Build Your Property with Financing Aligned with Your Vision
A financing product that enables you to build or complete your property with flexible payments disbursed according to approved construction completion stages—making it an ideal choice for all customers, whether subsidized or non-subsidized. With the option to mortgage the property, the Self-Construction product offers greater financial flexibility and a clearer path to homeownership.
Self-Construction Financing Benefits:
- Fully Sharia-compliant finance based on Murabaha.
- Freedom to design and build your property.
- Providing initial financing estimates to support better financial planning.
- Financing up to SAR 10 million and available until the age of 75.
- No down payment required.
- Financing may be accessible for non-accredited entities.
- Flexible repayment terms of up to 25 years.
- Option to apply the flexible installment feature.
- Nationwide real estate acceptance.
- Salary transfer not required for financing.
- Early payment option.
- Debt waiver in case of death or total disability (terms and conditions apply).
- APR starting from 5.62%.
Self-Construction Financing Requirements:
- 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.
- Attach a copy of the property deed.
- Provide a valid building permit.
- Submit a location sketch of the property.
For inquiries and assistance, you can reach us through the following channels:
- alinma Phone: 8001208008
- alinma branches.
* Terms and conditions apply.