Alinma Bank - Personal Finance

Alinma Bank

Features:

       Special offers on profit margins, APR 3.61%. The offers are valid from March 6 to April 5, 2025.

       Choose from shares approved by the Alinma Shariah Board.

       Get personal financing up to SAR 7.5 million.

       Enjoy a repayment period of up to 60 months.

       Available for both Saudis and expatriates.

       Fully Sharia-compliant.

Alinma Bank - Personal Finance :

Get a personal financing that meets your needs with several Shariah-compliant options, either through commodities or Murabaha stocks financing, with the possibility of obtaining financing also for qualified customers who are committed to existing financing with a deduction of less than 33.33% where personal financing can be Provided from Alinma Bank with the remaining deduction percentage.  


Flat Rate

3.61%

Minimum Salary

SAR 3000

Monthly Payment

Salary Transfer

Yes

Fees & Costs:

• Administrative fees: equivalent to 1% of the financed amount, with a maximum limit of SAR 5,000.


Eligibility:

• Salary transfer to Alinma Bank.

• Minimum age of 18 is required for Saudis.

• Minimum age of 21 is required for expats.

• Maximum age of 75 years for retirees.

• Minimum net salary starts from SAR 3,000, depending on the sector.