Our Products

Explore our diverse range of Sharia-compliant financial solutions, including Murabaha,Sukuk, and Diminishing Musharakah (Coming Soon), designed for ethical and transparent financing.

Murabaha

Murabaha is a sharia-compliant contract of sale where we explicitly disclose the cost of the commodity and add an agreed-upon profit before selling it to our customer. We ensure transparency and trust in every transaction.

Murabaha finance is not an interest-based loan; instead, it is a Sharia-compliant financial instrument that provides an alternative solution for individuals and businesses who want to avoid interest-based transactions while acquiring necessary assets or goods and services or even for working capital financing.

Shariah compliance: Adhere to Islamic principles
Asset acquisition: Allows acquiring assets without upfront payment
Transparency: Agreed markup ensures transparency in the transaction
Flexibility: Offers customization repayment schedules
Interest-Free: Provides financing without charging Riba

Sukuk

Sukuk, also known as Islamic bonds, are financial instruments that comply with Shariah. Through Sukuk, customers obtain diverse investment opportunities across sectors and assets for portfolio diversification.

These investments can be structured with risk-sharing mechanisms to mitigate risks, making it an appealing investment option. Due to its competitive profit rate, it can be used as collateral in obtaining various financial services.

In 2021, Imaan Finance launched the first ever Sukuk instrument in Tanzania, which disrupted the entire perspective of Islamic finance in Tanzania. We have already issued seven Sukuks totalling over TZS 36.5 billion.

From the issuance, Six of the issuances were oversubscribed and one was fully subscribed. Since Sukuk issuance in 2021, three issuances have already matured and fully repaid.

We are actively continuing to issue Sukuk with vision to expand our market reach to millions of Tanzanians.

Sukuk Success Timeline

Amount Offered: 2,000 M TZS

Amount Subscribed: 2,720 M TZS

Amount Offered: 1,500 M TZS

Amount Subscribed: 2,000 M TZS

Amount Offered: 3,000 M TZS

Amount Subscribed: 3,000 M TZS

Amount Offered: 5,000 M TZS

Amount Subscribed: 5,320 M TZS

Amount Offered: 5,000 M TZS

Amount Subscribed: 11,000 M TZS

Amount Offered: 2,500 M TZS

Amount Subscribed: 4,800 M TZS

Amount Offered: 5,000 M TZS

Amount Subscribed: 7,700 M TZS

Amount Offered: 5,000 M TZS

Amount Subscribed: 11,320 M TZS

Diminishing Musharakah (Coming Soon)

Diminishing Musharakah is a Sharia-compliant partnership model that involves multiple parties contributing capital to fund projects or acquire assets. Profits and losses are divided based on each partner's capital input, adhering to Islamic principles of shared ownership and fair risk-reward sharing. This approach provides flexibility for tailoring partnership and profit-sharing arrangements to meet customers' specific requirements, promoting ethical financial practices.

Shared Partnership: Allows for shared ownership and collaboration in a joint enterprise
Risk Sharing: Partners share profits and risks, ensuring a fair distribution of financial burdens
Gradual Ownership Transfer: Enables smooth transition of ownership over time
Flexibility: Customizable partnership and profit-sharing structures to meet specific needs
Potential Profit Generation: Joint ventures have the potential to generate profits for shared benefit