ijaraloans

Ijaraloans is an asset financing platform operating primarily in Nigeria, which utilizes the Islamic financing model known as 'Ijara wa iqtina' (lease and ownership). The company's mission is to offer an ethical alternative to the conventional, interest-based loan system. They enable individuals and businesses to acquire assets such as electronics, equipment, and vehicles through a lease-to-own arrangement, ensuring compliance with Sharia principles by avoiding interest (riba).