How can I apply for the Home Finance product with Amlak International?

You can apply by filling out the application on our website, and we will get in touch with you directly. You can also visit your nearest branch to learn more about our financing solutions or call us at 8001185000.

What types of properties are eligible for home finance?

We offer home financing for ready properties, lands, and commercial properties.

How is the profit rate calculated for home finance?

It is calculated based on your salary, the finance amount, the financing tenure, and the down payment.

What documents are required to apply for home finance?

The necessary identification documents, your credit score, monthly revenue, and service period.

Is home finance available for both citizens and expatriates?

Yes! Our home finance products are available for both citizens and expatriates.

Can I sell the property before the completion of the financing period?

Yes, you are allowed to sell the property before the completion of the financing period under certain terms.

What happens if the property's value changes during the financing period?

When the property's value changes during the financing period, the overall assessment of the finance arrangement may vary. Our team will inform you of any adjustments or changes after evaluating your application.

How is the home finance monthly payment calculated?

The monthly payment is calculated based on your salary, property value, tenure, and down payment.

Is there a grace period for home finance repayments?

While there is no grace period for home finance repayments, we offer flexible repayment terms to suit your financial situation.

Can I make extra payments towards my home finance to pay it off faster?

Yes, you may repay your home finance before the agreed term or make partial payments. This can be done through multiple payment options. For further details, please call us at 8001185000.

Sharia Compliant Home Financing | Amlak International

Ready Property Land Subsidized Program

We empower you with a range of flexible, tailored shariah compliant home financing solutions to smoothly guide your way.

Embrace simplicity with our Ready Unit Home Finance product. Based on the concept of "Ijarah" or leasing, we make owning your dream home a breeze. We purchase a property according to your preferences, then sell it or lease it to you with easy monthly installments. You gain full ownership once the financing is fully paid.

Financing Advantages

Fully Shariah-compliant financing
Available across all sectors
Open to both Saudis and non-Saudis
Attractive profit rates
Financing of up to SAR 5,000,000
Flexible payment plans of up to 30 years
No salary transfer required
Includes Takaful real-estate insurance against fires and natural disaster
Property subleasing possible with Amlak International approval
Options for early or partial settlement

Eligibility Criteria

Age

- Minimum of 21 years old when applying to financing.
- Maximum of 70 years old at maturity for regular individuals.
- Maximum of 65 years old at maturity for self-employed individuals.

Installments Period

- Minimum tenure of 60 months (5 years).
- Maximum tenure of 300 months (25 years) for villas, apartment, or residential buildings.
- Maximum tenure of 240 months (20 years) for lands and commercial properties.

Property Age

A maximum of 45 years at maturity.

Financing Amount

- A maximum of SAR 5,000,000.
- A fixed rate of SAR 1,000,000 for small cities and SAR 2,000,000 for large cities.

Length of Service (LOS)

- 3 months for governmental and semi-governmental sectors.
- 6 months for private sectors A and B.
- 36 months for self-employed individuals.

We empower you with a range of flexible, tailored home finance solutions to smoothly guide your way.

Take the first step to building your dream home with our Land Purchase program. Based on the concept of Ijarah, Amlak purchases the land on your behalf and then sells or leases it to you. You pay a portion of the selling price upfront, with the remaining balance paid to Amlak in convenient monthly installments.