Service Ijara is used to cover costs where one person (such as a doctor, lawyer, teacher) is hired by another. It also applies to 'usufructs' and, therefore, the lease of physical assets such as land, building, machinery, equipment etc.

• Shariah-compliant finance
• A wide range of services and good supported:
  • Hajj and Umrah
  • Education and training
  • Home rent
  • Holiday package / air tickets
  • Any other legitimate goods

Ijara is a term of Islamic 'fiqh' which refers to "giving something on rent". The Ijara contract is applicable to 'usufructs' as well as services. Ijara of usufructs refers to the lease of physical assets such as land, building, machinery, equipment and so on. Service Ijara is used to employ services of a person for an applicable wage. Service Ijara may include all transactions where the services of a person (such as a doctor, lawyer, teacher or any other person who can render a valuable service) are hired by someone else.

• Minimum salary requirement of AED 5,000
• A valid passport
• Residence visa page (as applicable)
• Latest 6 months’ bank statements
• Quotation addressed to Al Hilal Bank
• Any other additional documentation which may be required thereafter according to Al Hilal Bank policies and procedures

• Minimum salary requirement of AED 5,000
• A valid passport
• Residence visa page (as applicable)
• Latest 6 months bank statements
• Quotation addressed to Al Hilal Bank
• Any other additional documentation which may be required thereafter according to the Al Hilal Bank policies and procedures

Click here to view Shariah Certificate