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Ijarah Leasing

We have structured our financing products for the purpose of leasing to own to meet different financial needs, such as buying a new home, renovating an existing house, buying your dream car, and any other financial needs. You can obtain a loan with simple requirements and documents, as well as fast process and installment options flexibility.

  • Benefits
      • Financing amounts up to SR 250,000
      • Islamic shari’ah compliant.
      • Competitive profit margin.
      • Easy payments.
      • Immediate actions.
      • Installment period of up to 60 months.
      • No sponsor is required.
      • Car can be purchased from car dealer and showrooms.
      • Obtaining a valid driving license.
  • Eligibility
      • A minimum salary of SAR 3,000 for the public sector and SAR 6,000 for the private sector.
      • Public and private sectors employees.
      • For Saudis and Expats.
      • An employment period shall not be less than 1 month for the public sector and 12 months for the private sector.
  • Documents Required
      • An employment letter from the employer that includes (basic salary - allowances - date of enrollment)
      • Vehicle price quotation that to be financed.
      • The national identity or residency.
      • Bank statement for the last 3 months "placed in a closed envelope and sealed by the bank.
      • The national Address.
      • Valid driving license.