Tasheel Finance
Apply for instant, Shariah-compliant personal loans of SAR 10,000–250,000, with easy online application and no guarantor or salary transfer needed. Fast approval!
Tasheel Finance offers a convenient personal finance solution tailored for both Saudi nationals and residents. Loan amounts range from SAR 10,000 to SAR 250,000. The entire process is done online, so there’s no need for paperwork or branch visits.
For eligibility, applicants need to be within the 21–65 age range and earn at least SAR 4,500 monthly. There’s no requirement for a guarantor or a salary transfer, making this loan program highly accessible to both employed and retired individuals.
Loan tenure options include 24, 36, 48, or 60 months, and all financing is Shariah-compliant. While interest rates aren’t clearly disclosed upfront, applicants receive a customized offer instantly after submitting their application details.
How to Apply for Tasheel Personal Finance
To begin, complete the online application with your personal, employment, and financial information. Instant assessment occurs online, providing applicants with immediate decisions.
If approved, you can select your preferred loan amount and repayment term, then digitally sign the contract. Funding is typically deposited into your bank account within 48 business hours after contract signing.
Main Advantages of Tasheel Personal Finance
Tasheel Finance’s main strengths include its completely digital process—which speeds up applications and minimizes paperwork. The lack of a guarantor or salary transfer requirements makes it especially attractive for expats and retirees.
Additionally, the product’s flexibility in terms and Shariah-compliance position it as a strong option for a wide range of customers in Saudi Arabia.
Notable Disadvantages
One potential drawback is the lack of transparent information about the interest rate or total cost of finance; applicants must complete personal details to receive an accurate offer.
Also, while 48-hour funding is quick, it may not be instant for some urgent situations. There may be stricter requirements for non-Saudis or those with newer employment status.
Verdict: Who Should Apply?
Tasheel Finance personal loans are well-suited for those looking for speed, digital convenience, and inclusive eligibility, especially if you’re an employee, retiree, or expat without a guarantor. Review the terms before accepting any offer to ensure it aligns with your needs.