Murabaha Home Finance

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).

 

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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.