
Business Installment Financing
We have developed a number of Islamic products that we are sure will be of interest to you. Our products are always in accordance with both international standards and Sharia requirements.
Get your financing within 24 hours through your bank statement only!

About our service
BIF financing product helps Micro and Small Enterprises to meet their financial needs by obtaining immediate cash financing based on your bank statement for the last 12 months.

Finance Features:
- Finance amount starting as low as SAR 50K up to SAR 250K. *
- Finance tenure up to 36 months.
- Quick process to obtain financing.
- Equal repayment through Monthly Installments.
- Sharia-compliant financing
- Profit Rate as low as 13%
alrajhi bank is controlled and supervised by SAMA

Terms and Conditions
- Al Rajhi Bank is regulated by Saudi Central Bank.
- Al Rajhi Bank Terms and Conditions applied.
alrajhi bank is controlled and supervised by SAMA
Definition
Illustration:
Asset Type | Finance Amount | Maturity in Years | APR | Monthly Installment |
---|---|---|---|---|
Business Installment Finance for Micro and Small Businesses ARB customers | 250,000 SAR | 3 years | 28.18% | 9,652.78 SAR |
Business Installment Finance for Micro and Small Businesses Non-ARB customers | 250,000 SAR | 2 years | 32.13% | 13,333.33 SAR |
*APR may differ depending on the amount, management fees, and the maturity period different from above and subject to each customer.
*Any information or rates mentioned are for example only. All product and service delivery is subject to the credit policies of alrajhi bank.
The Annual Percentage Rate (APR):
It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.
Example of The Annual Percentage Rate (APR):
Asset Type | Finance Amount | Maturity in Years | APR | Monthly Installment |
---|---|---|---|---|
Business Installment Finance for Micro and Small Businesses ARB customers | 250,000 SAR | 3 years | 28.18% | 9,652.78 SAR |
Business Installment Finance for Micro and Small Businesses Non-ARB customers | 250,000 SAR | 2 years | 32.13% | 13,333.33 SAR |
*APR may differ depending on the amount, management fees, and the maturity period different from above and subject to each customer.
*Any information or rates mentioned are for example only. All product and service delivery is subject to the credit policies of alrajhi bank.
Required Documents:

Commercial Register/Industrial License
A valid copy of the commercial register or industrial license for the business.
Owner/Partner Identification Documents
A copy of the national ID or residence permit for the sole proprietorship owner or all partners if it is a company.
Financial Statements
Audited financial statements for the last three years of business activity.
Company Incorporation Documents
The company’s memorandum of association or founding partners' decisions.
Nitaqat Certificate
A valid copy of the Nitaqat certificate from the Ministry of Labor.
Zakat Certificate
A valid copy of the certificate from the Department of Zakat.
Establishment Profile
A summary of the business activity and company structure.
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