Murabaha Finance - Personal Finance
Riyad Bank App
Unify your liabilities program offer
Riyad Bank offers customers a program to unify their current financial liabilities in other banks and companies. Riyad Bank seeks to manage customer’s financial liabilities and minimize resulted charges from such obligations through this program by offering affordable financial solutions supported by various features.
More Information
Riyad Bank purchases the desired shares on your behalf. You then have the option to sell the shares and transfer the liquidity to your current account or you can transfer the shares to your investment portfolio.
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Sharia compliant
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Possibility of financing pensioners up to the age of 72
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With salary transfer, outstanding balance will be waived in case of death
For Personal Finance APR disclosure, click here
Visit your nearest Riyad Bank branch with the following documents:
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Completed application for Murabaha Financing
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Salary certificate
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Salary transfer letter from the employer
For more information please call our toll free number 800-124-2020.
- Sharia-compliant
- The offer for Unify your liabilities program starts from 25/09/2023 to 28/09/2023.
- NS
- Payment of current financial liabilities in other banks and companies (personal loan, credit cards, home finance, auto lease)
- For Saudi customers only
- The net amount of financing must be 5,000 SAR or higher for approved entities, and 10,000 SAR or higher for non-approved entities after paying the debt.
- Finance up to 500,000 SAR for non-approved entities and 3 million SAR for approved entities
- Personal finance up to 60 months
- APR starts from 2.8%
- Easy and convenient procedures
- It includes private, government, semi-government, military and large corporate entities as well as the retirees
Apply Online - Murabaha
Riyad Bank offers you a Murabaha Shares Finance to provide you with direct liquidity as well as the ability to own the shares in accordance with sharia requirements.
