The company provides all types of cars, whether used or new, to meet the needs and satisfy the desires of all customers and to suit their financial possibilities, and the company provides the opportunity to choose from a wide range and without any restrictions so that the customer is absolutely free to choose the car that suits him whatever its price or type are.

Advantages of Mequad program for individuals:

  • Complies with the provisions and principles of Islamic Law

  • The possibility of financing any new or used car desired by the client according to the credit limit available to him.

  • Low down payment with the possibility of payment in installments easy commensurate with the monthly income of the client and for a period up to 60 months.

  • Competitive profit margin starting from 5.5%.

  • Immediate approval and obtaining the vehicle within 48 hours

  • Services package offered to customers at competitive prices.

  • No grantor needed.

  • Available to all nationalities.

  • No salary transfer needed.

  • Ability to travel outside the Kingdom

  • Fill in the Purchase order form.
  • Picture proof of Identity & valid Driving license.
  • The definition of employer including the job title, date of admission to employment and gross monthly income.
  • Quotation for the required car.
  • Bank statement of account for the last three months.
  • The service with the employer should NOT be less than 6 months.
  • Gross salary is NOT less than SAR (4,000).
  • The customer age is NOT less than 21 years.