Need to furnish your home?
Your well-being comes first with Murabaha Equipment (Tadjhiz).
Your values inspire us.
CPA Murabaha is the beginning of a beautiful story that combines values and achievements.
What is Murabaha?
Murabaha is a Shari'a-compliant financing method offered by the Bank to individuals for the acquisition of real estate, materials/equipment, or a vehicle.
How does it work?
- The customer chooses the property to be purchased and submits a financing application to the bank.
- The Bank purchases the property and resells it to the customer, with a profit margin known and agreed upon in advance.
- By signing the Murabaha contract, the customer becomes the owner of the property.
Advantages of Murabaha:
- Compliant with Shari'a principles.
- A financing contract negotiated in advance.
- The customer becomes the owner of the property immediately after signing the Murabaha contract.
What Murabaha offers does CPA provide for individuals?
- Murabaha Vehicle.
- Murabaha Equipment (Tadjhiz).
- Murabaha Real Estate (Aqar).
What is Murabaha Equipment (Tadjhiz)?
Murabaha Equipment (Tadjhiz) allows you to acquire consumer goods (equipment, household appliances, furniture, etc.) with Shari'a-compliant financing.
Who is eligible?
Any Algerian national who meets the following conditions:
- Having legal capacity.
- Being under 70 years old.
- Having a stable and regular income equal to or greater than 30,000 DZD.
For what amount?
The financing amount can reach up to 100% of the price of the financed equipment.
The maximum financing amount is 2,000,000 DZD, with a minimum of 100,000 DZD
For what duration?
The repayment period varies between 1 and 5 years, including the deferment period granted at the customer's request.