Do you need to purchase new equipment?
With Mourabaha Equipment / Enterprises, CPA offers a financing solution that complies with Sharia principles to help you renew or acquire new equipment.
What is Mourabaha Equipment / Enterprises?
Mourabaha Equipment / Enterprises is an equipment sale contract between the bank and the enterprise, where the cost price is increased by a profit margin that is known and agreed upon in advance.
Who is eligible?
Any enterprise established in Algeria that meets the following conditions:
- Satisfactory borrowing capacity
- Self-financing of at least 20% of the cost of the equipment to be acquired
What amount can be financed?
Financing can cover up to 100% of the cost of the equipment to be acquired. This is determined based on the enterprise's repayment capacity and in strict compliance with the regulations in force.
The required self-financing (minimum 20% of the equipment cost) is estimated based on the cost of the equipment to be acquired and the enterprise’ repayment capacity.
For how long?
The bank grants financing for a minimum of a minimum of three (03) years and a maximum of seven (07) years, including a deferment period of up to twelve (12) months.