Zaytonah

Zaytonah application provides special services to owners of projects that need financing

Project owners can apply for financing through the Zaytonah application of the Zaytonah Islamic Finance Company, so that users can easily create an account through the application and apply for financing.
After creating the account and logging in, you will be able to use and view the following services and features:
• Finance Calculator
• Creating an account through the application enables you to create a profile in Al- Zaytonah Company
• Log in with your password or your fingerprint
• Submit a financing application without the need to go to a company
• Track the funding request and follow up the request by emailing the finance officer
• Get notifications when the status of the funding request changes
• View all financings with a schedule of installments
• Alert when installments are due
• Communicate with company employees through the application
• View the locations of the company's branches

Funds are offered up to $50,000, with an interest rate ranging from 6% to 12%.
An illustrative example of a financing program with all ratios explained:
* Repayment period: - The maximum repayment period is 72 months
- The minimum repayment period is 12 months
* Riyada product:
- The allowed financing amount ranges from $100 to $10,000, with an interest rate of 11%.
- The allowed financing amount ranges from $1,100 to $20,000, with an interest rate of 10%.
- The allowed financing amount ranges from $20,001 to $30,000, with an interest rate of 9%.
- The allowed financing amount ranges from $30,001 to $50,000, with an interest rate of 8%.
(Example if the required financing amount is $10,000 and the repayment period is 24 months)
* Total value of financing: $11,620
* Fundamental value of financing: $10,000
* Monthly installment value: $ 484.12
* Interest value: $ 2,120
* APR: $ 322.42
* The return on financing: 11 %