With a value of more than 20 million, and with competitive and Sharia-compliant financing benefits, Bank Al Jazira is participating in the Riyadh Real Estate Show Restax 2016 with the aim of further communication with customers. Based on Bank Al Jazira's keenness to provide distinctive care to its customers, it has worked to provide an integrated package of banking services to meet all the financial and financing needs of existing and target customers to achieve Bank Al Jazira's goal of providing modern and innovative Islamic banking solutions to become the preferred Saudi bank for customers to meet their banking needs and improve their lifestyles beyond their expectations.
In addition to this, the bank has introduced the “Bayti” product as one of the most successful housing finance solutions, a financing product based on the Sharia-compliant leasing formula that allows citizens to own residential units or land. <In addition, the bank has introduced “Bayti” as one of the most successful housing finance solutions, a Sharia-compliant Ijarah-based financing product that allows citizens to own residential units or land with ease and at a competitive profit margin. The product has been designed to include many features that take into account all the customer's needs, including a long repayment period of up to 30 years and easy payments that are commensurate with the individual's income. This is in addition to the high limit of the financing value, which can reach up to five million riyals, while exempting the heirs from repayment in the event of death or total disability, God forbid. Through Bank Al Jazira's "Bayti" housing finance product, employees and self-employed citizens can now own their dream homes of any size, taking into account all sources of income, with the possibility of first-degree relatives' solidarity to obtain a higher value for the purchase of their dream home.
Bank Al Jazira's "Bayti" housing finance product is also available to all employees and self-employed citizens. Believing in its important role in providing flexible options in mortgage financing, Bank Al Jazira now offers many solutions that help citizens to own their dream home through the variable installment mortgage program, which enables the customer to obtain a mortgage with a low installment for a certain period in case of any other commitment, such as personal finance or leasing, with an increase in the mortgage installment once the current commitment ends.
Bank Al Jazira now offers several solutions that help citizens to own their dream home. <It is worth mentioning that Bank Al Jazira's financing products are characterized by the possibility of transferring debts from other financial institutions and the possibility of financing retirees, and the financing programs cover all segments of society: Employees of all sectors, government/semi-government/military/private as well as the self-employed.
