Welcome to New Edge Finance Company's Islamic Finance Division! We offer a range of Shariah-compliant financial products designed to meet your needs while adhering to Islamic principles. Our services are built on ethical and transparent practices, ensuring that your financial transactions are both halal and beneficial.
Welcome to New Edge Finance Company's Islamic Finance Division! We offer a range of Shariah-compliant financial products designed to meet your needs while adhering to Islamic principles. Our services are built on ethical and transparent practices, ensuring that your financial transactions are both halal and beneficial.
Our Islamic Financial Products
1. Murabahah (Cost-Plus Financing): We purchase the asset and sell it to you at a profit margin, ensuring transparency and compliance with Shariah law.
2. Mudarabah (Profit Sharing): A partnership where we provide the capital, and you manage the business. Profits are shared according to a pre-agreed ratio, and losses are borne by the capital provider.
3. Ijarah (Lease Financing): We lease an asset to you for a fixed period and rental fee. Ownership remains with us, but you benefit from the use of the asset.
4. Musharakah (Joint Venture): A joint enterprise where both parties contribute capital and share profits and losses according to their respective contributions.
5. Salam (Advance Purchase): A contract where we purchase a specified quantity of goods to be delivered in the future at a pre-agreed price.
6. Istisna (Commissioned Manufacturing): We finance the manufacturing of goods based on a specific order, with payment made upon completion.
