Islamic International Arab Bank PLC Personal Loan - Medical Treatment Finance /Musawamah Finance

Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan 1 Year
Profit Rate 0% Profit
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;

Islamic International Arab Bank PLC Amman

The Islamic International Arab Bank is among a few financial institutions rated as Jordan’s premier and oldest banks. The bank executes its banking roles in compliance with the values of Shariah law .

IIAB PLC was inaugurated in 1930 and it runs more than 600 branches worldwide, located in 30 nations and 5 continents.

In 2013, Global Investor named IIAB the Best Cash Manager in the Middle East and the Best Brokerage House in Jordan. Euro money named it the Best Bank in Jordan six years in a row. In 2013, Arabian Business recognized the bank as Regional Bank of the Year among many other awards.

Amman

Amman majestically lies on the North West hills of Jordan. The city is the royal capital and principal city of Jordan. It is also its largest and most populated city with a booming metropolitan population that has bursted beyond 4 million. Amman is also the principal cultural and economic base of the Jordanian Kingdom.

Amman is a balance of mixtures with two historical contrasts with the old city lying on the East and the modern city on the West. Amman boasts of a long history that goes back to the ancient Biblical epochs. Then it was known as Rabbath Ammon and Philadelphia respectively.

Personal Loan - Medical Treatment Finance /Musawamah Finance

IIAB cares about your most importance asset in life-your health. That is why the Arab Bank offers medical treatment financing under the Musawamah umbrella.

Features:

  •     Sufficient loan amount to fully finance your treatment needs;
  •     Loan period that goes  up to seven years;
  •     Grace period that runs  up to four weeks;
  •     No guarantors  are necessary for qualification;
  •     Flexible re-financing facilities;  
  •     Installments can be postponed; and
  •     Buy-out loans facilities available.

Requirements are as follows:

  •     Valid national ID card ;
  •     Valid resident Visa  for aliens; and
  •     Latest salary, revenue or employment verification documentation.