Buy Out

As part of our endeavor to provide our clients with diverse finance solutions, we offer the personal finance Buyout to pay the personal finance obligations with local banks and merge it in one installment at Alinma Bank with a competitive profit margin.

 

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Feature:
  • Fully Sharia’h-compliant.
  • Repayment period of up to 60 months.
  • Waiver of the outstanding finance balance in the event of death or total disability (God forbid).

 

Terms and Conditions:
  • Available for Saudi clients only.
  • Minimum age: 18 years.
  • Available for the employees of approved entities.
  • Administrative fees equal 1% of the finance amount (maximum SAR 5,000).

 

Channels:
  • Alinma Phone (8001208008).
  • Alinma Branches.
  • Alinma App.

 

* Administrative/broker fees are subject to VAT.

* Terms and conditions apply.