alburaq Personal Finance is a Shari'a-compliant financing solution, designed to support important personal goals through a convenient digital experience.
Whether you're planning a major purchase, home improvements, education expenses, travel plans, or other personal commitments, you can apply, sign, and complete the entire financing journey through the ila Bank app.
Financing designed around your needs
Key Features
Financing starting from BHD 1,000
Shari'a-compliant financing structured under Commodity Murabaha
Flexible repayment terms
Fully digital application journey through the ila Bank app
Electronic signing through DocuSign
Track your application and financing details directly through the ila Bank app
Eligibility
Minimum age
21 years
Maximum age at facility maturity
Bahrainis: 65 years
Non-Bahrainis: 60 years
Minimum gross monthly income
Bahrainis: BHD 400
Non-Bahrainis: BHD 1,000
Self-employed: BHD 2,000
Available to salaried, self-employed, and pensioner customers
Minimum employment period
3 to 6 months, depending on employer category
How to apply?
Apply directly through the ila Bank app.
Upload your income documents, and a Salary Transfer Letter. Once your application is submitted, documents are signed electronically through DocuSign. Once approved, the financing amount will be credited to your primary alburaq BHD account.
For details on applicable fees and charges
alburaq Personal Finance FAQs
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