Al Arabi Mubarak Finance :
Relax … Choose what you want to buy and leave the rest to us.
To serve you, our valued customer, and ensure your total satisfaction, Arab
National Bank offers Al Arabi Mubarak Finance. This product is Sharia compliant
and approved by our Sharia Compliance Committee. With Al Mubarak Finance, all
you have to do is to choose what you want to buy, be it a new car, luxury furniture,
domestic appliances or any other commodity under an Islamic Muarabaha arrangement.
The commodity is sold to the customer for a fixed sum representing the commodity
purchase price plus an agreed profit margin. The customer will pay back the
amount in fixed monthly installments over an agreed period of time. You can
purchase goods up to SR 1,000,000, based on your salary amount, years of service
and commodity price. The customer pays back with easy installments up to 96
months.
With Al-Mubarak Finance from Arab National Bank you can now relax. Just choose
what you want to buy and Al-Mubarak Finance helps you get it in the easiest
and fastest way.
Al-Mubarak Finance Benefits
- Al Mubarak Finance provides you with up to SR 1,000,000.
- Free Al-Mubarak Charge Card: No fees for the first year.
- No penalty is charged on early pay offs.
- Easy and Fast Procedures: Al-Mubarak Finance provides you with cash in your
account in the easiest and fastest way.
- Waiver of outstanding installments incase of death – God – forbids.
Qualification Criteria
- If you are employed in the government service, or with a leading private organization,
and have completed at least 3 Months to one year in your current job.
- If your gross salary is at least SR 3,000 for government sector employees
and SR 4,000 for private sector employees.
- Age 20 years or more .
Then you are qualified for Al-Mubarak Finance from Arab National Bank. To apply,
please contact us to arrange to meet one of our sales executives, or visit your
nearest Arab National Bank branch.
| arab national bank 2005 |