SAIB Bank is considered the leading bank in the Egyptian market that provides real estate financing programs that are based on Islamic principles with the approval of the Central Bank of Egypt under the umbrella of the Real Estate Finance Law, like:
The leasing program is one of the programs of the real estate finance law, which allows the customer the freedom to choose the ready real estate unit (residential - commercial) anywhere in the Republic and is done through the bank’s purchase of the property from the customer himself or from others and then leasing it to him with a lease contract that ends in ownership of the property at the end of the lease term and the customer pays (Tenant) Monthly rental installments that include fixed, variable and complementary rental values.
The client (the lessee) submits an application to obtain financing for the purchase of a property in the leasing system provided that the client (the tenant) pledges to rent the property in question if the bank purchases it in a separate contract before concluding the lease agreement in preparation for leasing it to the client (the tenant) provided that the financing amount is paid in the form of rent payments During the specified period, according to a bilateral contract signed between the client (the lessee) and the bank.
General Terms & Conditions :