Your repayment record is your actual collateral.
Principles
Shariah Compliance lives in the execution, not in the vocabulary.
Financing is available to all Canadian SMEs regardless of the owner's background or faith, subject to sector screening. SUNDUS will not finance inventory or activities involving alcohol, tobacco, cannabis, gambling, adult content, weapons, interest-based financial activities or any unlawful activities.
One active facility per business at a time is the norm, whereas undisclosed multiple borrowing is disqualifying – a customer is never financed into over-indebtedness.
Regulatory Integrity
SUNDUS operate within the full Canadian regulatory stack – FSRA, FINTRAC (MSB), the criminal interest rate cap (s.347), RPAA / PSP, PIPEDA and the federal cost-of-credit regimes – from day one.
Financing Mechanism
Murabaha is a sale, not a loan – and every leg of the transaction is a genuine, separately priced exchange.
SUNDUS does not lend money at interest. It buys an asset and sells it to the customer at a disclosed cost plus a fixed, agreed profit, repayable in installments. Two variants of that sale serve different needs.
MURABAHA – Asset-Backed Financing
Where the customer needs specific goods, inventory or equipment, SUNDUS purchases them directly from the supplier against an invoice or quote, takes constructive ownership, and immediately sells them to the customer at cost plus the fixed profit. Funds flow to verified suppliers, never as free cash. This asset-backed discipline is both a Shariah requirement and a credit-risk control as it eliminates diversion of funds. This variant directly relates to the asset-backed SME facilities and the BNPL rail.
TAWARRUQ – Working Capital & Liquidity Financing
Where the customer needs cash rather than goods, SUNDUS executes a Tawarruq on Shariah- Compliant Canadian-listed ETF units – a sequence of three genuine sales that delivers liquidity at a disclosed, fixed price repaid in equal installments over the term of the financing transaction.
The structure is initially endorsed in the formal Shariah Compliance Certificate issued by Dr Yousuf Azim Siddiqi dated 12 July 2026.
The SUNDUS Score
Your Score and the ladder grow together. The graduation ladder is not a separate product. It is your SUNDUS Score at work over time.
We size and price your first facility using the information available today. Every facility you complete without a materially late payment raises your Score, mainly through your cash flow and repayment behaviour. A higher Score opens the next step: a larger amount, a longer term, and pricing based on what you've proven, not on what we had to assume at the start.
Moving up the ladder depends on eligibility; it is not automatic. We assess and agree each facility on its own terms. Completing the top Micro-Financing tiers (M5) qualifies you to be assessed for our larger SME commercial business financing.