South Africa
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Shari’ah Fleet Card

Shari’ah Fleet Card product detail

Get a Shari’ah-compliant prepaid card for each vehicle in your fleet to manage and monitor your fuel and maintenance costs.

 

 

 

Some of the benefits

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Managed costs

Track spending and stay on target
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No credit checks

All cards are preloaded
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Centralised accounting

Cards issued to each vehicle in your fleet draw from the funds in the prepaid account
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Widely accepted

Use your fleet card at filling stations and repair centres
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shield-background Created with Sketch.

Managed costs

Track spending and stay on target
icon-approved Created with Sketch.
shield-background Created with Sketch.

No credit checks

All cards are preloaded
icon-book Created with Sketch.
shield-background Created with Sketch.

Centralised accounting

Cards issued to each vehicle in your fleet draw from the funds in the prepaid account
icon-globe Created with Sketch.
shield-background Created with Sketch.

Widely accepted

Use your fleet card at filling stations and repair centres
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What you get
  •     Preload funds onto your fleet account and control fuel and maintenance expenditure per vehicle
  •     Receive an SMS after each transaction occurs on every card
  •     All purchases are limited to fuel and pre-approved maintenance outlets
  •     All transactions are subject to the usual transaction authorisation processes
  •     Purchases are restricted to fuel, oil, maintenance, repairs and tyres
  •     The cards cannot be used to pay toll fees
View Prepaid Fleet Card Shari'ah Banking Certificate
How to get it 
  • What you get
  • How to get it 
  •     Preload funds onto your fleet account and control fuel and maintenance expenditure per vehicle
  •     Receive an SMS after each transaction occurs on every card
  •     All purchases are limited to fuel and pre-approved maintenance outlets
  •     All transactions are subject to the usual transaction authorisation processes
  •     Purchases are restricted to fuel, oil, maintenance, repairs and tyres
  •     The cards cannot be used to pay toll fees
View Prepaid Fleet Card Shari'ah Banking Certificate
Shari'ah Banking certificates
We also offer
Shariah Forward Exchange Contracts product image
Shari’ah Forward Exchange Contracts (FEC)

The first Shari’ah-compliant FEC in South Africa to be contracted under the ISDA (International Swaps and Derivatives Association) Tahawwut Framework. This product allows you to hedge out your real foreign exchange (FX) risks in a Shari’ah-compliant manner.

Shariah Merchant Capital Cash Advance product image
Shari'ah Merchant Capital Cash Advance

Merchant Capital is a leading provider of alternative working capital solutions to SMEs in South Africa, having assisted thousands of retail businesses with millions in funding. A Shari'ah-compliant option is now available.

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