Acceptance Criteria for consumer financing
- Age is not less than 18 years.
- Salary starts from 3,500 SAR.
- The period of service for the government and private sectors is not less than 3 months.
- Having a valid license.
Requirements for consumer financing solutions
- ID
- National address
- Bank statement for the last 3 months.
- Fill out the financing application form.
- consumer financing Without salary transfer
- Without sponsor
- Fast approval
- Multiple sales channels
- Flexible repayment term up to 60 months
- Very competitive profit rate starting from 8%
- Without salary transfer
- Without sponsor
- Fast approval
- Multiple sales channels
- Flexible repayment term up to 60 months
- Very competitive profit rate starting from 8%
Helpful Questions & Answers
It is a financing system that allows customers to finance their needs from electronics and furniture to entertainment supplies such as motorcycles and watercraft using the Murabaha system for individuals that is compatible with Islamic Sharia.
You can obtain consumer financing from our authorized consumer finance partners or through any showroom by providing us with a quote.
You can choose the financing period from 6 months to 60 months.
Can’t find an answer about consumer financing? Please, Contact us
Calculate your loan easily
*The prices shown are approximate prices and are subject to terms and conditions according to the credit policy of the financial leasing company and do not include the insurance value. (According to the insurance controls, the insurance rate is based on the client’s insurance record).
Financial
calculation examples
Last Updated On: 01-07-2025
1 Year
Calculation
Asset type
Consumer Product
Financed amount
15,000
Accrual in years
1 Year
Financing ratio rate
32.86%
monthly installment amount
1,453
2 Years
Calculation
Asset type
Consumer Product
Financed amount
15,000
Accrual in years
2 Years
Financing ratio rate
31.38%
monthly installment amount
820
3 Years
Calculation
Asset type
Consumer Product
Financed amount
15,000
Accrual in years
3 Years
Financing ratio rate
30.13%
monthly installment amount
609
The Annual Percentage Rate (APR) may vary depending on the amount, repayment period, and each customer’s credit rating.
