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

Minimum Salary needed Not mentioned
Maximum amount available JOD 20,000
Length of Loan 3 Years
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 comfortably ranked among the kingdom’s premier and oldest banks. It fulfills its banking mandate in line with the provisions of Islamic Shariah law as it meets the fast growing demand for excellent services and Islamic banking products.

IIAB PLC was formally launched in 1930 and boasts of more than 600 branches spread across 30 nations and 5 continents respectively. It is not a wonder that in 2014 it was named the Best Trade Finance Provider in the Middle East. The bank is also committed to equitably serve its corporate and individual customers, whether citizens or aliens.

Amman

On the North West hills of Jordan quietly lies Amman. 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.

It is a balanced mix of two historical eras that has the old town on the East and the modern town on the West. Amman boats of an ancient history that can be goes back to the ancient Biblical ages when it was known as Rabbath Ammon and Philadelphia respectively.

Personal Loan - Travel Service Murabaha Finance

It is one among many unique and customized loan products that IIAB offers. It is designed to suite your personal travel needs so that you can travel and make the best out of your time out- you and your family.

Core Features:

  •     Loan amounts that fully finance your travel needs;
  •     Loan period of up to seven years;
  •     Grace period of  up to 4 weeks;
  •     Guarantor/s not needed;
  •     Flexible re-financing;  
  •     Installments can be postponed when necessary;
  •     Buy-out loans facilities also available; and
  •     Non rigid application procedures that need only simple documentation.

You will require:

  •     Valid national ID card ;
  •     Valid resident Visa if you’re an  alien; and
  •     Latest salary, revenue or employment verification papers.