ISLAMIC LOAN FROM ABROAD

 

HALAL LOAN FROM ABROAD

An Islamic loan from abroad is equivalent to a credit facility which is granted to a borrower who is not resident in the same country as the lender and which complies with principles of Islamic Finance.

An Islamic loan from overseas has the objective of helping a Muslim borrower to apply Islamic principles for credit facilities any using an Islamic worldwide lender to be compliant.

A halal loan from abroad help essentially Muslims who live in counties where Islamic Finance is lacking and who’s wish is to apply the Islamic Sharia for personal loans and mortgages.

An Islamic credit facility from another country is possible if the Muslim borrower can offer sufficient guarantees to mitigate the risks toward the Islamic financial institution.


LOAN FROM ABROAD

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