Get Islamic Vehicle Finance
Get Islamic Car Finance
Get Islamic Vehicle Finance
Absa Islamic Vehicle Finance will ensure that you get the vehicle you want, whether it’s for business or personal use.

Benefits

 

Easy access to credit

Custom payment term

Your choice of  variable or fixed payment rental options to suit your needs.

Earn attractive interest rates

Flexible payments

Payment options that allow you to reduce your monthly rental when you have extra cash.

Lump sum death benefit included

Exclusive free services

Mechanical and electrical assistance, home and roadside breakdown support, and more.

What you need to know

  • How it works

    Using the concept of Ijaarah, which is similar to leasing, you can enjoy access to a vehicle for a fixed period and price. This approach is Shari'ah-compliant and allows you to benefit from the unique advantages as well, such as 100% financing and tax benefits. 

     

    With our vehicle finance, you get your car while paying for it in manageable monthly instalments. 

  • Features & benefits

    •  You can choose between variable and fixed payment rental options to suit your needs
    •  An inflated final (bullet) payment can be negotiated 
    • Flexible payment options that allow you to reduce your monthly rental fee when you have extra cash
    •  Access to free mechanical and electrical assistance,  home and roadside assistance (for breakdowns) and great deals on products and travel services.
    • Payment periods can be structured to suit your requirements and credit risk profile 
    • Your last payment is regarded as the purchase of the asset whereby ownership is then transferred to you 
    • 100% financing and tax benefits available 

     

Absa Islamic Vehicle and Asset Finance for business

Grow your business with Absa Islamic Vehicle and Asset Finance. Flexible payment terms and competitive rates await!

Tell me more

 

Islamic avaf

Need more help?

Let one of our consultants help you with your Islamic banking enquiries.

Call us on: 0860 000 786

Email us at: islamicbanking@absa.co.za 

Visit your nearest branch