• Individual ijara – Monthly installments leasing

    A program that suits the client's needs for leasing financing through monthly installments for a repayment period of up to 60 months.

  • Key Features

    • Sharia-compliant financing of up to 800,000 SR.
    • No salary transfer required
    • Available to Saudis and residents in the Kingdom
    • No guarantor is required.
    • Available for new and used cars.
    • Fast to obtaining approvals and completing procedures
    • Flexibility in choosing the amount of the monthly fee in proportion to the customer's income over 5 years
    • Comprehensive car insurance coverage for the entire rental period
    • Multiple options to terminate the contract or own the car during the contract period or at its end
    • SFL Mobile application for easy access to the services available in the application
  • Conditions

    • An employee with a period of service not less than 3 months
    • Fill out a financing request form.
    • Total salary not less than 5000 SR.
    • Terms and Conditions applies

Required Document

 

Document   Government Sector     Privet Sector     Saudi     Non-Saudi
Salary certificate including basic salary + basic allowances with mention of the job title


certified by the Chamber of Commerce for the private sector
Valid National ID/Iqama
Social Insurance Certificate

Account statement for the last 3 months

Account statement for the last 6 months
 
Valid driver's license