• image01
  • image01
  • image01
  • image01
  • image02

Ju’alah


Ju'alah is a fare for work or task to be done. (Islamic legal definition) In Ju'alah, partnerships is developed with a group of goods and services providers in which Ethmar offers to sell their products with installments affordable for client, giving that it is Ethmar that shall assume the responsibility of preparing the credit assessment of clients as well as the responsibility of following up and collecting installments from customers within the agreed schedule.

 Example: a partnership between Ethmar and a medical equipment supplier, so that such partnership shall serve to finance clients wishing to by any such equipment in installments at the announced cash price without any addition.