Al Baraka offers an islamic complaint auto finance, which mean an agreed fixed price (principle + profit) for a specific period. This gives you peace of mind and security in our agreement.
- Minimum Salary is BD400/-
- Minimum Age is 21 Years & Maximum Age is 70 at maturity of finance subject to availability of life insurance.
- Debt Service Ratio (DSR) is 50% for income below BD 3,000/- & 65% for income above BD3,000/-
- Maximum Tenure is 7 Years
- Maximum Financing Amount BD100,000/-