Ijarah is an effective and practical financing tool allowing businesses to acquire their equipment/machinery and individuals to acquire Home and Auto through leasing, instead of outright purchase, thus reducing the heavy burden of expenditure. A commonly used financing mode wherein the Bank (lessor) leases the property/goods to the customer (lessee) in return for a rental payment for a specified financing period. However liabilities of ownership are borne by lessor.

Murabaha is the most widespread mode of Islamic financing. It is also known as Mark up or Cost plus financing. It involves the purchase of goods by the bank as requested by its client. The goods are sold to the client with a pre-agreed mark-up. Repayment, usually in installments is specified in the contract. It is a financing technique used for Goods, Auto and Home finance.

Tawarruq is an extensively used Islamic financial product which allows clients to raise money quickly and easily, in theory without breaking Muslim bans on interest. A customer buys an easily saleable asset from an Islamic bank at a marked up price, to be paid at a later date, and quickly sells the asset to raise cash. The mark-up acts as a earning for the bank.

Istisna`a is the Islamic long-term construction finance option whereby a party undertakes to manufacture, build or construct assets, with an obligation from the manufacturer or producer to deliver them to the customer on completion. The key advantage of an istisna’ contract is that it can provide flexibility to the customer, where payments can be made in instalments linked to project completion, at delivery or after project completion.