Prices of financing products

Last modification: 15 Nov 2021

Customer type? Saudi

Financing amount required SAR

Tenor months

Salary SAR

* Interest rates vary by tenor & subject to Tamam policy
* Administration fee : 1% of finance amount (capped at SAR 5,000). 
Early settlement fees : 3 months term cost from date of finance closure.

APR: 8.83 %

Management Fees: 34.50 SAR

Total Cost: 267.18 SAR

Total Repayment Amount: 3,227.50 SAR

With personal finance, monthly installment is:

SAR 3,228*

APR may differ depending on the amount and maturity period and subject to credit scoring for each customer

* Subject to terms and conditions

Example of how monthly installments are calculated
Islamic Non – Salary Islamic Financing

Example of how monthly installments are calculated  
Islamic Non – Salary Islamic Financing

Financing Amount Maturity in Months APR* Monthly Payment Amount
5,000 3 34.98% 2,046
10,000 4 41.87% 3,150
15,000 5 53.17% 3,975

The above table is just examples and APR may differ depending on the amount, the maturity period, and the credit scoring of each customer.
* Interest rates vary by tenor & subject to Tamam policy
* Administration fee : 1% of finance amount (capped at SAR 5,000). 
Early settlement fees : 3 months term cost from date of finance closure.

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