Halal Car Finance
Shariah-compliant car financing. Coming soon to Hong Kong.
Buy a car without interest
Conventional car loans charge interest (riba), which is haram. Islamic car finance uses Shariah-compliant structures to help you own a car without paying a single dollar in interest. All terms are fixed and transparent upfront.
How it works
We are currently in discussions with service providers and Islamic financial institutions to bring halal car finance to Hong Kong. The exact model will depend on which structure works best for everyone. Here are the two main models being considered:
Murabaha
The bank buys the car and sells it to you at an agreed price with a fixed profit margin. You pay in equal instalments over time. No interest. No variable rates.
Ijarah
The bank buys the car and leases it to you. You pay monthly rent. At the end of the lease period, ownership of the car transfers to you. Simple and transparent.
We are still deciding which model works best for Hong Kong. Your registration helps us show providers that real demand exists here. The more people register, the sooner we can launch.
What you will need
We are not a bank. We are collecting interest to show financial institutions that real demand exists for halal car finance in Hong Kong. The more people register, the faster banks will launch these products.
Register Your Interest
Fill in your details. We will contact you when halal car finance becomes available.