Medical Ijara Finance

Medical Ijara finance aims to support patients in Bahrain to obtain their medical needs from local hospitals and clinics, the service has a low profit rate and a repayment term of up to 3 years for patients looking to ease their Medical payments.

    • Maximum financed amount is BD3,000/- per single transaction, and with total consumer finance exposure of BD100,000/- per each customer
    • Very low profit rate 1% 
    • Tenor of 3 years
    • Sharia Compliant

  • ·         Minimum Age is 21 Years & Maximum age of 70 at maturity of finance subject to availability of life insurance

    ·         Finance duration is up to (3) three years

    ·         Profit rate starting from 1%

    ·         Salary transfer is mandatory

  • ·         Get a quotation from the medical entity in the name of Al Baraka Islamic Bank

    ·         Two valid ID’s (Valid residence permit for expatriates)

    ·         Latest Pay Slip / Salary Certificate

    ·         Bank statement for the last 3 months (6 months for self-employed Individuals)

    ·         Valid Commercial Registration for self-employed Individuals

    ·         After obtaining the approval, the bank will purchase the services from the medical entity and rent it to the customer (patient)

  • 1. AlKindi Hospital 

    2. American Mission Hospital

    3. Royal Hospital For Women and Children 

    4. Bahrain Specialist Hospital

    5. Dr. Haifa Eye Hospital 

    6. KIMS Health 

    7. Royal Bahrain 

    8. Smart Care Medical Centre 

    9. AlSalam Specialist Hospital

    10. Ibn Al-Nafees Hospital