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Shari’ah-compliant Operating rental and car maintenance packages

Shari’ah Full Maintenance and Operating Rental product

Get reliable, Shari’ah-compliant car rental solutions and full maintenance packages for your business.

 

 

 

Some of the benefits

Low risk

Rent without taking on the risk or responsibility of car ownership or maintenance

Fixed cost

Know your rental costs upfront – rental prices will only change should there be a change in the Islamic Financing rate

Flexible

Amend the contract rental period, or the mileage travelled at any time

Tax benefits

Claim back VAT on the maintenance or rental amount of selected vehicles
What you get
  •     A fully inclusive finance and maintenance package without the additional responsibilities of ownership
  •     Rent the car for a specified period (months) and distance (kilometres)
  •     Get volume discounts on car prices 
  •     Pay a single amount, which includes car rental and maintenance
  •     Contracts are flexible, and you can amend them as your business changes
  •     The bank retains ownership of the cars
  •     Claim back the full VAT amount on the monthly rental of light delivery and commercial vehicles
  •     Claim back the VAT on the maintenance portion of passenger vehicle contracts


View Full Maintenance Rental Shari'ah Banking Certificate 
View Operating Rental Shari'ah Banking Certificate

 

 

How to get it 
  • Speak to your Relationship Manager
  • Contact Fleet Management by email at [email protected]
  • What you get
  • How to get it 
  •     A fully inclusive finance and maintenance package without the additional responsibilities of ownership
  •     Rent the car for a specified period (months) and distance (kilometres)
  •     Get volume discounts on car prices 
  •     Pay a single amount, which includes car rental and maintenance
  •     Contracts are flexible, and you can amend them as your business changes
  •     The bank retains ownership of the cars
  •     Claim back the full VAT amount on the monthly rental of light delivery and commercial vehicles
  •     Claim back the VAT on the maintenance portion of passenger vehicle contracts


View Full Maintenance Rental Shari'ah Banking Certificate 
View Operating Rental Shari'ah Banking Certificate

 

 

  • Speak to your Relationship Manager
  • Contact Fleet Management by email at [email protected]
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