Your Partner in
Shariah-Compliant Business.
The Shari’ah Business Advance is designed to ensure full compliance with Shari’ah law.
Trusted Business Financing
Access a Shari’ah Business Advance designed to provide you with the funding your business needs to grow, while upholding Islamic finance principles.
Our product structure and process have been reviewed and fully certified by TymeBank and an external, independent Shari’ah Advisory Committee, offering you confidence in their authenticity and adherence with Shari’ah law.
An Islamic Finance Option
Discover a financial solution that aligns with your values and drives your business growth.
We will purchase the assets or goods you need for your business and sell them to you at a pre-agreed profit margin.
Exclusive Product Features
Finance from R50,000 to R5 million
Terms between 3 and 12 months
Payments occur within 48 hours of contract approval
Backed by dedicated, experienced TymeBank Shari'ah Funding Specialists
Certified and compliant with Islamic Law
A Closer Look at our Shari’ah Business Advance
Shari’ah-certified financial practices avoid interest-based transactions and promote fair, transparent transactions rooted in risk-sharing. This Shariah-compliant framework ensures all financial activities adhere to Islamic principles, fostering trust and accountability.
How the Product Structure Works
With our Shari’ah Business Advance, no fees or interest rates are charged. Instead, we agree on a markup added to the purchase price. This markup is fixed, fully disclosed upfront and never changes.
Empower Your Business with Shari’ah-Compliant Financing
Unlock your Business Potential
The Shari’ah Business Advance provides growth capital for diverse business needs like purchasing stock, investing in machinery or seizing new opportunities.
Tailored for Shari’ah-Focused Entrepreneurs
We deliver customised financing solutions that cater to the specific needs of businesses seeking to align their financial practices with Islamic principles.
Faith-based Business Success
Our aim is to help you achieve your business ambitions while staying true to your beliefs. Choose a Shari’ah Business Advance to grow your business in a manner that aligns with sustainable and Islamic values.
For personalised support and to discover how our solutions can empower your business, chat to a Funding Specialist.
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What is Murabaha Financing?
A simplified description of Murabaha with TymeBank: The bank purchases the asset. The asset is resold to you by the bank at a price and terms agreed upon in advance and you pay the bank in installments. -
Is the Murabaha agreement compliant with Islamic Law?
Yes, the Murabaha agreement is structured to adhere strictly to Shari'ah principles, with no interest (Riba) involved, and reviews are conducted to ensure its compliance. -
Is this product only for Muslims?
No, it is open to everyone. While based on Islamic principles, anyone can benefit from its transparent, fixed-cost structure.
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How does a Merchant initiate a transaction with TymeBank?
Simply reach out to our Shari’ah funding specialists by emailing yazeed@retailcapital.co.za to guide you through our easy application process. -
How long does the approval process take?
The approval process typically takes 1- 2 business days, subject to document verification and underwriting. -
Can I settle my Murabaha financing early?
Yes, early settlement is possible. TymeBank may offer a rebate (Ibra) on the remaining profit portion, subject to agreement.
You’re one application away from making your vision a reality.