Home Finance Ijara

This product offers you the opportunity to buy a home based on the principle of participation (Musharaka). The property will be owned by the bank and leased to the customer (Ijara Muntaheya bil tamleek اجارة منتهية بالتمليك).

Apply Now

Leasing finance has the following features:

  • Sharia compliant product.
  • Financing Up to JD 500,000 Villa - 250,000 Apartments
  • Leasing tenor up to 25 years
  • 80% Financing percentage
  • Family joint income is considered
  • The product is on share principle between the bank and the client for buying the house and then the bank rent his share to the client

Documents Needed

  • Valid ID
  • 6 months bank statement that shows your monthly income
  • Salary Slip for the last month
  • Property registration papers
  • Regulatory site map
  • Land Maps
  • Get a quotation addressed to Al Rajhi Bank from the owner of the property
  • Get an appraisal value of the property

* Bank’s Terms and Conditions will be applied