It feels good to have the luxury of choice, and your choice of a car is now within your reach. Auto Finance from Sohar Islamic offers a fully Shariah-compliant product in line with your values that provides the finance you need to buy exactly the car you want. Whether it’s an SUV for the family or a sports convertible, Sohar Islamic Auto Finance makes it affordable, with no compromise on your principles. You choose, we enable. It’s just one part of our commitment to providing the highest levels of excellence in everything we do.
Get profit rates starting from 3.35% on your dream car with competitive, Shariah-compliant rates. Enjoy quick approvals and hassle-free processing, with financing available for all major brands.
Visit Sohar Islamic today. Offer valid until 31 December 2024.
| Details | Normal Cars | Environment Friendly Cars (Electric / Hybrid) | Tenure | Duration |
|---|---|---|---|---|
| Auto Finance | 3.45% | 3.35% | 1 year | Valid until 31 December 2024 |
| 3.90% | 3.80% | 2 years | ||
| 4.95% | 4.80% | more than 2 years |
Financing up to 80% from the market value
Shariah compliant auto financing solution for new & used cars
No joint registration / No mortgage required with salary assignment
Financing Period:
Competitive Rates
Quick processing
Financing available for all major brands
Availability of higher financing limit
Omani Nationals : National ID
GCC Nationals : Passport or Country ID
Expatriates : Resident ID & Passport with valid visa
For New car : Quotation of the car in favour of Sohar Islamic
Account Statement last 6 months
Salary Assignment letter from the employer in favour of Sohar Islamic
Account Statement last 6 months
Salary Certificate issued by the employer
Post Dated Cheques (PDC)
| Omani | Non Omani | |
|---|---|---|
| Minimum Monthly Salary | RO 300 | RO 400 |
| Minimum Service | 3 months | 3 months |
| Minimum Age | 18 years | 25 years |
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