Alinma Bank Home Finance Calculator
Estimate the monthly payment on Alinma Bank's Murabaha Home Finance — a Sharia-compliant, salary-transfer-free product financing up to SAR 10 million over up to 30 years. Free, no signup.
fin·calc is an independent, unaffiliated calculator — not endorsed by, sponsored by, or affiliated with Alinma Bank. "Alinma Bank" is used only to describe typical rates and terms; confirm actual terms directly with the bank.
Alinma's real estate financing range
Alinma Bank does not sell a single generic "home loan" — it runs a family of Sharia-compliant products under "alinma Real Estate Financing," each aimed at a different situation. The table below summarises the main ones, as described on alinma.com (accessed 24 September 2026).
| Product | Structure | Purpose | Published APR |
|---|---|---|---|
| Murabaha Home Finance | Murabaha | Buy a completed home, nationwide, up to 30 years old | from 5.89% |
| Off-Plan Real Estate Finance | Murabaha (Istisna'a-backed) | Under-construction units, up to 75% of value, reduced instalments during a construction period of up to 36 months | from 5.89% |
| Land & Construction / Self-Construction | Murabaha | Buy land and/or fund building your own home | not published |
| Buyout (REDF/refinance) | Murabaha | Transfer an existing loan or REDF-subsidized finance from another lender, no down payment | from 5.89% |
Across these products Alinma finances up to SAR 10 million, with a repayment term of up to 30 years. Alinma states that salary transfer is not required to apply, and that financing can run until the borrower is 75 years old, provided they were no older than 64 at application. The published APR figures are as shown on alinma.com and carry no stated effective date, so treat "5.89%" as a floor, not a guaranteed rate — your own price depends on income, the property and your credit profile.
Sakani, REDF and property rules
Alinma's Buyout product is explicitly built for customers who already hold REDF-subsidized (Sakani-linked) real estate finance elsewhere and want to move it to Alinma — the bank describes this as "housing support transfer to eligible beneficiaries," alongside a standard, non-subsidized track for buyers who are not using government support. Sakani itself, run by the Ministry of Municipalities and Housing (MOMAH), is a Saudi-national-only homeownership programme that partners with banks and finance companies to subsidize profit rates; a household normally cannot combine Sakani support with a separate REDF benefit on the same purchase. On the property side, Alinma's completed-home and off-plan products both cap the accepted building age at up to 30 years old at the point of financing, and off-plan financing is capped at 75% of the property's value.
Worked example
Alinma does not publish a full step-by-step repayment example on its Home Finance page, only the headline "APR starting from 5.89%." The figures below are this page's own illustrative calculation, using the calculator above at the rate shown there — not a number quoted by Alinma:
Illustrative: SAR 1,000,000 over 25 years at 6.30% flat profit rate (the calculator's default inputs, which you can change above):
- Monthly payment: SAR 6,628
- Total profit: SAR 988,290
- Total payable: SAR 1,988,290
Because Alinma's own advertised APR (from 5.89%) already includes fees and is calculated on a reducing balance, a real Alinma quote at that rate would show a lower monthly payment and total profit than this illustrative example. Ask Alinma for a personalised amortisation schedule before comparing lenders.
Frequently Asked Questions
What is Alinma Bank's home finance product called, and is it Sharia-compliant?
Alinma's flagship product is Murabaha Home Finance, structured as a Murabaha (cost-plus sale) contract, part of a wider "alinma Real Estate Financing" range that also includes Off-Plan, Land & Construction, Self-Construction and a Buyout/refinance product (source: alinma.com, accessed 24 September 2026).
What APR does Alinma publish for home finance?
Alinma advertises an APR starting from 5.89% on its Home Finance, Off-Plan and Buyout product pages (alinma.com, accessed 24 September 2026). No effective date is given on the page, and your own rate depends on your profile, income and the property.
Do I need to transfer my salary to Alinma to get home finance?
No. Alinma states on its Home Finance and Off-Plan pages that salary transfer is not required to apply for its real estate financing.
Can Alinma finance a Sakani/REDF-subsidized purchase, and how much can I borrow?
Alinma runs a dedicated "Shifting REDF subsidized real estate financing" (buyout) product for customers transferring REDF housing support, alongside its standard non-subsidized Murabaha Home Finance. Across these products Alinma finances up to SAR 10 million over up to 30 years, to borrowers who do not exceed 64 years of age at application (financing can run until age 75).
Sources
- Alinma Bank — Murabaha Home Finance (accessed 24 September 2026)
- Alinma Bank — Off-Plan Real Estate Financing (accessed 24 September 2026)
- Alinma Bank — Buyout / REDF Shifting Product (accessed 24 September 2026)
- Ministry of Municipalities and Housing — Sakani programme overview (accessed 24 September 2026)