"If you are an individual and wants to avail Sharia compliant car financing on the suitable terms and conditions, UBL Ameen Drive is the right choice for you."
You can become the sole owner of your desired brand new car with UBL Ameen Drive. The Ameen Drive is based on Diminishing Musharakah which is Islamic mode of financing, where you participate with UBL Ameen in a joint ownership of vehicle and UBL Ameen finance the remaining cost of car. You agree to a monthly payment to the Bank of which one component is rent for use of the vehicle, and the other is for you to increase your ownership of the vehicle. Once you have made the full payment, which has been agreed upon, you become the sole owner with a free and clear title to the vehicle.