Annual Profit Rate

Updated April 2024

Example for Platinum credit card with credit limit of SAR 10,000:

APR	Credit Card Purchase rate*	Minimum Repayment Percentage	Months Until Balance Repaid
38.36%	2.20% Monthly	5%	57months
42.90%	2.49% Monthly	5%	62 months
48.02%	2.79% Monthly	5%	67 months

The above table is an example.

*The actual Credit Card Purchase rate is based on the customer’s salary and the employer’s classification.

**If only minimum repayment is made every month, it will take (Refer to the above table) to repay the full amount, keeping in mind the compounded interest added each month.

To view other examples, please visit Credit cards calculator page click here

Updated April 2024

Loan Amount	Tenure	APR	Installment amount
SR 500,000	5 Years	5.42%	SR 9,412.50
SR 300,000	5 Years	5.45%	SR 5,647.50
SR 100,000	5 Years	5.62%	SR 1,882.5

The above table is an example, and subject to change based on the credit history, employer, age, finance value, finance tenor, salary, etc…

To view other examples, please visit personal finance calculator page click here

Updated April 2024

(purchasing ready unit, self-construction and mortgage)

For customers purchasing the first house:

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
1,000,000 SAR	%90	Fixed	6.44%	20 years	Principal & profit	6,562.50 SAR	Profit of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
700,000 SAR	%90	Fixed	6.65%	15 years	Principal & profit	5,442.50 SAR	Profit of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 500,000	%90	Fixed	6.48%	13 years	Principal & profit	4,197.12 SAR	Profit of 3 months future payments

The above table is an example, and subject to change based on the credit history, employer, age, finance value, finance tenor, salary, etc…

To view other examples, please visit real estate finance calculator page click here

For customers purchasing the second house:

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 1,000,000	%70	Fixed	6.46%	20 years	Principal & profit	SAR 5,104.17	Profits of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 700,000	%70	Fixed	6.69%	15 years	Principal & profit	SAR 4,233.06	Profits of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 500,000	%70	Fixed	6.48%	13 years	Principal & profit	SAR 3,264.42	Profits of 3 months future payments

The above table is an example, and subject to change based on the credit history, employer, age, finance value, finance tenor, salary, etc…

To view other examples, please visit real estate finance calculator page click here

2. (units under construction)

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 1,000,000	%90	Fixed	6.44%	20 years	During construction period: only profit. After construction period: Profit & principle	SAR 6,562.50	Profits of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 700,000	%90	Fixed	6.65%	15 years	During construction period: only profit. After construction period: Profit & principle	SAR 5,442.50	Profits of 3 months future payments

Property market value	Finance to value ratio	Fixed or variable rate	APR	Maturity in Year	Payment type	Monthly repayment amount	Early payment charge
SAR 500,000	%90	Fixed	6.48%	13 years	During construction period: only profit. After construction period: Profit & principle	SAR 4,197.12	Profits of 3 months future payments

The above table is an example, and subject to change based on the credit history, employer, age, finance value, finance tenor, salary, etc…

To view other examples, please visit real estate finance calculator page click here

Updated April 2024

Car price including VAT	Monthly installment	APR%	Ballon payment	Tenor (in years)	Car type
SAR 398,519.85	SAR 5,533.53	7.46%	SAR 138,615.60	5 Years	New car
SAR 193,975.10	SAR 5,117.53	11.40%	SAR 48,915.46	3 Years	New car
SAR 233,180.90	SAR 745.30	8.62%	SAR 116,590.45	2 Years	New car

The above table is an example, and subject to change based on the credit history, employer, age, finance value, finance tenor, salary, etc…
To view other examples, please visit Auto lease calculator page click here

Updated April 2024

Short Term Tawaruq – Once

Product	APR	Management Fees	Low or High Limit of Management Fees
Short Term Tawaruq - Once	From 4% to 15%	From 0% to 5%	No

Examples

Finance Amount (SAR)*	Finance Tenure	Cost of Finance (APR)	Management Fees	Management Fees Amount (SAR)	Monthly Instalment Amount (SAR)*
1,000,000	12 Months	6%	2%	20,000	88,500
1,000,000	12 Months	4%	1%	10,000	86,777
1,000,000	12 Months	12%	3%	30,000	93,666

Finance Amount (SAR)*

Finance Tenure

Cost of Finance (APR)

Management Fees

Amount (SAR)

Monthly Instalment Amount (SAR)*

1,000,000

12 Months

6%

2%

20,000

88,500

1,000,000

12 Months

4%

1%

10,000

86,777

1,000,000

12 Months

12%

3%

30,000

93,666

* The above table is an example, and the annual percentage rate varies according to the amount, maturity period and credit score for each client, bearing in mind that the monthly installment amount is variable in order to apply the profit margin on the remaining balance of the financing, as the amount of the original financing remains the same throughout the financing tenure without any change. However, the amount of the profit margin changes incrementally as the financing principal decreases.

