Aalam Alarab Installment & Leasing Co.

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AAILC Website

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Calculator

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About AAILC

Aalam Alarab Instalment & Leasing Company is dedicated to offering Sharia’h Compliant financial solutions to its corporate clients, provides comprehensive Islamic financial solutions to Saudi based small and medium enterprises. Our creatively tailored sharia’h compliant financing products are capabl...

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AAILC - Our Mission & Vision

To become a premier Islamic financial services provider in the Saudi Arabian market by generating business with integrity through innovative financial products & services and by using best employment practices for the benefit of all stakeholders. Our mission is to facilitate our clients with competi...

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AAILC Profile

Aalam Alarab Instalment & Leasing Company is a Saudi based finance company dedicated to offering Sharia’h Compliant financial solutions to its corporate clients, established under commercial registration No. 1010314982 issued in Riyadh by the chamber of commerce on 21st Ramadan, 1432 H. We provide c...

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Murabaha

A Murabaha is a contract between a financial institution and its client, which allows the financial institution to purchase goods which the client requires and then sell them to the client at a cost that includes a disclosed profit margin. The following list is not comprehensive, but is meant to ill...

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Ijarah

In Islamic financing, an ijara/lease transaction is passing possession & usufruct of a fixed asset without passing the legal ownership for a defined period of time against payment of fixed rentals. The following list is not comprehensive, but is meant to illustrate the wide range of productive asset...

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Tawarruq

In Islamic financing, an arrangement in which somebody purchases an item from a financial institution on a deferred payment plan, then sells it immediately to obtain money. Tawarruq is a Sharia’h compliant financing solution utilized by clients seeking to meet urgent liquidity needs for a variety of...

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Pre-Requisites

In Islamic financing, an ijara/lease transaction is passing possession & usufruct of a fixed asset without passing the legal ownership ....

16/01/2014

AAILC Careers