September 30, 2026
When your financing obligations are spread across more than one bank or financing company, keeping track of different installments and due dates becomes an exhausting monthly burden. This is where debt consolidation finance comes in, a solution that combines your scattered obligations into a single monthly installment, with the option to get additional cash at the same time. This article explains what this product is, its requirements, and how to apply.
Debt consolidation finance, offered by Amlak International under the name Buy-In Financing, is a Shariah-compliant financing solution that lets you consolidate your existing financing obligations at different banks or financing companies into a single financing product with one monthly installment, instead of managing several separate payments across different providers. Amlak also offers the option of adding extra financing on top of the transferred debt amount, depending on your credit eligibility.
One unified installment instead of several scattered ones across different providers.
Additional cash - get extra financing on top of the amount you transfer.
Transfer from any entity - move your financing from any bank or financing company.
Everything from your mobile - a fully digital process with no branch visit needed.
Flexible terms - repayment plans of up to 60 months.
Shariah-compliant structures.
Exact requirements vary between providers, but the general conditions include:
Having existing financing with a bank or financing company that can be transferred.
A good credit record, since most providers review this before approving.
A minimum age, which some providers set at 21 for Saudi nationals and 23 for residents.
At least 6 months of continuous employment at some providers.
Having paid a certain number of installments with your current provider before applying, which can reach up to 3 installments at some providers.
Applying for Buy-In Financing typically requires a national ID and a mobile number registered with Absher, along with basic information such as age, employer, and financial solvency, plus confirming the application through Nafath and consenting to a credit record review through approved bodies like SIMAH.
You can apply for Buy-In Financing from Amlak International through the app: download the app and register, then submit your application for this product from the home page. Amlak's team then reviews your application and checks your eligibility and credit record. Once approved, the debt transfer is completed, and the additional financing amount is disbursed after 24 hours of meeting the requirements.
Amlak International offers a Buy-In Financing solution structured in a Shariah-compliant way, letting you consolidate your financing obligations of up to SAR 1,600,000 into a single financing product with one monthly installment, with the option of additional financing of up to SAR 456,000. No salary transfer or employer accreditation is required, and debt can be transferred from any bank or financing company, with flexible repayment plans of up to 60 months. The entire process runs digitally through the app with no branch visit needed, and the additional amount is disbursed within 24 hours of meeting the requirements.
Debt consolidation finance is a practical solution for anyone struggling to keep track of several scattered financing obligations, consolidating them into a single monthly installment and potentially providing an additional amount at the same time. Conditions and features vary between providers, so it's worth comparing available offers before making a decision.
Yes, you can combine more than one debt from banks or other financing providers into a single financing product with one monthly installment, subject to your credit eligibility.
Yes, all Amlak International products are Shariah-compliant and supervised by an approved Shariah board.
The additional financing amount can reach up to SAR 456,000.
After submitting your application through the Amlak app, the additional financing amount is deposited into your account within 24 hours of meeting the requirements.
No, salary transfer or employer accreditation isn't required to get this financing from Amlak International.
No, you can apply and complete all procedures through the Amlak app at any time, with no branch visit needed.