financing

Qard Hasan Financing

Istisna Financing

Bai’ Salam Financing

Musharakah Financing

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