Prices of financing products
Last modification: 04 Sep 2023
* 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: 0.00 %
Management Fees: 0.00 SAR
Total Cost: 0.00 SAR
Total Repayment Amount: 0.00 SAR
With personal finance, monthly installment is:
SAR 0*
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 | 1 | 8.83% | 5,379 |
| 7,500 | 2 | 21.64% | 4,319 |
| 10,000 | 3 | 34.98% | 4,092 |
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.