- Fully Shariah-compliant financing.
- Financing up to (80%) of the vehicle’s value.
- Financing up to JOD (35,000).
- Repayment periods of up to 7 years.
- Grace period of up to 3 months.
- Financing for new and used cars.
- Takaful (Islamic Insurance) coverage in case of death or total/partial disability.
- Option to grant without guarantor.
- Competitive Murabaha rates.
- Fast procedures.
- Possibility of granting Jordanian residents and non-residents, non-citizen children of Jordanian women, and non-Jordanian residents in Jordan (with valid residence permit).
Private Vehicle (Low requirements)
Private Vehicle (Low requirements)
Own your dream car with confidence and convenience through our low documents Private Vehicle Financing designed with streamlined requirements, flexible repayment, and a Shariah-compliant experience.
Features
Requirements Documents
- Valid National ID for Jordanians.
- Valid passport for non-Jordanians, along with a certified residency permit or employment contract.
- Vehicle price quotation.
*The company reserves the right to request any additional documents if needed.
Terms & Conditions:
- Applicant age must be between 22 and 70 years, age of the client or guarantor not exceed 65 years at the time of approval.
- Comprehensive vehicle insurance is mandatory.
- Financing is available for new vehicles of the current year, the previous year, and the following year.
- Used vehicles must not exceed (10) years of age at the time of approval.
- Vehicle inspection and valuation must be conducted at one of the Specialized Islamic Finance company approved centers.
- The inspection result for used vehicles must be Grade 3 (Good) or higher.
- The vehicle must be mortgaged in favor of the Specialized Islamic Finance company.
*Subject to the product’s terms and conditions.
