FAQ's
Yes, our financial services are sharia complaint, and the Sharia Review Bureau approved all the details and the transactions involved in the process.
Yes, expats can apply.
Yes, there is a 1% admin fee.
Yes, it is fixed.
Yes, the customer can repay and settle the finance early. However; there will be charges totaling of 3 months profit added to the remaining principal amount as penalty for early closure.
Yes, the company must be listed in our approved company list. If your employer is not currently listed with us, we will review the possibility of listing them.
Tas’heel Finance services does not require a guarantor or salary transfer. Promissory note will only be used in an event of default.
Yes, there is a SAR 49 fee for every late month on Murabaha finance and SAR 99 fee for every late month on Tawaruq finance.
Personal finance starts from SAR 15,000 up to SAR 250,000
Finance is available for 36, 48 or 60 months.
Installment sales amounts started from SAR 4,000 up to SAR 60,000
Customer can choose from 12, 18, 24, 30, or 36 months.