Asset Financing


Asset Financing

Asset financing offered by Shabelle Bank will be based under the principles of “Diminishing Musharaka”.The Bank and the business jointly purchase the asset (i.e. property/machinery etc.).The bank subsequently leases its share to the customer. The business is also offered the opportunity to buy equity shares of the assets. Shabelle Bank will gradually reduce the holding until the title to the property is completely transferred to the business.




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