The Sawlidah First Finance Company application provides fast, safe and fully digital financing solutions. The Sawlidah application provides users with the ability to apply for digital financing that is compatible with the provisions of Islamic Sharia.
Main Features:
✅ Loan amounts: from 3,000 SAR to 50,000 SAR
⏱ Loan term: from 3 months to 36 months
?Annual Percentage Rate (APR): Ranges from 18% to 36% depending on the user’s profile.
? Example: For a loan of SAR 10,000 for 12 months with an APR of 24%, the total repayment will be approximately SAR 12,763 including management fees and VAT (monthly installment approximately SAR 1,033).
? Submit a completely digital application – without papers, without visiting branches
⚡ Fast approval – for eligible users
? Follow up on the status of the application immediately - from submission to payment
? Transparent terms – no hidden fees
?Silwadah First Finance Company is subject to the control and supervision of the Central Bank of Saudi Arabia