A product which is compliant with the Islamic Sharia, through which our customers can own the commodities they
require such as electronic equipment , cars and construction materials Based on the murabaha basis so that the bank
buys the commodity and sells it to the customer with a profit value known to both parties. In a very convenient
installments program, and a very competitive Murabaha rate.
Types of financing:
- Financing of new or used cars (No Mortgage)
- Finance of furniture and electrical appliances
- Financing of construction materials
- Financing up to JD 70,000.
- Flexible tenor up-to 8 years.
- The possibility of Family joint income is considered.
- Murabaha starts from 3.5%.
- Sharia compliant product.
- Without guarantor.
- Free Takaful Insurance, compatible with Islamic Sharia.
Terms of financing:
- The work period should not be less than 6 months for the private sector and 3 months for the public sector.
- The net monthly income should not be less than 250 JD for the public sector and 350 JD for the private sector.
- Transfer your salary to the bank.
- Valid ID Statement of account for the last six months (signed & stamped).
- The last salary slip.
- Valid ID.
- Proof of Residence (Water or Electricity Bill) and If the client resident is rental, the client should provide
the bank with the leasing contract and Water or Electricity Bill.
- P.O. Box and Zip Code.
- Salary transfer letter.
- The commodity price quotation, including the details of the commodity and the seller.
* The bank holds the right to require any additional documents to complete the application.