Since its inception in 2016, Al Raedah has provided a range of Islamic financing solutions, characterized by different creative methods and excellence. These financing solutions are innovatively designed to meet and even exceed customer preferences, as Al Raedah’s financing solutions greatly help small and medium enterprises achieve their desired goals and contribute to their rapid development and growth. For this purpose, quick liquidity is conveniently provided compared to financing solutions provided by other parties, through various point-of-sale financing products and e-store financing services.
It is worth noting that these diverse financing solutions adhere to and comply with the principles and regulations of Islamic Sharia, and are therefore licensed by the Sharia Board and the Saudi Central Bank, with a fixed profit rate ranging from 10% to 16.5% based on the different products. Likewise, Al Raedah also provides customers with easy and flexible payment methods through direct withdrawal from daily point-of-sale transactions, whether periodically or ascending, provided by Al Raedah to existing and potential customers. Combined, these financing solutions open a great opportunity for business owners to achieve their operational and production ambitions and goals, and better realize their business ambitions.
Islamic financing solutions provided by Al Raeda:
Al Raeda provides support to small and medium enterprises – for a period of six months or more – through various Islamic financing solutions specifically designed to meet the needs and preferences of different business owners:
Point of Sale Financing Product (Pro).
Point of Sale Financing Product.
Point of Sale Financing Product (Lite).
E-Commerce Financing Product.
It is possible to apply for the aforementioned Islamic financing solutions through the website easily and with the least number of required documents. Al Raeda also provides existing and potential customers with points of sale when obtaining point of sale financing and instant point of sale financing, through which payment is processed flexibly and reasonably through direct withdrawal from daily point of sale transactions.
Advantages of Islamic financing services provided by Al Raeda:
All services and products provided by Al Raeda are characterized by being Islamic financing solutions that comply with Islamic laws and regulations, and are approved by the Sharia Board.
In addition to these various financing solutions, it also provides refinancing by enabling the current customer to apply for refinancing directly once 60% of the initial financing amount is paid easily and conveniently.
Offers provided by Al-Raeda through Islamic financing solutions: POS Benefit from point of sale financing
Al-Raeda provides Islamic financing services for businesses that have been in existence for six months or more by providing multiple Islamic financing solutions, services and products, specially designed to support the success of your business project through easy and fast financing, based on a flexible credit study, with a profit rate ranging between 10% and 16.5%.
