Tawaruq Personal Finance (Salary)

Banque Saudi Fransi's Sharia-compliant Tawaruq personal finance for salaried customers. Financing up to SAR 2,500,000 with repayment periods of up to 5 years; minimum salary SAR 3,500 for Saudis and SAR 5,000 for non-Saudis; management fee of 0.5% of the financing amount or SAR 2,500, whichever is less. Illustrative APRs on the page range from 3.96% (60 months) to 6.50% (12 months) for SAR 150,000 at a SAR 15,000 salary, and vary with credit history. Requires a BSF current account and salary assignment.