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
Enjoy the benefits of our Land Purchase Finance
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Flexible Tenor
Relaxed eligibility with tenor periods up to 10 years.
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High Finance Percentage
We will finance up to 60% of your land value.
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Convenient High Finance
Land Purchase Finance is available up to JOD 250,000.
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Joint Applications
You may jointly apply for financing with one of the following direct relatives: wife, husband.
Ready to apply for your Land Purchase Finance?
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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.
