Islamic International Arab Bank PLC Personal Loan - Education Service Murabaha Finance

Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan 1 Year
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility Public sector employees and Companies accredited by the Bank; Price quotation
Main Features Finance up to 100%; Free E-services; A fixed installment throughout the financing period

Islamic International Arab Bank PLC Amman

Islamic International Arab Bank is one of Jordan’s prime banking institutions and among the oldest. It performs its banking operations in accordance with the provisions of Islamic Shariah law in order to meet the swelling demand for excellent services and Islamic banking products.

The Islamic International Arab Bank was established in 1930 and it boasts of more than 600 branches operating in 30 nations in 5 different continents across the world. That is why it is an international force to reckon with. It is not surprising that last year it was feted as the Best Trade Finance Provider in the Middle East.IIAB also commits to serve its corporate and individual customers equally.

Amman

Amman is a city on the hill and serves as the royal capital and principal city of the Jordanian Kingdom. It is also its largest and most populated city with fast increasing population that has soared to over four million. It doubles for a modern city as well as an ancient historical site with a long ancient history that can be traced back to the ancient Biblical days.

The city also serves as the Kingdom’s main social-economic hub. Amman can be zoned into two historical sites namely, the ancient city on the Eastern side and the modern city on the Western end.

Personal loan- Education Service Murabaha Finance

IIAB supports and believes in your dreams to develop and widen the horizon of your productivity in life. It is because of this that the Arab Bank offers customized personal loans that will help you fulfill your educational dreams under Murabaha Financing.

Key features:

  •     One  year duration;
  •     Eligibility-Public sector employees and companies accredited by IIAB;
  •     Up to 100%;  
  •     Free E-services; and
  •     Fixed installments throughout the financing term.

Mandatory requirements:

  •     Proof of identity;
  •     Resident Visa for applying aliens;
  •     A valid national ID card for locals or a valid Jordanian passport; and
  •     Proof of income.