Used Car Financing

IIAB offers a great chance to own a used car for employees and business owners in Jordan through Sharia compliant  Murabaha with a variety of flexible options that will make it easier for you to own a car.

• Finance up-to JOD 75,000
• Finance up-to 100%
• Finance up-to 96 months.
• Fixed rate.
• No need for guarantor for most cases.
• Possibility of waving from car pledge and full insurance.

• Min age 21
• Max age 70 (at the end of finance tenor)
• Min salary for employees:
  •  for employees working in Amman 200 JOD.
  • employees working outside Amman 150 JOD.
  • for business owners ( monthly income) 2000 JOD.

• Price quotation from the real-estate owner/developer.
• Bank statement for last 6 months.
• Most recent certificate of Salary.
• Social security statement.
• A copy of article of association
• Additional documents may be required.

Murabaha 

click here to view the fees and commissions ( arabic version only )