The customer must be at least 20 years old. 

Open a current account if he does not have one. 

The customer's monthly net income shall not be less than SAR 5,000.

To better serve you, kindly provide the following documents to complete your applications:

A copy of the title deed.

A copy of the construction permit + construction completion certificate in case there is no electricity service (not including land and under construction property).

Fill in and sign the seller’s offer form by the property owner.

A copy of a valid ID of the seller.

Location sketch of the property.

Fill in and sign a mortgage application.

A detailed salary certificate mentioning the allowances (if any).

A copy of a valid ID.

pay slip of the last three months if the customer works for a semi- government or private sector.

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old.

Ready-to-move-in property is a product designed for customers willing to obtain finance to purchase a ready-to-move-in property. 

Murabaha meaning: 

Purchasing by Murabaha means that the bank purchases the property at its actual value and sells it to the customer at a higher deferred value including profit margin. 

This product is available for all creditworthy customers and customers who are supported by Real Estate Development Fund and Ministry of Housing.

Product approved by the Shariah Committee in the form of Murabaha. 

Financing with a competitive and fixed profit rate for the whole term. 

Choosing any type of property: villa/ duplex/ townhouse/ apartment building. 

Financing term up to 25 years. 

Financing amount up to SR 5 million. 

Step down payments on retirement- the customer will have a reduced installment after retirement in accordance with the pension. 

Step up payments as per Customer Obligations – advanced finance (2 in 1) 

Exemption from remaining repayments in case of death or permanent disability.

**The administrative fees are 1% of the financing amount or SR 5,000 whichever is lower. 

***Annual percentage rate (APR) starting from 4.86% including all fees and charges. 

The customer must be at least 20 years old. 

Open a current account if he does not have one. 

The customer's monthly net income shall not be less than SAR 6,000.

A copy of the title deed. 

Fill in and sign the seller’s offer form by the property owner. 

A copy of a valid ID of the seller. 

Location sketch of the property. 

Fill in and sign a mortgage application. 

A detailed salary certificate mentioning the allowances (if any). 

A copy of a valid ID. 

pay slip of the last three months if the customer works for a semi- government or private sector. 

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old. 

Land finance by Murabaha is a product that gives you the opportunity to own a land with the specifications you want. 

Murabaha Principal : 

Purchase by Murabaha means that the bank purchases the property at its actual value and sells it to the customer at a higher deferred value including profit margin. 

Product approved by the Shariah Committee in the form of Murabaha. 

Financing with a competitive and fixed profit rate for the whole term. 

Possibility of funding up to the age of 75 years. 

Financing term up to 25 years. 

Financing amount up to SR 5 million. 

Step up payments as per Customer Obligations – advanced finance (2 in 1) 

Step down payments on retirement- the customer will have a reduced installment after retirement in accordance with the pension. 

Exemption from remaining repayments in case of death or permanent disability.

**The administrative fees are 1% of the financing amount or SR 5,000 whichever is lower.

***Annual percentage rate (APR) starting from 4.86% including all fees and charges.

The customer must be at least 20 years old. 

Open a current account if he does not have one. 

The customer's monthly net income shall not be less than SAR 6,000.

A copy of the title deed. 

A copy of the construction permit + construction completion certificate in case there is no electricity service (not including land and under construction property). 

Fill in and sign the seller’s offer form by the property owner. 

A copy of a valid ID of the seller. 

Location sketch of the property. 

Fill in and sign a mortgage application. 

A detailed salary certificate mentioning the allowances (if any). 

A copy of a valid ID. 

pay slip of the last three months if the customer works for a semi- government or private sector. 

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old. 

Under construction property is a product designed for customers who wish to obtain a finance to purchase under construction property. “All stages of structure’s construction have been completed”. 

Murabaha meaning: 

Purchasing by Murabaha means that the bank purchases the property at its actual value and sells it to the customer at a higher deferred value including profit margin. 

This product is available for all creditworthy customers who are not supported by Real Estate Development Fund and Ministry of Housing

Product approved by the Shariah Committee in the form of Murabaha. 

Financing with a competitive and fixed profit rate for the whole term. 

Choosing any type of property: villa/ duplex/ townhouse/ apartment building. 

Financing term up to 25 years. 

Financing amount up to SR 5 million. 

Step down payments on retirement- the customer will have a reduced installment after retirement in accordance with the pension. 

Step up payments as per Customer Obligations – advanced finance (2 in 1) 

Exemption from remaining repayments in case of death or permanent disability.

**The administrative fees are 1% of the financing amount or SR 5,000 whichever is lower.

***Annual percentage rate (APR) starting from 4.86% including all fees and charges.

The customer must be at least 20 years old. 

