Advanced Home Finance
Shariah-compliant products offer the opportunity to own affordable house
It’s a Murabaha or IJARAH based real-estate finance, with a promise for ownership, that allows the client to own his dream house, and having a personal loan at the same time.
This product provides you with the possibility to own your dream house, by having a real-estate finance and a personal loan at the same time, with easy and smooth repayment process that suits your income during the whole period of the finance.
*Subject to terms & conditions
**Annual percentage rate (APR) for Murabah starting from 4.86% including all fees and charges
***Annual percentage rate (APR) for Ijarah starting from 7.72% including all fees and charges
This product provides you with the possibility to own your dream house, by having a real-estate finance and a personal loan at the same time, with easy and smooth repayment process that suits your income during the whole period of the finance.
Features of this product:
- Murabaha or IJARAH based, in line with Sharia
- Fixed interest rate during the whole period of the finance
- Financing up to 5 million Saudi Riyals
- Finance period up to 25 years
- Possibility of financing an apartment, villa, duplex, residential building
- Full exemption in case of death or permanent disability, god forbid.
- Insurance coverage for houses against fire and natural disasters, god forbid
*Subject to terms & conditions
**Annual percentage rate (APR) for Murabah starting from 4.86% including all fees and charges
***Annual percentage rate (APR) for Ijarah starting from 7.72% including all fees and charges
