Disclosure of Annual Percentage Rate for Auto Leasing

Annual Percentage Rate (APR):

The discount rate at which the present value of payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.

Auto Leasing Products:

Example of Auto Leasing with structure lease to own for salary transferred as below:

Asset Type Finance amount Maturity in years Annual Percentage Rate (APR) Monthly repayment amount SAR Residual Value
Car 51,325 5 9.55% 861,64 15,397.50

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.


Example of Auto Leasing with structure lease to own for non- salary transferred as below:

Asset Type Finance amount Maturity in years Annual Percentage Rate (APR) Monthly repayment amount SAR Residual Value
Car 62,975 5 15.61% 1,229.83 15,000

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.


Example of Auto Leasing with structure lease to own for business owners as below:

Asset Type Finance amount Maturity in years Annual Percentage Rate (APR) Monthly repayment amount SAR Residual Value
Car 115,000 5 18.83% 2,306.35 11,500

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

Credit Cards

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