Why buying is right for you

This product offers customers 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 (Lease to Buy اجارة منتهية بالتمليك)).

  • Fully Shariah compliant
  • Competitive Ijara Rate
  • 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 
  • The possibility of accepting the income of the spouse.
  • Registering the property in the Banks name and renting it to the customer.

Enjoy the benefits of our Home Finance for Expats in KSA

  Ready to apply for your Home Finance for Expats in KSA ?

   Let's get started.
   What type of customer are you?

  • Al Rajhi Customer in KSA
  • Non Al Rajhi Customer in KSA

Here are the things that we’ll need from you…

 

          Ijara Rate of 6.5% fixed for the 1st year for Rajhi customers in KSA

          Eligibility & Criteria

  • Between the age of 22 to 60

  • Minimum income of JOD 2,000
  • Rajhi customers in KSA : 2 years OR a minimum working period in the company of 1 year for salaried customers provided that:
    *They have been confirmed in the job.
    *They have a minimum 3 years working experience in the same country and the same field

 

       

 

 

 

Here are the things that we’ll need from you…

 

          Ijara Rate of 7% fixed for the 1st year for Rajhi customers.

          Eligibility & Criteria

  • Between the age of 22 to 60

  • Minimum income of JOD 2,500
  • Rajhi customers: 3 years OR a minimum working period in the company of 1 year for salaried customers provided that:
    *They have been confirmed in the job.
    *They have a minimum 3 years working experience in the same country and the same field