Features
- Financing available for new products
- Up to 18 months repayment period
- Financing from minimum of $300
- Amal Bank’s Murabaha Student financing is Shariah compliant and:
Affordable
- Competitive financing rate
- Longer repayment period
- Option of family/partner program
Quick & Easy
- Relatively less documentation
- Simplified procedures
- Processing period of 3-5 business days
Convenient
- Convenient branch locations
- Friendly and flexible customer service
- Easy online banking
- Option for automatic deduction from your current/savings account.
Requirements
- Maintain an active account with Amal Bank
- Proof of residency and income
- Current Students/Teachers or recent graduates
- Minimum age of 21 at the date of application
- A non-refundable $10 application processing fee required
- A guarantor to act as a co-signor