Medium Term Tawaruq – Once

Product	APR	Management Fees	Low or High Limit of Management Fees
Medium Term Tawaruq - Once	From 4% to 15%	From 0% to 5%	No

Examples

Finance Amount (SAR)*	Finance Tenure	Cost of Finance (APR)	Management Fees	Management Fees Amount (SAR)	Monthly Instalment Amount (SAR)*
1,000,000	18 Months	10%	2%	20,000	64,166
1,000,000	24 Months	7%	3%	30,000	47,694
1,000,000	36 Months	8%	4%	40,000	34,666

Finance Amount (SAR)*

Finance Tenure

Cost of Finance (APR)

Management Fees

Amount (SAR)

Monthly Instalment Amount (SAR)*

1,000,000

18 Months

10%

2%

20,000

64,166

1,000,000

24 Months

7%

3%

30,000

47,694

1,000,000

36 Months

8%

4%

40,000

34,666

* The above table is an example, and the annual percentage rate varies according to the amount, maturity period and credit score for each client, bearing in mind that the monthly installment amount is variable in order to apply the profit margin on the remaining balance of the financing, as the amount of the original financing remains the same throughout the financing tenure without any change. However, the amount of the profit margin changes incrementally as the financing principal decreases.

Short Term Tawaruq – Revolving

Product	APR	Management Fees	Low or High Limit of Management Fees
Short Term Tawaruq - Revolving	From 4% to 15%	From 0% to 5%	No

Examples

Finance Amount (SAR)*	Finance Tenure	Payment Term	Payment Method	Cost of Finance (APR)	Management Fees	Management Fees Amount (SAR)	Monthly Instalment Amount (SAR)*
1,000,000	12 Months	6 Months	2 Payments Quarterly	12%	2%	20,000	530,000
1,000,000	12 Months	6 Months	Full Payment	5%	3%	30,000	1,060,000
1,000,000	12 Months	6 Months	Monthly	7%	1%	10,000	170,500

Finance Amount (SAR)*

Finance Tenure

Payment Term

Payment Method

Cost of Finance (APR)

Management Fees

Amount (SAR)

Monthly Instalment Amount (SAR)*

1,000,000

12 Months

6 Months

2 Payments Quarterly

12%

2%

20,000

530,000

1,000,000

12 Months

6 Months

Full Payment

5%

3%

30,000

1,060,000

1,000,000

12 Months

6 Months

Monthly

7%

1%

10,000

170,500

* The above table is an example and the annual percentage rate, maturity period and credit score may vary for each customer.

Letter of credits financing

Product	APR	Management Fees	Cash Margin	Low or High Limit of Management Fees
Documentary credits financing	From 4% to 15%	From 0% to 5%	From 10% to 40%	No

Examples

Finance Amount (SAR)*	Finance Tenure	Payment Term	Payment Method	Cost of Finance (APR)	Cash Insurance	Management Fees	Management Fees Amount (SAR)	Monthly Instalment Amount (SAR)*
1,000,000	12 Months	120 Days	Full Payment	5%	15%	2%	20,000	1,016,666
1,000,000	12 Months	90 Days	Full Payment	12%	30%	3%	30,000	1,030,000
1,000,000	12 Months	210 Days	Full Payment	7%	25%	1%	10,000	1,040,000

Finance Amount (SAR)*

Finance Tenure

Payment Term

Payment Method

Cost of Finance (APR)

Cash Insurance

Management Fees

Amount (SAR)

Monthly Instalment Amount (SAR)*

1,000,000

12 Months

120 Days

Full Payment

5%

15%

2%

20,000

1,016,666

1,000,000

12 Months

90 Days

Full Payment

12%

30%

3%

30,000

1,030,000

1,000,000

12 Months

210 Days

Full Payment

7%

25%

1%

10,000

1,040,000

* The above table is an example and the annual percentage rate, maturity period and credit score may vary for each customer.

Islamic overdraft

Product	APR	Management Fees	Low or High Limit of Management Fees
Islamic Overdraft	From 4% to 15%	From 0% to 5%	No

* The above table is an example and the annual percentage rate, maturity period and credit score may vary for each customer.

* The value of the profit margin is calculated on a monthly basis based on the overdraft balance and there are no specific installments.

Updated April 2024

Average Balance during month*	Profit calculation	Profit payment	AER	Number of withdrawals permitted for earning profit
SR 2,500	Monthly	Half-Yearly	2.50%	2 per month
SR 50,000	Monthly	Half Yearly	2.50%	2 per month
SR 100,000	Monthly	Half Yearly	2.50%	2 per month

The above table is an example. The AER and number of withdrawals permitted for earning profit are subject to change based on the market
conditions.

*Minimum required monthly average balance to earn profit is SR 2,500.

Updated April 2024

Deposit Amount	Period	AER	Expected Profit Amount	Expected Maturity Amount
SR 100,000	12 months	1.00%	SR 1,000	SR 101,000
SR 200,000	6 months	0.80%	SR 800	SR 200,800
SR 50,000	24 months	1.50%	SR 1,511	SR 51,511

The above table is an example. AER varies with the amount and period & it is subject to change based on the market conditions.

Updated April 2024

Deposit Amount	Period	AER	Expected Profit Amount	Expected Maturity Amount
SR 200,000	12 months	5.76%	SR 11,520	SR 211,520
SR 100,000	3 months	5.99%	SR 1,497.50	SR 100,497.50
SR 250,000	6 months	5.74%	SR 7,214.86	SR 257,214.86

The above table is an example. AER varies with the amount and period & it is subject to change based on the market conditions.

Updated April 2024

Lowest Balance during month*	Profit calculation	Profit payment	AER	Number of withdrawals permitted for earning profit
SR. 1,000	Monthly	Half-Yearly	0.05%	No Limit
SR 5,000	Monthly	Half Yearly	0.05%	No Limit
SR 10,000	Monthly	Half Yearly	0.05%	No Limit

The above table is an example. AER is subject to change based on the market conditions.

*Lowest account balance required to earn profit is SR 1,000.

*Terms and Conditions Apply

Annual Profit Rate - anb