Riyad Bank recently launched "Tasheel Program" to enable payroll customers to get 25% advance of the net salary. This comes as part of the bank’s efforts to cater to the aspirations of its customers through creating remarkable financing solutions and banking services.
This program is Shari’a compliant without a profit margin, especially designed for governmental, semi-governmental and private sector workers to provide them with a salary advance not exceeding 25% of their monthly salary deposited at Riyad bank. The salary advance amount must be fixed throughout the period of annual subscription.
Riyad Bank is one of the leading banks in the financing sector, as it is the first option for those looking for unique financing solutions that meet their needs and expectations.