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The latest price update was on 21/03/2023

Consumer Product Financing

Consumer Product Financing

You can obtain electronics, home appliances and furniture by Murabaha for up to 5 years, which provided Abdul Latif Jameel United Finance Company.

* Conditions (For individuals):

  • Saudis:
    • Government sector employees.
    • Private sector employees who have spent at least 1 years in the company prior to the date of submitting the application.
  • Non-Saudis:
    • For those who work in government Sector or companies listed on the Saudi stock market only.
  • The financing amount ranges from 10,000 to 100,000 Saudi riyals.
  • The financing period ranges from 12 months to 60 months.
  • The minimum salary is 3,000 Saudi riyals.
  • Without a Guarantor.

Required documents (For individuals):

  • A recent salary letter certified by the responsible authority.
  • A copy of the national ID or a valid residence permit.
  • A copy of the social security certificate (for private sector guest).

Partner
Amount
SR.
Net Income
Period

Financing Results

Period

Monthly Payment

APR

Annual Percentage Rate (APR) is a number that represents the total yearly cost of borrowing money, expressed as a percentage of the principal loan amount.

Total Cost












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