ISLAMIC LOAN FOR WOMEN

ISLAMIC LOAN FOR WOMEN

HALAL LOAN FOR WOMAN ISLAMIC LOAN FOR WOMEN BUSINESS SHARIA FINANCING FOR HOUSEWIFE

An Islamic loan for women by definition includes a financing structure granted at the level of an Islamic bank or a halal credit organization for a Muslim woman who wishes to have access to funds for personal needs or for the creation of her own business.

An Islamic loan for women is intended to give to a Muslima to be lent an amount of cash without Riba, that is to say without interest, in order to respect the rules of Islamic finance which are based on Sharia.

Islamic financing for women when dedicated to finance personal needs, such as a halal car loan or an Islamic home loan are easily granted from Islamic financial organizations which take into account the income of the Muslim woman who borrows from the loan, money under Islamic rules.

The halal loan for a woman entrepreneur who wishes to create her own business is done under different Islamic financing such as the Murabaha, the Musharaka, or the Ijara, that are financial instruments equivalent to conventional business financing but with the difference that the interests are replaced by profits and that the loans do not finance speculative projects.