Leverage Your Property for Instant Cash Access
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.
Features that meet your needs:
- 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%.
Easier Requirements for a Better Service:
- Opening a current account with the Bank.
- Credit approval.
- National ID.
- Salary certificate.
- Real estate finance request form.
- Real estate details form.
- Copy of the real estate deed.
- Real estate location sketch.
- Building permit.
Or through the following channels:
- alinma phone (8001208008).
- alinma branches.
* Terms and conditions apply.