If you are not ready for a mortgage, you will have the alternative solution for a home loan. In case of a home loan the property will stay in the possession of the bank until the loan is repaid. The Islamic Development Bank (IsDB) has developed a special home loan for nationals. Our digital onboarding and document flow proces will guide you through the home loan application and approval procedure. The monthly amount for financing compensation and repayment is 2500 sar as well, for an apartment value of 815.000 sar.

Our specially developed digital on boarding and document flow process will guide you through the home loan application and approval procedure. Once the home loan has been approved, you will be invited to log in to your personal file on this website, to plan an appointment with the Notary public office (Ministry of Justice) or to proceed with the Ministry of Interior permission approval process (applicable for non GCC foreign nationals only). After transfer of Deeds, there will be the final visit to Notary public office. During the last step you will receive the Title Deeds in your name as home owner.