Apply online for Free
Fill in your details and a bank or a financial company representative will contact you within 48 business hours. All FOR FREE with no obligation to buy the financial product after applying
Al Rajhi Bank - Murabaha Financing for Private Sector

Reducing Rate
6.5%
Max. Financed Period
10Yrs
Min. Monthly Income
350JD
Down Payment
20%
Guarantor Required
No
Salary Transfer
Yes
Quick Info
  • Sharia compliant product
  • Family joint income is considered
  • Finance tenor up to 10 years
Main Features
  • Up to JD 500,000 financing land or house financing up to 250,000 for Apartments and lands 500,000 villas
  • 80% Financing percentage for Apartments, 60% Financing percentage for Lands
  • Fixed Murabaha rate throughout the financing period.
  • Property will be registered in the name of the customer with a 1st degree mortgage for the favor of the bank.

Source

https://www.alrajhibank.com.jo/ar/documents/products-rate2017.pdf
https://www.alrajhibank.com.jo/ar/personal/personal-finance/pages/equity-release-murabaha.aspx  
Required Documents
  • Valid ID
  • 6 months bank statement that shows your monthly income
  • Salary Slip for the last month
  • Property registration papers
  • Regulatory site map
  • Land Maps
  • Get a quotation addressed to Al Rajhi Bank from the owner of the property
  • Get an appraisal value of the property