A Shariah-compliant cost-plus financing arrangement. Speak with Lamen about financing goods and assets for your needs.
An illustration using the published terms. Final pricing and eligibility are subject to assessment and an agreed contract.
The customer submits a financing request, explains the purpose of financing and provides the required identification, business information and supporting documents.
What happens: The request is registered and the initial documents are collected for review.
01The Financing and Administration Department (FAD) performs an initial review of the file, checks completeness and coordinates follow-up where information or documents are missing.
What happens: The application is organized for the next review stage, subject to LAMEN’s internal procedures.
02The relevant team reviews the file against applicable compliance requirements and internal policies, considering customer due diligence and risk-related questions where required.
What happens: Issues requiring clarification are identified before the file proceeds.
03The committee reviews the application and supporting assessment, then makes or recommends a decision in line with its delegated authority and LAMEN’s procedures.
What happens: The decision and any conditions are documented before disbursement preparation.
04After approval conditions are met and required agreements are completed, the financing is released according to the approved structure and documented transaction.
What happens: Disbursement is recorded and the repayment schedule is communicated to the customer.
05The customer makes payments according to the agreed schedule. Each payment is recorded so that the paid amount, outstanding balance and upcoming due dates can be tracked.
What happens: The account is monitored through the repayment period until all required obligations are settled.
06Once the final payment and any remaining obligations have been verified, the account is settled and the financing file is closed according to LAMEN’s procedures.
What happens: The completed financing is documented as settled, subject to final reconciliation and internal checks.
07One purposeful journey. Each stage builds on the one before it — from the first application to a fully settled financing journey.
Illustrative overview only. Actual review requirements, approval authorities and repayment arrangements follow LAMEN’s approved policies and the relevant financing agreement.
Murabaha is currently available. Contact our team to discuss your needs and current product availability.
No. An online request begins a conversation. Eligibility and final terms require the institution’s review and approval.
Yes. Visit our branch directory to find a Lamen location or call +93 76 540 4040.
Murabaha is one of the most widely used Shariah-compliant financing products in Islamic finance. It is a cost-plus sale contract in which Lamen Microfinance Institution (LMI) purchases goods or assets requested by the client and sells them to the client at a pre-agreed price that includes the original purchase cost plus a disclosed profit margin. Unlike conventional loans, Murabaha is based on the sale of tangible assets rather than lending money with interest. The selling price is fixed at the time of the agreement, and the client repays it through convenient instalments over an agreed period.
LMI's Murabaha financing can be used to purchase a wide range of productive assets, including:
Lamen Microfinance Institution delivers Murabaha financing in accordance with internationally recognized Islamic finance principles and best practices. Every transaction is conducted with transparency, fairness, and full Shariah compliance, ensuring that clients receive ethical financial solutions tailored to their business and livelihood needs. Our experienced financing professionals provide personalized guidance throughout the financing process, enabling clients to invest confidently, expand their businesses, and improve their economic well-being.
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