Financing Solutions

Dar Al Tamleek offers a variety of programs, each program is dedicated to a specific segment of people in the kingdom tailored to match their particular needs and budgets. To make sure that everyone owns their dream home, Dar Al Tamleek has broken down its financing solutions into 3 different categories:

Dar Al Tamleek has been entrusted to manage the Masakin Program, a financing program provided by the General Organization for Social Insurance to eligible beneficiaries of government, private sector employees, and all retirees. The program was specifically designed to increase the percentage of citizens owning their homes.

The Masakin program offers a number of unique benefits to those eligible in the program, unlike any other program.

Dar Al Tamleek is a specialized home finance company that is dedicated to establishing a relationship with its customers by earning their trust. The company’s guiding principles are what sets it apart from its competitors and provides every customer the assurance of receiving first rate service.

We are a Shariah-compliant company that understands the purchase of a home is one of the most important personal decisions a person can make. It is a decision that goes beyond how much a person can afford, because it will ultimately be a reflection of the customer’s value and lifestyle.

Dar Al Tamleek has created an infrastructure that enables customers to access home financing as efficiently as possible. This involves the use of an innovative transactional technology that facilitates an easier closing process. All programs are tailored to suit individual client circumstances, ensuring the greatest flexibility and responsiveness in every transaction.

The REDF and MOH Subsidized Lending Program have collaborated with the Masakin program, which is provided by the General Organization for Social Insurance and administered by Dar Al Tamleek, to provide the most exceptional subsidy government loan program for approved beneficiaries employed in the government sector, Private, and all retirees. The REDF and MOH will provide the beneficiaries with a monthly subsidy to cover the beneficiary's cost of financing profits for up to SAR 500,000. The beneficiary may also receive a higher amount of funding if he/she desires and his financial ability is acceptable to cover the additional funding up to 5,000,000 SAR.

Moreover, the REDF also offers a Down Payment Guarantee Program for some eligible customers in addition to the Subsidized Lending Program. The Down Payment Guarantee Program will minimize the required down payment to 5% instead of the 10% down payment mandated by SAMA for buying the first home. The maximum property value permitted under this program is SAR 800,000. 


How the Subsidized Lending Program works: 

  • The program is eligible to a beneficiary who obtained a mortgage from the participating banks and funding companies.
  • The fund provides a monthly subsidy that covers the funding profits at a minimum rate of 35% and a maximum rate of 100%, the amount is transferred to the beneficiary's account directly after the payment of the monthly installment due from the financing agency.


Subsidized Lending program options:

  • Purchasing ready units

-To apply for the eligibility of the Subsidized Home Finance through Sakani platform

-To find out about the subsidy tolerance percentage, please visit Support calculator


Ready-made Housing Unit:

It is Funding for purchasing a ready-made property from the market whether it is (villa, apartment, residential building) or one of the projects of the Ministry of Housing with an amount up to SAR 500,000 which is compatible with Islamic Sharia-compliant. It is also offered to REDF beneficiaries and MOH beneficiaries.


Program Benefits:

  • Such mortgage applied to all types of residential property.
  • The possibility of benefiting from the reduced down payment service from 10 % to 5%.
  • There is a possibility to benefit from the service of "reducing the down payment.


Conditions for reducing down payment:

  • To be the first home buyer.
  • The home price should be 800,000 and less.




The possibility of solidarity of husband and wife provided they are employed in the government, private, and all retirees.


  • The Masakin Program is sponsored by the General Organization for Social Insurance offers a fixed rate (Murabaha) home financing program to government employees, private sector employees, and all retirees. It was specifically designed to encourage more homeownership 

  • Ijarah is a lease contract with a profit rate that can change. Murabaha is a purchase contract with a fixed profit rate that won’t change over the life of the contract.

  • The REDF Home Lending Program has collaborated with the General Organization for Social Insurance’s Masakin program, administered by Dar Al Tamleek, to provide the most exceptional home government loan program for approved beneficiaries employed in the government employees, private sector employees, and all retirees.

  • The value of the property in question is determined by an appraisal which is a prime factor in determining the value. Dar Al Tamleek will arrange for an appraisal of the client’s property to verify its value through an authorized professional who estimates the value of the property and sends the information to Dar Al Tamleek for evaluation.

  • Saudi nationals must be at least 20 years of age but no more than 68 at the time of application. They must have good credit, earn a minimum of SR 4,000 per month and work in a government sector position for at least one year.

  • Yes, As long as they are employed in the government sector or pensioners 

  • Masakin is a program that features a fixed profit rate Murabaha for financing homes up to 30 years. The product also features up to half-year “grace period” where no payments will be made and offers one of the most competitive profit rates in the Kingdom.

  • Yes, the grace period is optional for Masakin customers.

  • Profit rates will vary based on the number of years of financing.

  • The profit rate for the graced period and the remaining contract balance will have to be paid in full.

  • The program is available throughout the Kingdom at any Public Pension Agency office or through Dar Al Tamleek branches.  Call 920011433 for the closest branch near you.

  • A minimum of SAR 150,000 and maximum of SAR 5,000,000 is allowed.

  • An independent appraisal company will determine the value of the property.

  • Completed villas, duplexes, townhomes and apartments qualify for the program. However the property cannot be more than 20 years of age when financed. Property eligibility requirements are subject to change.

  • Yes, apartment buildings are eligible. However the total size cannot exceed 10 apartments and the buyer must live in one of the apartments.

  • Yes, second homes qualify for the program.

Sponsored By

Masakin's Fatwah

Masakin Program is an authorized program by DAT Shariah board Members