Alinma Bank House Loan - Real Estate Financing 

Minimum Salary needed Not mentioned
Maximum amount available S.R. 5 Million
Length of Loan 30 years
Profit Rate Not mentioned
Upfront Fees ( if any ) No
Eligibility The property should not be older than 15 years; The property needs to be located within an urban area; Employer must be from the Alinma list of approved employers
Main Features Exemption of beneficiaries in case of death; Liberty to choose a property under construction or uncompleted from Authorized real estate office; Liberty to choose appropriate dwelling (villa, apartment,building, rest house, land); Possibility of joint liability between any 2 persons – Family relation is not a mandatory condition (for the first time in the Kingdom); Guarantor is not required; Possibility of early possession (best cost in Early repayment); First Time in Saudi Arabia: Available for both Saudies and legal residents; 30 - year term: Profit margin recalculated every 2 years; 30 - year term: Profit margin recalculated every 5 years; 15 - year term: Fixed profit margin

Alinma Bank-Jeddah-Jeddah

Alinma Bank is a joint stock company pieced up according to a Royal Decree of 2006 and Ministerial Resolution of 2007. The bank was founded with share capital of SAR 15 billion, comprising of 1.5 billion shares with a nominal value of SAR 10 per share.
The bank provides a wide-spectrum range of Shariah-compliant retail and corporate banking and investment solutions.
The bank is dedicated to deliver services to its customers through a strong network of branches cross the kingdom and also through a strong network of ATMs that total up to 1,000 as at December 2014. It has also integrated modern technology into its service delivery machinery in order to serve its clients better.


Jeddah is a modern cosmopolitan in the coastal region of the Red Sea and it is the principal urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after Riyadh, the kingdom’s royal capital. Teeming with a population of 5.1 million people, Jeddah is a prime trade den in Saudi Arabia the same sense Riyadh and Dammam are in their different respective functions, importance and geographical positioning.

In economic issues, Jeddah is focused on developing capital investment in scientific and engineering excellence and leadership both in Saudi Arabia, and the Middle East at large. Jeddah has a long history that is decorated by popular money changers.

Real Estate Financing

The dream to own one’s own home is both valid and achievable. It is in recognition of this fact that we customized our home and real estate to enable your dreams come to fruition.

Key benefits and features:

  •     Exemption of beneficiaries from repayment liability in case of death;
  •     Zero administrative fees;
  •     Liberty to choose appropriate dwelling
  •     Funding of up to SAR 5 Million;
  •     Repayment period of up to 30 years;
  •     Joint liability available; and
  •     Guarantor is not needed.

Requirements and qualifications:

  •     Open an Investment account with Alinma Investment;
  •     Your employer must be from the Alinma list of approved employers;
  •     Open a current account with Alinma Bank; and
  •     Produce a certified letter from your employer outlining your salary and service period details.