Aljabr Finance Co
Overview
Aljabr Financing Company is a joint stock company founded by the owners of Aljabr Group Of Companies. History of Aljabr Group dates back to 1952 when Sons of Sheikh Hamad Mohamed Aljabr began their journey in the world of trading by establishing a small trading company of food stuff in Al-Ehsa town.
Aljabr Financing Co seeks to provide all services easily and conveniently to customers and without complications. Therefore, the company offers many financing programs, as the company’s programs include many options for obtaining car financing, facility financing, and personal financing.
Services
Aljabr Finance Co provides many services to all its customers, and these services include car financing, facility financing, and personal financing, which can be classified as follows:
Financial leasing with a promise to own, which is financing assets for individuals through a leasing system for a specific period of time with a promise to own at the end of the contract.
Financing small and medium enterprises with the promise of a gift, which is financing assets for small and medium enterprises on a leasing system for a specific period of time, with a promise of ownership at the end of the contract.
Murabaha for small and medium enterprises, which is financing assets for small and medium enterprises using the Murabaha system for a specific period of time, with ownership of the asset from the beginning of the contract.
Consumer financing, where the borrower is enabled to purchase a durable good for consumption and pay for it over an extended period of time.