Purchase a Home " Villa or an Apartment"

With housing finance from Al-Rajhi Bank, now you can own the home of your dreams with leasing or Murabaha finance.

Leasing finance has the following features:

  • Compliant with the provisions of Islamic Sharia
  • Monthly installment approximate to monthly rent payment
    Up to JD 500,000 financing
  • Leasing tenor up to 25 years
  • 80% Financing percentage
  • Competitive rate
  • Family joint income is considered
  • Special program to finance Jordanian expatriates

Murabaha finance has the following features:

  • Compliant with the provisions of Islamic Sharia.
  • Up to JD 500,000 financing.
  • Finance tenor up to 10 years.
  • 80% Financing percentage.
  • Fixed Murabaha rate throughout the financing period.
  • Family joint income is considered.
  • Fixed commission for all financing amounts.
  • Special program to finance Jordanian expatriates.

Steps

  • Open an account
  • For Professionals: Prove monthly income
  • For Employees: Transfer salary to your account at Al Rajhi
  • Fill the application form, and provide us with the property documents
  • Property evaluation
  • We buy the property and sell/lease it to you
  • Signing the contact when approved

Conditions to be met

  • Age of applicant must not be less than 22 years
  • Length of service must not be less than 3 months for the public sector, 6 months for the private sector
  • Net monthly income must not be less than 250 for the public sector, 300 for the private sector

Documents Needed

  • Complete application
  • SIMAH Application (download)
  • Property registration papers
  • Regulatory site map
  • Land Drawings
  • Get a quotation addressed to Al Rajhi Bank from the owner of the property
  • Get an appraisal value of the property
  • Identification card
  • 6 months bank statement that shows your monthly income
  • Salary Slip for the last month


* Bank’s Terms and Conditions will be applied

You can apply for financing by

  • Calling us on : +962 6 563 3030
  • Visiting us at any of our branches