WAKALA TUL ISTISMAR

Wakala tul Istismar means appointing another person to invest and grow one’s wealth, with or without a fee.
Although Wakalah financing has a wide scope, it is primarily aimed at customers who are engaged in the service sector. Essentially, Wakalah financing provides the luxury of benefitting from upfront payment against future services.
Under Wakalah, Rizq provides you the required funds to be invested in your own or an outside business for an agreed tenor. At the end of the agreed tenor, you as Rizq’s agent, return its investment along with the applicable profit.