Prices of financing products

Last modification: 12 Oct 2023

Customer type? Saudi

Financing amount required SAR

Tenure months

3 months 4 months 5 months 6 months 7 months 8 months 9 months 10 months 11 months 12 months 13 months 14 months 15 months 16 months 17 months 18 months 19 months 20 months 21 months 22 months 23 months 24 months

Salary SAR

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

APR: 36.93 %

Management Fees: 34.50 SAR

Total Cost: 242.48 SAR

Total Repayment Amount: 3,202.80 SAR

With personal finance, monthly installment is:

SAR 1,068*

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 (SAR) Maturity in Months APR% Monthly Payment Amount (SAR)
20,000 12 61.63% 2118 SAR
30,000 18 60.1% 2343 SAR
50,000 24 58.32% 3211 SAR

The above table is just example and APR may differ depending on the amount, the maturity period, and the credit scoring of each customer.      

* Installment Deferment Fee:  SAR 200.00 (this is only applicable upon request from the customer via the mobile app for the service).  
* Interest rates vary by tenor & subject to Tamam policy.
* Administration fee : 1% of finance amount (capped at SAR 5,000). whichever is lower
Early settlement fees : 3 months term cost from date of finance closure.