Licensed by the Central Bank of Nigeria
Summit
Cost-Plus
-
SCP
(Murabaha)
These are structured to enable customers acquire assets through transparent, fixed-profit sales.
Features that Keep You in Control
Shariah-compliant purchase financing
Summit purchases the asset on your behalf and resells it to you at a pre-agreed profit margin.
Fixed and predictable payments
Clear, fixed monthly or quarterly payment plans. No surprise charges, your payment structure is known from day one.
Inventory, trade, capital, guarantees.
Applicable for goods such as equipment, inventory, vehicles, or other approved tangible assets.
Insurance cover from reputable Takaful Company
Access to Islamic insurance (Takaful) to protect the financed asset, ensuring added peace of mind.
No hidden charges
All fees, costs, and profit margins are disclosed in advance.
Requirements
Completed application form
Proof of business existence and registration
Proforma invoice for the asset/goods to be financed
Collateral cover on a need basis
Eligibility
SMEs and Registered businesses
NGOs and Non-profit Organizations
Government Ministries, Departments and Agencies
T&Cs apply
Frequently Asked Questions
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