Before you invest, know what your money is actually doing. A plain-English guide to financing notes, the Murabaha contract behind them and what you could earn.

You’ve set some money aside and you’re browsing your options on altinvest. EV Financing Notes catch your eye, with potential returns of up to 15% per annum. Then the questions start. What exactly am I investing in? Where does my money go? How do I earn?

Good. Those are the right questions.

What is a financing note?

A financing note is an investment where your money is pooled with other investors’ to fund a specific financing activity for a fixed period. In return, you earn a share of the profit that activity generates, and you get your capital back with your returns at the end of the tenure

In conventional finance, notes are loans that pay interest. Ethical financing notes work differently: your returns come from a real trade or asset, not from lending money at interest.

What are altinvest EV Financing Notes?

Electric vehicles are changing how people and businesses move. But for most buyers, paying for an EV upfront isn’t practical. EV Financing Notes fill that gap. Your money helps finance electric vehicles for eligible individuals and businesses, who pay for them in instalments over an agreed period.

You’re not buying a car or investing in an EV manufacturer. You’re funding the financing that puts the vehicles on the road, and earning from the repayments.

How does the Murabaha contract work?

Murabaha is a cost-plus sale, one of the most widely used contracts in Islamic finance. Instead of lending money, the financier buys the asset and sells it on at a price that includes an agreed profit. Both the cost and the profit are disclosed upfront, and the customer pays in instalments.

Here’s how it works with an EV:

1. A customer needs an electric vehicle but can’t pay the full price at once.

2. The financier buys the vehicle from the supplier and takes ownership of it.

3. The financier sells the vehicle to the customer at cost plus an agreed profit.

4. The customer pays that price in instalments over a fixed period.

5. Those repayments, including the profit, fund the returns paid to investors.

Is it right for you?

The question isn’t only “How much can my money make?” It’s also “What is my money actually doing?” With EV Financing Notes, the answer is clear: financing cleaner transport through a transparent, ethical contract.

Take the time to understand the opportunity, then decide if it’s right for you. Visit www.altinvest.ng for more information about EV Financing Notes, or download the altinvest app to get started.