Tawarruq for Personal Finance - Sri Lanka’s First Structured Personal Finance Solution

What is Tawarruq?

Al-Falaah Tawarruq for Personal Finance is an innovative ‘Alternate Finance’ liquidity solution that enables customers to access financing through a structured, asset-backed transaction process. Based on the globally recognized Tawarruq concept, the facility provides a transparent and ethical alternative for individuals seeking funds for personal or business-related needs while remaining aligned with Islamic economic principles. Facilitated by LOLC Al-Falaah as the appointed agent, the solution offers a seamless and convenient financing experience through a structured series of commodity-based transactions.

Key Features

Asset-backed and structured Alternative financial service solution
Transparent transaction process
Flexible financing amounts based on eligibility
Competitive repayment tenures
Suitable for a wide range of personal and financial needs
Aligned with established Islamic economic principles

What Can the Facility Be Used For?

Al-Falaah Tawarruq for Personal Finance can be utilized for various legitimate personal and financial purposes, including:

Education and tuition expenses
Healthcare and medical requirements
Business expansion and working capital needs
Home improvement projects
Family commitments and special occasions
Other essential personal expenditures

Why Choose Al-Falaah Tawarruq?

Ethical and Transparent - A structured financing solution built around genuine asset transactions rather than interest-based lending.

Customer Convenience - LOLC Al-Falaah manages the transaction process as the appointed agent, making the customer journey simple and efficient.

Flexible Financial Support - Designed to help customers address diverse personal and financial requirements through a solution aligned with Islamic economic principles.

Trusted Alternate Finance Expertise - Backed by LOLC Al-Falaah's longstanding leadership and expertise in Islamic financial services, customers can access innovative financial solutions with confidence.