Tamweel Aloula 2.0.0

Tamweel Aloula provides Shariah-compliant financing solutions that are characterized by a range of benefits directed towards facilitating customer needs.

The company's advanced digital platform enables access to efficient financial services, ensuring that users experience a smooth process coupled with exceptional support. This commitment to security offers clients peace of mind in their financial dealings.

The services offered by Tamweel Aloula include:

• Personal Financing: Clients can secure Shariah-compliant personal financing of up to SAR 250,000 with relative ease.
• Flexible repayment options are available, with terms ranging from 6 to 60 months, allowing for tailored repayment solutions aimed at individual convenience.

Tamweel Aloula is committed to fulfilling financial requirements while adhering strictly to the tenets of Islamic finance.

Maximum Annual Percentage Rate (APR): 26.33%

Loan Example:

• Principal Amount: SAR 10,000
• Profit Rate: 9.50% per annum
• Tenure: 12 months
• Administrative Fee: 1% = SAR 100
• VAT @15%: SAR 15
• Profit Amount: SAR 1,092.50
• Monthly Instalment Amount: SAR 1,074.97
• Finance Start Date: 1st June 2025
• First Instalment Date: 1st May 2026
• APR: 26.33%