Real Estate Financing

We Fulfill Your Ambitions

We, at Alinma Bank, participate in fulfilling your dream by financing a completely built property, in the form of (Murabaha), which is fully Shariah compliant and reflect our values, which are based on innovation, respect and transparency.

Features That Meet Your Needs

• Exemption of beneficiaries in case of death*
• Liberty to choose a property under construction or uncompleted from Authorized real estate office
• Liberty to choose appropriate dwelling (villa, apartment, building, rest house, land)
• Funding up to S.R. 10 Million
• Settlement period up to 25 years*
• Administrative fees equivalent to 1% of the financed amount or SAR 5000 (whichever is less)
• fully Shariah compliant   
• Easier Requirements For A Better Service

For The Completed Property:

• Global limit request.
• Price offer.
• Real estate deed and owner's details (name and contact information).
• Bring the legal agency and the ID of the legal agent (in the case of there is an agent for the owner).
• Municipality permission letter.
• Completed real estate financing application form

For Your Dream House That Is Fully Built, The Following Specifications Should Be Met:

• The property should not be older than 30 years*
• The property needs to be located within an urban area
• The property should be built and equipped with services
• Service availability (water, electricity)
• ( Esterahah – chalet – Agriculture land- Villa – Residential Building – Commercial Building – Apartment) 

 (Global limit) application requirements:

• Open a current account with Alinma Bank 
• Obtain a certified letter from your employer indicating your salary and service period details
• Obtain a certified letter from your employer verifying your salary deposit with Alinma Bank (assignment of salary and benefits)
• Employer must be from Alinma list of approved employers
• ID Copy

*For more information Please call 8001208008