An approved product by the Shariah committee in the form of Murabaha
Available in fixed pricing and financing with a fixed competitive annual percentage rate
Available for government, semi-government, and private sectors
Financing to value starts from 85% up to 90%*
Maximum financing amount up to 5,000,000 Saudi Riyals
Financing period up to 30 years
Waiver of outstanding amount in case of death or permanent disability, God forbid
Fast and easy processing
Example: For a home financing of SAR 1,000,000 over 20 years, the APR will be 7.22% and the monthly installment would be SAR 7,750. In case of early settlement, 3 following months profit will be charged. Management fee of 1% from financed amount or capped at SAR 5,000 whichever is lower (including evaluation fee).
Terms and conditions apply
For a better experience, please prepare the following documents:
