Consumable Finance:

The TAAJEER Finance Company offers a consumable finance product, which enables customers to finance their needs such as electronics and furnishings as well as the entertainment supplies like motorcycles and water vehicles with a Murabaha system for individuals in compliance with Islamic Sharia through easy monthly installments and easy payments for a period of up to 3 years.

Features:

• The possibility of financing for citizens and residents
• Fast approval
• No down payment
• Without salary transfer
• Without a sponsor or an identifier
• Ease of payment
• After-sales service
• The possibility of repayment up to 36 months

The conditions:

• Customer’s age starts from 21 years
• The monthly income starts from 4000 riyals
• The period of service for the government sector is not less than one month / 3 months for the private sector

Requests:

• Filling out the application form
• A copy of the national identification card
• 3-month bank account statement
• A copy of the national address
• A copy of the social insurance | For the private sector

Calculate finance

The prices shown are approximate prices and are subject to terms and conditions according to the credit policy of the financial leasing company.

Examples of financial calculation

Example 1:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount
Consumer Product	15,000	1 years	32.86%	1,453

Example 2:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount
Consumer Product	15,000	2 years	31.38%	820

Example 3:

Asset type	Financed amount	Accrual in years	Financing ratio rate	The monthly installment amount
Consumer Product	15,000	3 years	30.13%	609