Murabaha Personal Finance

Being your trusted partner, we offer you Shari’a compliant financing, available for furniture, electronics, household appliances or any other asset as long as it is not prohibited by Shari’a. Our solutions are tailor-made to provide easy access to financing against transfer of monthly salary.

How does it work?

We have designed Al Yusr Goods Finance based on well-known Shari'a concepts of Murabaha.

  • Based on Murabaha structure
  • Flexible terms and conditions
  • Attractive pricing
  • Facilitates purchase of any household item that you need – ranging from furniture to electronics
  • Finance upto 100% of goods’ value and 80% for land purchase
  • Maximum financing amount is subject to compliance of DBR 50% without home and 60% with home finance
  • Financing available from RO 1,000 and above
  • Maximum finance tenor is upto 10 years
  • Available for all nationalities

To apply and for more information, please call Al Yusr (24X7) Call Center on +968 24 754 666

*Terms and conditions apply

Age Requirement

  • Minimum age of 18 years at the time of application(Omanis) and 25 years (Expatriates)
  • Maximum age of 60 years at the end of facility and 65 years for Omani pensioners

Income (Salary) Requirement

Omani Nationals

  • Monthly salary requirement – RO 400 (minimum) for Government and Semi Government employees and pensioners.
  • RO 500 (minimum) for employees of A&B grade companies.
  • RO 700 (minimum) for employees of C grade companies

Non-Omani Residents

  • Monthly salary requirement – RO 700 (minimum) for Government, Semi Government, leading private sector (A & B grade companies) employees.
  • For employees of C grade companies will be case to case basis.

Documents Required

  • Copy of valid ID / Passport (Omanis)
  • Copy of valid passport with valid Visa and copy of a valid Resident Card (expatriates)
  • Address proof (copy of utility bill)
  • Quotation in favor of Al Yusr, Oman Arab Bank from the dealer of the goods
  • Last six month’s bank statement
  • Life Takaful / Insurance
  • For Salaried customers:
    • Original salary certificate from the employer addressed to Al Yusr, Oman Arab Bank
    • Salary transfer letter from the employer to Al Yusr, Oman Arab bank.
    • Undertaking from the employer to transfer the "End of Services Benefits" to the salary account maintained with Al Yusr, Oman Arab Bank