A finance product that provides you with the opportunity to purchase a property unit from the market (completed or unfinished property, land) on a Murabaha basis as a finance option offered to all Alinma Customers (subsidized and non-subsidized).
Features that meet your needs:
- Fully Sharia’h-compliant finance based on Murabaha.
- Providing an initial finance calculation.
- Financing up to the age of 75 years.
- Financing up to SAR 10 Million.
- Possibility of financing non-accredited entities.
- Settlement period up to 25 years.
- Acceptance of completed units up to 30 years of construction.
- Applicable to flexible installment.
- Acceptance of real estate all over the Kingdom.
- Financing unfinished property units.
- Financing without salary transfer.
- Early payment option.
- Exemption of beneficiaries in case of death or total disability, God forbid (terms and conditions apply).
- Profit margin starting from 2.99% and APR 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.
Or through the following channels:
- Alinma phone (8001208008).
- Alinma branches.
* Terms and conditions apply.
*Note: The Murabaha Home Finance product may carry certain risks associated with the product, such as, but not limited to, the property being part of the seized assets. By submitting your financing application, you acknowledge your full awareness of the risks associated with this product.