GetPhone Limited is a device financing company in Somalia that provides access to smartphones, tablets, and laptops through ethical, Sharia-compliant financing models
No. GetPhone Limited does not charge interest. Instead, it applies a clearly disclosed profit margin agreed upon at the time of sale
GetPhone first purchases the device from approved suppliers, becomes the legal owner, then resells it to the customer at a disclosed final price payable in fixed installments
Ownership is transferred to the customer after completion of all installment payments
Payments are fixed and agreed upon from the beginning, with no changes during the payment period
GetPhone applies Murabaha, Bay’ Bithaman Ajil, asset-backed sales, ownership before resale, contractual transparency, and risk-sharing concepts
GetPhone supports youth empowerment, educational access, digital inclusion, small business productivity, financial literacy, and economic participation in Somalia
