Features:
· Fully Sharia’h-compliant finance based on Murabaha (shares/goods).
· Providing an initial finance calculation.
· Freedom to choose the property to be mortgaged (completed unit,
land)
· Financing up to 90% of the value of the mortgaged property.
· Financing up to SAR 10 Million.
· Possibility of financing non-accredited entities.
· Settlement period up to 25 years.
· Possibility of applying the flexible installment feature.
· Acceptance of real estate all over the Kingdom.
· Finance without salary transfer.
· Early payment option.
· No down payment.
· No Property transactions tax.
· Exemption of beneficiaries in case of death or total disability,
God forbid (terms and conditions apply).
· APR starting from 5.62%.
Alinma Bank - Equity Release Financing :
A financing product that provides access to cash through equity release financing, leveraging your existing property as collateral. Available to all customers—both subsidized and non-subsidized—Equity Release Financing offers flexible repayment terms tailored to your financial needs, giving you greater financial control and a structured approach to achieving your goals with confidence.
Flat Rate
5.89%
Down Payment
Monthly Payment
Minimum Salary
Fees & Cost
Eligibility:
Matching Alinma bank's credit terms and policies.
Documents required:
• Copy of the deed of the property to be mortgaged
• Copy of building permission.
• ID Copy.