Halal auto financing follows Islamic financial principles by avoiding riba (interest). Instead of charging interest on a loan, halal structures like murabaha and ijara use transparent profit margins or lease-to-own models — so you always know the full cost upfront, and it never changes.
Murabaha is a cost-plus-profit sale — the lender purchases the vehicle and resells it to you at an agreed-upon price that includes a disclosed profit margin, paid in installments. Ijara is a lease-to-own structure — you make payments over a set term and own the vehicle at the end. Both are Shariah-compliant and interest-free.
Neither — at this time, Amana Drive operates as a referral service. We connect you with licensed halal financing providers and vetted dealership partners. We do not process, approve, or facilitate loans directly. Our role is to match you with trusted Shariah-compliant options.
Amana Drive does not perform credit checks. However, the halal financing provider we refer you to may conduct their own credit assessment as part of their approval process. We'll make sure you know what to expect before you're connected.
We currently serve clients in British Columbia, Ontario, and Alberta. We're actively working to expand to additional provinces across Canada.
In most cases, yes. Our dealership partners carry a wide range of new and used vehicles. When you submit your intake, you can specify your preferred vehicle type, make, model, and budget — and we'll match you with a dealership and lender that can accommodate your preferences.
The intake form takes under 5 minutes. Once submitted, we typically match you with a halal financing provider and dealership partner within 1–2 business days. From there, the timeline depends on the lender's approval process.
Riba means 'excess' or 'increase' in Arabic and refers to interest charged on a loan. It is prohibited in Islam because it creates an unjust transfer of wealth — the lender profits regardless of outcome while the borrower bears all the risk. Halal financing structures eliminate riba by using fair, transparent alternatives.
Yes. We only partner with financing providers whose murabaha and ijara contracts are independently reviewed for Shariah compliance. You can sign with confidence knowing the terms align with Islamic financial principles.
We work with a network of halal financing providers with varying approval criteria. While credit history may be a factor for some lenders, others may be more flexible. Submit your intake and we'll do our best to match you with a suitable provider.
With interest, the amount you owe can change over time — it compounds and fluctuates. With a murabaha profit margin, the total cost is fixed and disclosed before you agree to anything. You know exactly what you'll pay from day one, and that number never changes. It's a sale, not a loan.