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Business

Bab Rizq Jameel Micro-finance 

Small business, big dream

Accelerate your micro business expansion with our microfinance solutions. We offer Sharia compliant productive assets finance with easy payment plans for young Saudis, entrepreneurs, and productive families in Saudi Arabia.

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    1.  Calculate the desired amount. 
      Begin the fast financing process by calculating the desired cash you need.
    2. Fill and submit the application form. 
      Fill out and submit the application form, providing the necessary information to initiate the financing process quickly and efficiently
    3. Our representative will be happy to contact you. 
      Our representative will be delighted to get in touch with you and finalize the financing details.
    4. Visit the branch and provide the necessary documents.
      Gather the essential documents, including identification, proof of income, and any other necessary paperwork, to facilitate a seamless and efficient financing process.
    Application Steps
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    Financing amounts range from 20,000 to 100,000 Saudi riyals.

    Financing Features

    Financing period starts from 24 months up to 48 months

    Financing Features

    Admin Fees 1 %

    Financing Features

    *APR may differ depending on the amount and the crediting period

    Financing Features

    Original National ID (for both the customer and the guarantor)

    Required Documents

    An Identification Letter from the employer for the guarantor and customer, if available.

    Required Documents

    A Social Insurance Statement for the customer and the guarantor (if employed in the private sector / not currently working).

    Required Documents
    • Saudi Nationals.
    • Between 18 and 60 years of age.
    • Must have a guarantor.
    • Business must be feasible or established. 
    Start your Financing Process today!

    Don't let funding halt your business growt

    We make it our mission to support entrepreneurs, SMEs, and families in Saudi Arabia through Bab Rizq Jameel Microfinance, offering Sharia-compliant loans with flexible terms for.

     

    • Saudi National

    • Between 18 and 60 years of age

    • Must have a guarantor

    • Business must be feasible or established.

    *APR may differ depending on the amount and the crediting period

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    Frequently Asked Questions

    Frequently Asked Questions

    Is it required for the customer and the guarantor to reside in the same city?

    No, it is not required.

    What are the guarantor requirements?

    The guarantor can be a government or private sector employee or a retiree, with obligations not exceeding 50% of their salary, and their age should not exceed 65 years.
     

    What are the basic financing conditions?

    Having a project and providing a guarantor based on specific conditions.