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Purchase of debt in the form of leasing (Available)

The company offers clients who wish to purchase indebtedness (in the form of rent), in compliance with Sharia, for a period of up to 30 years..

Advantages and benefits

  • Compatible with the controls of the Sharia Committee .

  • Benefit from the easy mortgage advantage provided by the Real Estate Development Fund

  • Fixed rental rate throughout the contract period

  • Financing period of up to 30 years

  • Possibility of financing without salary transfer

  • Deduction of up to 65% of salary

  • The possibility of solidarity

  • Benefiting from the housing support programs of the Ministry of Housing and the Real Estate Development Fund, and benefiting from the benefits of soft financing and other programs of the Ministry of Housing.

Conditions and required documents

  • The customer must not be less than 21 years old

  • The client must be on the job for more than 3 months

  • The client’s monthly income must not be less than 7,000 Saudi riyals

  • The client must be a beneficiary of the Real Estate Development Fund or the Ministry of Housing

  • The customer must not be more than 75 years old at the time of the last payment of monthly installments

Last Update : 26 March 2026 10:30 PM Visits: 71