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After ensuring your eligibility, you can apply online through our online form. Our Car finance contracts are based on Murabaha cost-plus financing. We share partnership with the member in purchasing the vehicle and sell our share to them over a period of time.

This rent amount will reduce with each additional share purchase the member makes. Online credit scores payments made to a bank in a conventional finance system is based on repayment of money with no relationship to the vehicle.

The bank lends a customer a certain amount of money and expects a certain amount of money in return for the money they lent out. The payments online credit scores to ICFAL are based on the concept of trading and reflects the real-world return on the investment.

This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more. Estimated reading time: 2 min Due to the potential for losses, the Online credit scores Conduct Authority FCA considers this investment to be high risk.

What are the key risks.

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