๐Ÿ•Œ Shariah-Compliant ยท Diminishing Musharakah

Faysal Islami Car Finance
Calculator 2026

Pakistan's largest Islamic bank. Calculate your monthly rental for new or used locally assembled vehicles. No Riba.

KIBOR+4โ€“6%Profit Rate
1โ€“5 YrsTenure
PKR 3MMax Financing
30%+Min Deposit

Faysal Islami Car Finance

Adjust sliders to calculate your estimated monthly rental  ยท  View on Faysal Bank โ†—

Vehicle Price
PKR โ€”
Financed Amount
PKR โ€”
Monthly Rental
PKR โ€”
Customer Segment
Vehicle Type
Engine Capacity
Tenure3 Years
1 Yr5 Yrs
Vehicle PricePKR 3,000,000
PKR 357KPKR 10M
Down Payment (Equity)30%
30%70%
Monthly Rental (Estimated)
PKR โ€”
Indicative ยท Exclusive of Takaful & Tracker
Financed Amount
PKR โ€”
Total Payable
PKR โ€”
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๐Ÿ“Œ Note: Rental based on 1-Year KIBOR (~10.89%) + spread, reviewed annually. Processing fee PKR 12,000 + 16% FED (only after approval). Tracker: PKR 22,000 + FED one-time + PKR 1,500 + FED/month.

Drive Your Dream Car โ€” The Halal Way

Built on Diminishing Musharakah โ€” you and Faysal Bank jointly own the vehicle. Financing up to PKR 3,000,000, down payment from 30%, covers vehicles up to 9 years old.

Variable Profit Rates

SegmentNew CarUsed Car
Salaried / Self-Employed ProfessionalKIBOR + 5%KIBOR + 4%
Self-Employed BusinessmanKIBOR + 6%KIBOR + 5%

Eligibility Criteria

๐Ÿ‘” Salaried Employees

  • Age 21โ€“65 years at maturity
  • Permanent: min PKR 30,000/month; Contractual: min PKR 50,000/month

๐Ÿข Self-Employed

  • Age 21โ€“70 years at maturity
  • Min PKR 40,000/month; min 1 year in current business

Frequently Asked Questions

Can I finance a used car and how old can it be?
Yes, up to 9 years old at financing, provided age at maturity doesn't exceed 12 years.
Is the profit rate fixed or variable?
Variable โ€” set at 1-Year KIBOR on application date + spread, reviewed annually.
When is the processing fee charged?
Only after your case is approved โ€” PKR 12,000 + 16% FED.

Ready to Apply for Faysal Islami Car Finance?

Calculate your rentals above, then apply online in minutes.

Apply Now โ†— Compare All Banks

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