Flat Rate
5.19%
Down Payment
Monthly Payment
Minimum Salary
SAR 6,000
Fees & Cost
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
5.19%
SAR 6,000
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
Financing up to 85% of Property Value
Financing up to SR 8,000,000
6 months deferral for the first repayment of the finance
A competitive profit rate.*
Ability to obtain Joint Finance with first degree relatives to obtain higher finance amount
Financing to buy house or land is possible
Takaful (life insurance) in case of death or total disability (God forbid).
Property insurance coverage against Fire & natural disasters throughout the finance period
Finance is also possible for self employed
Ability to transfer existing finance from other institutions
Islamic Finance, Finance for Nationals, Finance for Saudi Nationals
5.19%
SAR 5,000
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
Financing up to 20,000,000 Saudi riyals depending on client's financial net worth
Finance tenure up to 20 years
A very competitive profit margin, either fixed or flexible depending on the client's choice*
Multiple sources of income are considered, including the financed property’s income
The Possibility of finance against property income only
Allow the client to manage the property and improve the generated income
Settlement can be based on monthly, quarterly, semiannually and annually instalment depending on client's income
Takaful (life insurance) and exemption from payment of the remaining amount in case of death or total disability (God forbid)
Property insurance coverage against Fire & natural disasters throughout the finance period
5.19%
0%
SAR 10,946
SAR 6,000
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
Financing up to 20,000,000 Saudi riyals depending on client's financial net worth
Finance tenure up to 20 years
A very competitive profit margin, either fixed or flexible depending on the client's choice*
Multiple sources of income are considered, including the financed property’s income
The Possibility of finance against property's income only
Allow the client to manage the property and improve the generated income
Settlement can be based on monthly, quarterly, semiannually and annually instalment depending on client's income
Takaful (life insurance) and exemption from payment of the remaining amount in case of death or total disability (God forbid)
Property and damage insurance coverage included throughout the finance period
5.19%
10%
SAR 6,000
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
Ability to reduce your current instalments
A competitive profit rate
Finance up to 90% of Property Value
Financing up to SR 8,000,000
Residential and Commercial properties are included
Finance tenure up to 30 years
Takaful (life insurance) coverage in case of death or total disability (God forbid)
Property insurance coverage against Fire & natural disasters throughout the finance period
Free for life Credit Card
5.19%
15%
SAR 6,000
Administrative fees and property evaluation and valuation fees 1% of the financing amount, up to a maximum of 5,000 riyals, in addition to (15%) value added tax (VAT)
Fnancing up to 85% of Property Value
6 months deferral for the first repayment of the finance
Financing up to SR 5,000,000
A competitive profit rate,*
Ability to obtain Joint Finance with first degree relatives to obtain higher finance amount
Finance to buy a house or land is possible
Takaful (life insurance) in case of death or total disability (God forbid).
Property and damage insurance coverage included throughout the finance period
Ability to transfer existing liability from other financing institutions
Possibility of obtaining Personal Finance or Financial lease at the same time.
Islamic Finance, Sharia Compliant, No Salary Transfer