Product Installments

You can pay in an easy monthly installments for goods provided by our approved merchants without profit margin or administrative fees, in a fully Shariah compliant procedures.

Apply Now

Features:

• No administrative fees or profit margins
• Full service is guaranteed from the merchant with same cost.
• Financing amount of up to SAR 500,000
• Repayment periods up to 12 months
• Available for both Saudis and expats
• Ability to provide the service to another beneficiary of the customer's choice.
• Fully Shariah-compliant
• Outstanding balance will be waived in case of death (God forbid)

Terms and Conditions:

• Without salary transfer for customers salary SAR 15,000 and above.
• Financing retirees up to the age of 74
• Minimum age of 18 is required
• Only valid for services provided by merchants approved list.
• SAR 3,000 minimum salary is required according to the sector classification.

Apply Steps:

1. Applying for the service by visiting an approved merchant and getting “Offer and Acceptance Form”.
2. Visit the nearest Alinma branch or call Alinma phone and submit “Offer and Acceptance Form”.
3. Complete the installment request procedures.
4. Receive the “Empowerment Letter” from Alinma Bank and submit it to the entity