Travel Financing

Whether you're heading for Hajj, Umrah, or a family vacation, our travel financing program is designed to alleviate the financial strain of your journey. With flexible installment plans, we provide financing for various travel expenses, covering airline tickets, hotel accommodations, and more

The program's mechanism

By entering into direct agreements with specialized travel companies that operate year-round or have international offices providing comprehensive traveler services such as tickets and hotels, the bank secures these services for a prearranged fee. Subsequently, the bank subleases these services to beneficiaries or those seeking the service, adhering to the leasing terms specified in the service contract.

The program’s advantages:

• Compliant with Islamic Sharia principles
• Financing up to 100% of the service cost
• Repayment period of up to 36 months
• Repayment in easy and convenient installments.

Conditions and Requirements for Obtaining Financing:

• Maximum financing limit of $10,000.
• Salary transfer to the bank or a guarantor with a transferred salary, with the possibility of considering other guarantees such as: mortgage on property, car, gold, cash insurance, or stock mortgage.
• Repayment period not exceeding 36 months.
• Monthly installment not to exceed 50% of the transferred salary, with the possibility of considering the household income.