Is it possible to obtain Islamic financing using a certificate as collateral?

Products may be secured by a certificate/deposit.

Ask about the formula, the loan-to-collateral ratio, the continuity of the fund's profits, and what happens in case of default; the presence of a collateral does not mean cost-free financing.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• AAOIFI — Sharia Standards