Peristaltic flow of a Jeffrey fluid in an inclined asymmetric channel is undertaken when the no-slip condition at the channel wall is no longer valid. The considered fluid is incompressible and electrically conducting. The flow is investigated in a waveframe of reference moving with the velocity of the wave. The analytic solution has been derived for the stream function under long wavelength and low Reynolds number assumptions. The effect of slip and non-Newtonian parameter on the axial velocity and shear stress are discussed in detail. The salient features of pumping and trapping are discussed with particular focus on the effect of slip and non-Newtonian parameters.