Murabaha

It allows you to own your dream car through Al Yusr in easy installments.


Advantages:

  • Financing amount up to SAR 750,000.
  • No guarantor required up to SAR 100,000.
  • Possibility to finance pre-owned vehicles.
  • Competitive profit margin.
  • Financing tenor up to 48 months.

General Conditions:

  • For Saudis Only.
  • Public & Private Sectors: Minimum salary of SAR 10,000.
  • 3 Months for employment experience period.
  • Age from 18 – 60 years, and up to 70 years for pensioners.

Required Documents:

  • Proof of income letter verified by Chamber of Commerce (Private Sector).
  • Valid ID.
  • Valid driving license.
  • Bank account statement.
  • National Address.
  • Car quotation (Must be accredited by Al Yusr).
  • Deduction Form (For Pensioners).

Calculated Examples:

*The above table is for example only , and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer
Montly Installment   APR  Tenor in years   Finance Amount
4,375 19.09% 4  150,000
2,625 19.09% 4      90,000
 1,500 19.75% 2 30,000

* Terms & Conditions are applied

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