Auto leasing

At Tamweel Aloula, we offer Auto Leasing solutions that let you finance new or used vehicles easily and conveniently. No guarantor or salary transfer is needed.

Our financing products are fully compliant with Shariah principles and designed to provide competitive terms. You can apply digitally or visit one of our branches to lease your preferred vehicle.

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This page was last updated on April 27, 2026

Eligibility and Requirements for Auto Leasing:

Eligible Categories: Retirees and currently employed individuals
Age: Applicants must be between 18 and 60 years old
Minimum Salary (Saudis): SAR 3,500
Minimum Salary (Residents): SAR 4,000 with 15% down payment
Financing Amount: SAR 20,000 – SAR 500,000
Minimum Employment Duration: 4 months for private sector, 3 months for Semi-government, and 1 month for Government.
Annual Percentage Rate (APR): Starting from 13.01% (excluding insurance), varies by financing amount and term
Repayment Period: 6 – 60 months
Maximum Salary Deduction: Up to 45%

Auto Leasing Examples

AL Financing Amount

60000

80000

100000

AL Tenor

AL Financing Cost

9.5%

AL Down Payment

768.75

5000

AL Balloon Payment

35000

AL Monthly Installment

5000

1260.42

1752.08

AL Admin Fees

AL APR

11.94%

13.16%

13.96%

Note: Numbers are for illustrative purposes only, and do not constitute a binding offer from the company.

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