Aljabr Finance Car Finance Requirements in Saudi Arabia

ehab

2026-11-09

Car prices keep rising and paying the full amount at once is hard, so financing has become a practical route for many citizens and residents. Aljabr Automotive, the authorized dealer for Kia in the Kingdom, offers flexible programs for buying new cars, and its conditions vary with the car, monthly income and repayment period. If you are still comparing lenders, see Riyad Bank’s program and Bank Albilad’s.

This guide covers Aljabr’s car finance conditions, who is eligible, and why the offer suits many buyers.

About Aljabr car installment finance

Aljabr’s car finance business is an extension of a long commercial journey begun by the Aljabr group, a Saudi group dating back to 1952. It started in Al-Ahsa, where the sons of Sheikh Hamad bin Mohammed Aljabr founded their first business trading in foodstuffs. Over the years the activities expanded into contracting, building materials, electronics, carton manufacturing and the automotive sector.

From that heritage, Aljabr Finance was founded to offer advanced Shariah-compliant finance. It aims to meet the varied needs of customers with innovation and quality, and has become a specialist in car lease financing inside the Kingdom.

Aljabr’s finance services

Aljabr provides a range of solutions for individuals and small and medium businesses, within Shariah rules and sound banking practice:

Finance lease with a promise of ownership (individuals): a lease contract for a fixed period with a promise to transfer ownership at the end, on easy Shariah-compliant terms. Use our car loan calculator to estimate the installment.
Vehicle finance for small and medium businesses (lease with a promise of gift): for business owners and start-ups, with a promise of ownership when the finance ends.
Murabaha vehicle finance (small and medium businesses): direct finance to buy vehicles, with ownership moving to the business from the start and payment in scheduled installments.
Productive-asset finance: equipment and machinery for small and medium businesses, through Murabaha or a lease that ends in ownership.

Aljabr car finance conditions (businesses)

To review a request quickly and accurately, provide the following:

Finance application form: completed and signed by the legally authorized person. If someone signs on their behalf, attach a legal power of attorney and a copy of their national ID, and identify the CEO or senior manager. The signature must be certified by the chamber of commerce.
Financial statements: audited statements for the last three years for requests of 500,000 riyals or more, results for the current year, and statements listed on the Ministry of Commerce’s electronic system. See also car finance requirements in Saudi Arabia.
Bank statements: bank-stamped copies for the last six months.
Commercial register: a copy for the main activity, plus any branch activities.
Proof of identity: a national ID for the owner or each partner holding 25% or more. If the company is owned by other companies, IDs of all owners are needed. For fleets, see fleet car financing.
Founding documents: the articles of incorporation, bylaws, shareholder list and full ownership structure.
Company profile: a brief on the business, the senior management and examples of past or current projects.
VAT certificate: a copy from the Zakat, Tax and Customs Authority.
National address: an up-to-date copy for the establishment.