Alinma Bank Personal Loan 


Minimum Salary needed Not mentioned
Maximum amount available SAR 2,000,000
Length of Loan 5 years
Profit Rate Not mentioned
Upfront Fees ( if any ) No
Eligibility Employer must be from the Alinma list of approved employers; Open a account with Alinma Bank; For Saudis and residents
Main Features Freedom to choose the Shariah approved stocks; No guarantor required;

Alinma Bank-Jeddah

Alinma Bank is a Saudi joint stock company formed in accordance with Royal Decree of 2006 and Ministerial Resolution of 2007. The bank was established with share capital of SAR 15 billion, consisting of 1.5 billion shares with a nominal value of SAR 10 per share.
The bank provides a comprehensive range of Shariah-compliant retail and corporate banking and investment services.
The bank is committed to serve its clients through a kingdom-wide network of branches as well as through a strong network of ATMs that total up to  1,000  as at  December last year. It has also integrated modern technology into its service delivery machinery in order to remain relevant with the trends of the day.


Jeddah is a modern city in the coastal region on the coast of the Red Sea and it is the major 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 the kingdom’s royal capital, Riyadh. With a population currently standing at 5.1 million, Jeddah is a strategic commercial hub in Saudi Arabia the same way Riyadh and Dammam are in their different respective roles, levels and geographical locations.
In economic matters, Jeddah is focusing on developing capital investment in scientific and engineering leadership both in Saudi Arabia, and the Middle East. Historically, Jeddah is popular for its legendary money changers.

Personal Finance

At Alinma Bank, we have a solid belief in all your personal financial dreams and goals. That is the reason that we customized our loans to help you arrive at the realization of those dreams step by step. 

Key benefits and features:


  •     Nil administrative fees;
  •     Instant approval;
  •     Finance of up to SAR 2,000,000;
  •     Financing period of up to  5 years;
  •     No guarantor is required; and
  •     Available to Saudis and aliens.

Requirements and qualifications:

  •     Open an Investment account with Alinma Investment;
  •     Complete stocks financing application form;
  •     Your employer must be from the Alinma list of approved employers;
  •     Open a current account with Alinma Bank; and
  •     Obtain a certified letter from your employer indicating your salary and service period details.