Car Financing Program (Tanaqal) - Safa Bank
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Car Financing Program (Tanaqal)

Own the car of your dreams

 

With the Car Financing Program from Safa Bank, own your dream car easily and in compliance with the regulations of the Islamic Sharia.

 

Program Benefits:

  • Compliant with Islamic Shari'a regulations.
  • Ability to finance the full price of the car, up to 80 thousand US Dollars
  • A payment period of up to 72 months
  • Freedom to select the source for purchasing the car.
  • The ability to benefit from the agreements signed with car dealers.

 

Financing Requirements:

  • The client’s salary must be transferred to the Bank.
  • Mortgaging the car and fully ensuring it, with endorsing the insurance policy for the benefit of the Bank.
  • The Bank will look into any exceptional cases.
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