Auto-Finance

The Arab Islamic Bank, through its auto-financing program, finances all types of new and used cars that are no older than 5 years, in addition to benefiting from the bank’s agreements with all car companies in Palestine. The program offers financing for up to 100% of the vehicle's value, as well as the option of financing for all groups, with and without wages, in accordance with Islamic Sharia. 

Auto-Finance features 

• The financing is Islamic Sharia-compliant
• A repayment period of up to 7 years
• Financing for up to 100% of the car purchase price
• Financing all kinds of new cars
• Financing used cars that are no older than 5 years
• The possibility of benefiting from the bank's agreements and campaigns with all car companies
• Financing for all categories with or without salaries
• Enjoy easy and fixed installments

Required Documents

• National ID
• Bank statement for the previous six months
• Employment verification certificate (salary slip or municipal council certificate)
• A price quote compliant with Islamic Sharia
• Obtaining an undertaking to transfer the salary to the Arab Islamic bank or presenting a suitable bank guarantee
• Car license or import certificate