KFH-Bahrain offers customers Shari'a compliant auto financing through “Murabaha”. Committed to helping our customers stay on the move, KFH-Bahrain provides both individuals and corporate customers with the right auto-financing options when buying a new car. We provide customers with the convenience and flexibility of paying for their vehicle(s) through easy installments over an agreed upon timeframe that can be extended for a maximum period of up to seven years.
“Murabaha” Financing:
This type of financing is offer on all cars owned by the Bank, who in turn will sell the car to a customer at an agreed sale price.
- Islamic Shari’a compliant.
- Lowest profit rates.
- Optional financing without down payment.
- Flexible repayment options up to 7 years.
- Optional no salary transfer.
- Quick processing.
- 24 hour call center.
- Recent salary certificate or payslip.
- Copy of CPR .
- Passport or driver’s license.
- Salary transfer letter (if applicable).
- A quotation addressed to KFHB with the cost and description of the car (For Murabaha financing).
- Bank statement for the last three months.
- For self-employed customers:
- Bank statement for the last six months.
- Copy of CR.