Al-Tawaruq Al-Mubarak Finance:

Instant phone approval and cash in your account within 48 hours

In order to provide you with a superior and fast service that meets your expectations, we are pleased to offer Al-Tawaruq Al-Mubarak from Arab National Bank. This is a Sharia compliant product and pre-approved by Arab National Bank's Sharia Compliance Committee. Here's how the system works: The Mutawariq (Customer) buys a pre-approved Al-Tawaruq commodity through the bank on credit terms, and authorizes the bank to sell it on his behalf to a third party for cash under a Sharia approved Tawaruq transaction. Commodities are sold at prevailing market prices, on the spot and cash proceeds are then deposited in your account.

With Al-Tawaruq Al-Mubarak Finance, you can have cash in your account in 48 hours. The product offers a loan of up to SR 1,000,000, which you pay back to the bank in an easy installment basis of up to 96 months.

Al-Tawaruq Al-Mubarak Finance Benefits

- Al-Tawaruq Al-Mubarak Finance provides you with up to SR 1,000,000.
- Free Al-Mubarak Charge Card: Pre-approved for one year.
- Top-up: You will be automatically eligible for further finance once you have paid a minimum of 30% of the gross finance amount.
- No penalty is charged on early pay offs.
- Easy and Fast Procedures: Al-Tawaruq Al-Mubarak Finance provides you with cash in your account in 48 hours of the application date.
- 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-Tawaruq 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.