Build a home on your
dream property

Murabaha structured product program offers you the opportunity to own a new property. The bank buys the property with a promise from the to buy it from the bank. Selling price will include known profit to be added to the original purchase amount. 

  • Fully Shariah compliant
  • Fixed Murabaha rate

Ready to apply for your Land Purchase Finance?

  • Am I eligible?

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

Eligibility & Criteria

  • Must be a salary transfer customer
  • Employment period:
    • Public Sector: over 3 months
    • Private Sector: over 6 months
    • Private Sector:(Non TML )  over 12 months
    • Professionals : over 3 Years 
       
  • Net income:
    • Public Sector: over JOD 300
    • Private Sector( TML): over JOD 400
    • Private Sector( Non TML): over JOD 500 
    • Professionals : over JOD 1000
       
  • Must be a salary transfer customer

Required Documents

  • Regulatory site map
  •  Valid ID and Certificate of appointment for the military.
  •  6 months bank statement that shows your monthly income.
  •  Salary Slip for the employees.
  • 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.