Alinma's home financing is Sakani-linked Murabaha. Underwriters want six months of statements with the down-payment seasoned and Tawarruq drawdowns excluded from the balance picture.
Convert your Alinma statementAlinma participates in Sakani through Murabaha home financing — the bank purchases the property and sells it to you with a deferred-payment markup. Underwriting follows the standard mortgage requirements: six months of statements, 60-day seasoning on the down payment, stable salary credits, and a debt-burden ratio inside SAMA's limits.
The Alinma-specific check: underwriters verify that the down-payment balance grew organically, not from a recent Tawarruq drawdown. A large Tawarruq credit shortly before the application would inflate the apparent balance without representing real savings. The CSV makes Tawarruq pairs visible immediately.
The 60-day seasoning rule says the down-payment funds must have been in the account for at least two months. Family gifts need gift letters. Asset sales need agreements. Any Tawarruq drawdown in the 60 days before application is flagged — even if you don't intend it as the down-payment source, it will be questioned.
Sum your monthly closing balances across the six months. Net the Tawarruq pairs to see the real underlying balance growth. The CSV exposes both views so you can present a clean balance trend in the application file.
Six months of Alinma data, with Tawarruq pairs flagged and Murabaha installments separated from real expenses.
Alinma statements are bilingual PDFs with a clean, modern layout. Columns are: Date (DD/MM/YYYY), Transaction Description (Arabic-primary), Reference, Debit, Credit, Balance. Islamic product labels dominate: Murabaha, Tawarruq, and Mudaraba terms appear frequently. The statement is denominated in SAR throughout.
| Label | Meaning |
|---|---|
| قسط مرابحة | Murabaha financing installment |
| تورق | Tawarruq (commodity Murabaha) cash liquidity transaction |
| POS-MADA- | Mada point-of-sale debit |
| حوالة سريعة | Sarie instant domestic transfer |
| أرباح الودائع | Profit on Islamic savings/investment deposit |
Sakani (Saudi Real Estate Refinance Company) mortgages require 3 months of SAMA-bank statements showing WPS salary credits; foreign income requires SWIFT-verified equivalents.
Export six months from Alinma Mobile
Pull six consecutive monthly statements as PDFs. Alinma Mobile typically retains a 12-month rolling window.
Merge in Kashfbank
Upload all six PDFs in one session. The CSV merges chronologically and flags Tawarruq pairs across the period.
Validate down-payment seasoning
Scroll the merged CSV. Confirm the down-payment funds have been present for at least 60 days. Identify the originating row and attach gift letters or sale agreements as needed.
Submit Alinma PDFs to the bank
Mortgage underwriting requires bank-issued PDFs. Submit the originals alongside source-of-funds documentation.
Common challenges
Will Alinma penalize a Tawarruq drawdown that happened before my mortgage application?
It depends on the timing and purpose. A Tawarruq drawdown 60+ days before the application, used for something unrelated to the property, is generally not a problem. A Tawarruq drawdown shortly before, inflating your balance, will be questioned. The CSV exposes the timing precisely.
My down-payment came from a savings build-up at Alinma over a year. Will the underwriter see that clearly?
Yes. The merged six-month CSV shows the monthly closing balance trajectory. Organic growth from regular salary credits and conservative spending is exactly what underwriters want to see. The trajectory is more persuasive than any single deposit.
How does Kashfbank handle Murabaha installments in the mortgage assessment?
Murabaha installments ("قسط مرابحة") are tagged in the Category column as liability reductions. Sum them across the period; the total is your existing debt service that reduces qualifying income for the mortgage calculation.
Can Alinma underwriters review the Kashfbank CSV directly?
Underwriters typically require the bank-issued PDF, not the CSV. The CSV is your preparation tool. Submit the Alinma PDFs along with your supporting documentation.
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Regulator: Saudi Central Bank (SAMA)
Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)
Full country guide →Statement language: Arabic / English