Samba Home Finance - Ready/ Under Construction Apartments

Minimum Salary needed SR 5,000
Maximum amount available SR 3 million
Length of Loan 25 years
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility You should be a Saudi national who is at least 22 years of age; You should be working for a Samba-approved government, semi-government or private employer for at least one year; Conditions - Apartment should be free from any litigation, not be older than 20 years & should be unoccupied
Main Features Approved by the Shariah Supervisory Board; Finance up to 70% of the property value (Apartment); No guarantor required; An option of joint ownership with a first-degree relative to get a higher finance amount; You can repay earlier than the tenure you have availed; Fixed profit rate. With Bayt Al-Khair your profit rate will never change during the entire tenure of the finance and therefore your monthly installment will never change; In case of death or permanent total Medical disability, God forbid, all outstanding amounts will be considered paid subject to terms and conditions of insurance policy; Free Takaful property insurance

Samba Financial Group

There are a few accomplished and celebrated financial groups ruling Arabia’s banking world .One such group is Samba Financial Group. The Group has a solid reputation for world-class financial solutions matching the best in the world.
Since it was established, Samba has been a leader in the industry through innovation and it has a legacy of industry pioneering, playing a central role in the modern transformation of banking in Saudi Arabia.
The Group’s world-class services, market-leading solutions and superior technology have made Samba one of the most successful financial brands and the most internationally renowned bank in Saudi Arabia and the Middle East.


Jeddah quietly lies on the western coastline of Arabia’s Red Sea. It is the key-note city in the western region of Saudi Arabia. Jeddah is the largest city in Makkah Province, the principal sea port on the Red Sea, and the second largest city in the kingdom of Saudi Arabia.
Jeddah boasts of a population of 5.1 million people. The city is a key-note trade center in Saudi Arabia in a similar context with Riyadh and Dammam, that is, in matters relating to economy and regional importance.
Jeddah’s economic focus is revolves around refining and processing capital investment in scientific and engineering spheres and leadership throughout Saudi Arabia.

Ready/ Under Construction Apartments

With our apartment financing, we give you the choice between ready-made and incomplete apartments. You make the choice, and then we finance your choice.

Salient features and benefits:

  •     Complies with Shariah;
  •     Financing of  up to SR 3 million;
  •     Financing of  up to 70% of the apartment value ;
  •     Repayment period of up to 25 years;
  •     Don’t need guarantor;
  •     Provision for joint ownership ;
  •     Fixed profit rate; and
  •     Free Takaful property insurance.


  •     A  Saudi subject aged 22 years and more;
  •     Must be employed by a Samba-approved government, semi-government or private employer for at least one year;
  •     Monthly salary of  SR 5,000;and
  •     Apartment should have no litigation, must be less than 20 years and be unoccupied.