Easily Transfer Your Real Estate Debt with Flexibility
A financing product that enables you to seamlessly transfer your existing real estate debt, whether under Ijara or Murabaha, from any financial institution to alinma. Available to all customers—both subsidized and non-subsidized—the Buyout Product provides enhanced convenience in managing your financial commitments.
Features that meet your needs:
- Fully Sharia’h-compliant financing based on Murabaha.
- Initial financing estimates to support better financial planning.
- Option to reduce the current monthly installment.
- Financing up to SAR 10 million and available until the age of 75.
- Financing may be accessible for non-accredited entities.
- Flexible repayment terms of up to 25 years.
- Acceptance of completed properties up to 30 years of construction.
- Option to apply the flexible installment feature.
- Nationwide real estate acceptance.
- Financing available for unfinished property.
- Salary transfer not required for financing.
- Early payment option.
- No down payment required.
- Housing support transfer to eligible beneficiaries.
- Debt waiver in case of death or total disability (terms and conditions apply).
- APR starting from 5.62%.
Easier Requirements for a Better Service:
- Open a current account with alinma.
- Obtain credit approval.
- Provide a valid national ID.
- Submit a salary certificate.
- Complete the real estate finance application form.
- Fill out the real estate details form.
- Attach a copy of the real estate deed.
- Provide a location sketch of the property.
- Submit a non-objection letter from your current financing institution, issued at least 10 days before the application date.
Or through the following channels:
- alinma Phone: 8001208008
- alinma branches.
* Terms and conditions apply.