Home Finance
Now you can purchase the property you’re dreaming of, whether it’s an apartment building, a finished or incomplete villa, an apartment or a plot of land, with Shariah-compliant mortgage programs from Saudi Hollandi Bank Home Finance. Take advantage of our easy and convenient finance based on Murabaha or Ijara with promise-of-ownership concepts.
Murabaha
Murabaha is a concept approved by the Shariah Board and applied at Saudi Hollandi Bank to finance your property. The Bank fully owns the property and has the right to dispose and then sell it to you in monthly installments over the specified period.
Ijara with the promise of ownership
Ijara with the promise of ownership is a concept approved by the Shariah Board and applied at Saudi Hollandi Bank to finance your property. The Bank fully owns the property and has the right to dispose of it. The Bank rents it to you for a specified period on monthly installments.
Features:
- On-the-spot approval
- Shariah-compliant
- Lowest profit rate starting from 1.99% annually *
- No downpayment **
- No management fees **
- Large finance amount **
- Tenure up to 30 years **
- Finance for employees of eligble sectors
- Finance for all property types
- In case of permanent total disability or death, the bank will waive the remaining payments and transfer the ownership to you or your inheritors
- Free insurance for housing unit against fire and natural disasters
Get the property you desire, today.
To apply, call 800 124 2525 or visit your nearest branch.
* The annual profit rate starts from 3.79%
** Terms and conditions apply.