Open a current account if he does not have one. 

The customer's monthly net income shall not be less than SAR 5,000. 

A price offer from the developer. 

Fill in and sign a mortgage application. 

A detailed salary certificate mentioning the allowances (if any). 

A copy of a valid ID. 

Pay slip of the last three months if the customer works for a semi- government or private sector. 

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old.

This product allows buying a property under construction and receiving it after a specified period and at a reduced price. Off-plan sales projects are subject to supervision by ""Wafi"" * and target beneficiaries of the Ministry of Housing and the Real Estate Development Fund (REDF) only.

This product is available for all creditworthy customers and customers who are supported by Real Estate Development Fund and Ministry of Housing

Product approved by the Shariah Committee in the form of Istisnaa & Ijarah Mosofah Bthimah.

Financing with a competitive and fixed profit rate for the whole term.

Choosing any type of property: villa/ duplex/ townhouse.

Financing amount up to SR 5 million.

Financing term up to 25 years.

Financing to own the first home only.

Step down payments on retirement- the customer will have a reduced installment after retirement in accordance with the pension.

Exemption from remaining repayments in case of death or permanent disability.

**The administrative fees are 1% of the financing amount or SR 5,000 whichever is lower.

***Annual percentage rate (APR) starting from 4.86% including all fees and charges.

The customer must be at least 20 years old. 

Open a current account if he does not have one. 

The customer's monthly net income shall not be less than SAR 5,000. 

Transferring Salary through SARIE.

A copy of the title deed.

A copy of the construction permit.

A copy of a valid ID of the seller.

Location sketch of the property.

Fill in and sign a mortgage application.

A copy of a valid ID.

A detailed salary certificate mentioning the allowances (if any).

pay slip of the last three months if the customer works for a semi- government or private sector.

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old.

This product gives you the opportunity to obtain cash in return of mortgaging your property. 

Tawarruq meaning: 

Purchasing by Tawarruq means that the bank owns metals purchased from London Metal Exchange and then sells them to the customer at a fixed annual rate. After buying metals from the bank, the customer will immediately authorize the treasury department to sell these metals on his behalf by signing a power of attorney to obtain cash. 

This product is available for all creditworthy customers and customers who are supported by Real Estate Development Fund and Ministry of Housing

Product approved by the Shariah Committee in the form of Tawarruq. 

Financing with a fixed profit rate for the whole term. 

Choosing any type of property to mortgage it: villa/ duplex/ townhouse/ apartment building “shall be owned by the customer and not be mortgaged to another party”. 

No need for down payment. 

The property will be mortgaged by the finance amount only and remain under the customer’s name. 

Possibility of funding up to the age of 75 years. 

Step down payments on retirement- the customer will have a reduced installment after retirement in accordance with the pension. 

Exemption from remaining repayments in case of death or permanent disability. 

The mechanism of home finance program 

The program subsidy is given to the beneficiary after obtaining real estate financing from participating banks and financing companies. 

The Fund provides a monthly subsidy amount that covers financing profits at a rate ranging between 35% as a minimum and 100% as a maximum, according to the support matrix, and the amount is transferred to the beneficiary's account directly after paying the monthly installment due from the financing authority.

ID card

The Fund provides a monthly subsidy amount that covers financing profits at a rate ranging between 35% as a minimum and 100% as a maximum, according to the support matrix, and the amount is transferred to the beneficiary's account directly after paying the monthly installment due from the financing authority. 

The home finance program is a profit-backed housing finance program by the Real Estate Development Fund for an amount up to 500,000 Saudi riyals, and it is compatible with the provisions of Islamic Sharia. This program is provided to the beneficiaries of the Real Estate Development Fund and the Ministry of Housing.

Choices of home finance program available at BSF:

Purchasing ready-unit

Financing self-construction house

Purchasing residential unit under construction

Land and loan financing

A mortgage

*Annual percentage rate (APR) for Ria’ayah starting from 3.71% including all fees and charges 

*Annual percentage rate (APR) for Ria’ayah starting from 3.71% including all fees and charges 

A copy of a valid ID. 

A detailed salary certificate mentioning the allowances (if any). 

pay slip of the last three months if the customer works for a semi- government or private sector. 

Account statement for the last three months indicating the receipt of the salary.

The customer must be at least 20 years old.

It is a Ria'ayah program provided to companies sponsored in cooperation with BSF, which will allow companies to sponsor their employees to obtain a real-estate finance from BSF, with competitive interest rates. 

It is a Ria'ayah program provided to companies sponsored in cooperation with BSF, which will allow companies to sponsor their employees to obtain a real-estate finance from BSF, with competitive interest rates.