وقف طيبه

Mdarj

About this app

The Taiba Endowment app is an interest-free loan application from the Taiba Endowment in the Kingdom of Saudi Arabia. It aims to provide an opportunity for Saudi citizens and residents within the Kingdom, provided they hold a valid residency permit, to obtain an interest-free loan with no administrative fees.

The app allows users to easily apply for a loan by entering the required information and uploading the necessary documents. The loan amount is disbursed and repaid over a fixed period of 10 months (300 days) – a minimum and maximum repayment period of 300 days. This fixed period cannot be modified by the user, and there are no interest charges or additional fees.

Repayment is made via bank transfer. The transfer receipt can be uploaded and the transfer number entered directly within the app to track the repayment status.

Loan Details:

The loans offered are interest-free loans with no fees.

Accounting Rate (APR): 0%

Repayment Period: Fixed 10 months (300 days) – both the minimum and maximum repayment periods are 300 days.

Illustrative example:

If a user obtains a loan of SAR 10,000, repayable over 10 months, with a monthly installment of SAR 1,000, the total amount repaid is SAR 10,000 with no interest or additional fees.

The Taiba Endowment app is committed to transparency and adherence to the regulations in force within the Kingdom of Saudi Arabia, providing a safe and easy experience for beneficiaries of the endowment's services.