Al-Barakah Ethical Credit Services

Financing with Fairness.

Financial Freedom Without the Burden

Conventional debt can be a trap. At Al-Barakah, we offer an alternative. Our Ethical Credit Services are designed to provide liquidity and capital support without the exploitative nature of interest (Riba). We focus on partnership, risk-sharing, and tangible economic activity to help you achieve your financial goals sustainably.

Our Product Offering For Ethical Credit Services

1. Non-Interest Credit Facilities

We provide credit facilities that are strictly non-interest based. Whether you need funds for personal needs or business operations, our structures ensure that you only pay for what is fair. We utilize contracts like Murabaha (Cost-Plus) and Qard Hasan (Benevolent Loan) to facilitate your needs.

  • Zero interest charges
  • Clear and fixed repayment schedules
  • Ethical contract structures

2. MSME Business Support

Small businesses are the backbone of the economy. We offer working capital financing to help Micro, Small, and Medium Enterprises (MSMEs) purchase stock, equipment, or raw materials. We partner with you to ensure your business grows.

  • Inventory financing
  • Equipment purchase support
  • Business advisory included

3. Salary Advance & Emergency Support

Life is unpredictable. Our salary advance scheme allows employees to access a portion of their earned income before payday to handle urgent expenses. This service is provided with a minimal administrative fee and absolutely no interest.

  • Quick processing time
  • Fair administrative terms
  • Relief from predatory lenders

4. Al-Barakah Mudarabah Investment

This is an ethical investment product designed for individuals and institutions seeking to grow their wealth in a Shariah-compliant way.

  • Structure: Mudarabah (Trust-based Partnership)
  • Investor Role: Provides capital
  • Al-Barakah Role: Acts as the Mudarib (investment manager)
  • Profit Sharing: Pre-agreed profit ratio between the investor and Al-Barakah (e.g. ratio 50:50)
  • Loss Sharing: Borne by the investor, except in cases of negligence or misconduct by the Mudarib
  • Tenor: Twelve (12) months

5. Al-Barakah Advisory and Consultancy Services

The company will provide professional guidance and support in:

  • Islamic finance structuring and documentation
  • Shariah compliance advisory
  • Business and investment advisory
  • Capacity development and financial literacy training
  • Capital raising among other services

6. Ethical Financing Products for Investees

i. Al-Barakah Asset Finance

A lease-based or cost-plus finance facility to acquire assets.

  • Based on Ijarah or Murabaha
  • Equipment, property, furniture, machinery

ii. Al-Barakah Auto Finance

Acquire vehicles ethically.

  • Murabaha or Ijarah
  • Flexible repayment, ownership transfer

iii. Al-Barakah Inventory Finance

Financing raw materials and goods for SMEs.

  • Murabaha (trade-based financing)
  • Company purchases and sells to client at profit

iv. Al-Barakah Home Finance

Acquire or furnish homes without interest.

  • Murabaha or Diminishing Musharakah
  • Property, appliances, electronics

v. Al-Barakah LPO Finance

Short-term financing for LPOs.

  • Mudarabah or Murabaha
  • Supply/service contracts without riba

vi. Al-Barakah Distributorship Finance

Inventory acquisition for supply chains.

  • Structured under Murabaha
  • Terms linked to sales/receivables

vii. Al-Barakah Edu Finance

Support for fees, equipment, projects.

  • Service Ijarah, Ijarah or Murabaha
  • Promotes access to education

viii. Al-Barakah Agro Finance

Support for farmers and cooperatives.

  • Murabaha, Muzara’ah or Salam
  • Food security, rural development

How It Works

1

Application

Submit your request with necessary details.

2

Assessment

We review your eligibility and needs.

3

Approval

Funds or assets are disbursed ethically.

4

Repayment

Pay back conveniently over the agreed term.

Apply for Ethical Credit

Get the financial support you need, the right way.

Start Application