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  2. Individual Financing
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  4. Tawarroq and Morabaha

Tawarroq and Morabaha

There are always personal and family needs, whether there is an intention to have personal finance to meet specific needs, to own a new car or to have new furniture. Nayifat Finance Company provides the possibility of financing them easily with flexible and several financing offers (Tawarooq and Murabaha). The financing service provided by Nayifat company is in compliance with Islamic shariah. It had been created to meet your financial needs and requirements easily and with the least required documents and conditions, in addition to the fast procedures for acceptance and approval. It is also supported by a flexible payment options that help you to pay your installments easily.

Advantages & Benefits

  • Compliant with Islamic Shariah
  • Personal finance up to SAR 300,000
  • Competitive profit margin
  • Payment period up to 60 months

 

Smart Loans (Without guarantor)
Loan / Finance Amount Maturity in Yeares *APR Monthly Payment Amount
95,000.00 5 29.96 2824
50,000.00 3 30.53 2005
20,000.00 1 60.65 2076

 

Regular Loan
Loan / Finance Amount Maturity in Yeares *APR Monthly Payment Amount
135,000.00 5 26.82 3817
70,000.00 4 27.18 2249
30,000.00 2 46.51 1777

 

SME Loan (Monthly)
Loan / Finance Amount Maturity in Years *APR Monthly Payment Amount
1,000,000 5 20.73 25,417
3,000,000 3 22.20 109,584
5,000,000 1 24.22 458,334

 

SME Loan (Quarterly)
Loan / Finance Amount Maturity in Years *APR Quarterly Payment Amount
1,000,000 5 21.70 77,500
3,000,000 4 21.03 266,250
5,000,000 2 22.25 756,250

 

SME Loan (Semi-annually)
Loan / Finance Amount Maturity in Years *APR Semi-annually Payment Amount
1,000,000 5 20.64 155,000
3,000,000 3 21.14 655,000
5,000,000 2 22.48 1,537,500

 

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