Established in 2007, PT. Al Ijarah Indonesia Finance (ALIF) is a national multifinance company operating under full Sharia principles. It was founded as a joint venture between three prominent Islamic financial institutions: Bank Muamalat Indonesia, Islamic Corporation for the Development of the Private Sector (ICD) which is part of the Islamic Development Bank (IDB), and LTH an institution from Malaysia. ALIF is licensed and supervised by the Indonesian Financial Services Authority (OJK) and focuses on providing financing products such as Hajj financing, multi-service financing, and investment financing for vehicles and capital goods through Sharia-compliant contracts like Ijarah Muntahiyah Bittamlik (IMBT) and Murabahah.

Founded in

Indonesia