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Auto Finance

Drive away today through Ijarah leasing — the bank buys the vehicle and leases it to you on agreed terms.

Auto Finance is structured as Ijarah (leasing): Milestone purchases the vehicle you choose and leases it to you for a fixed rental over an agreed period. Under an Ijarah wa Iqtina structure, ownership transfers to you at the end of the lease — with no interest charged at any stage.

Key features

  • New and pre-owned vehicles, from approved dealers
  • Fixed monthly rental, agreed and disclosed upfront
  • Comprehensive Takaful (Islamic insurance) included

Who it is for

Anyone who wants to acquire a vehicle without an interest-bearing car loan.

Ready to get started?

Interested in Auto Finance?

Open an account online, or speak to a relationship manager about this product first — either way, you're covered.

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