JAK Almuqaddimah Company (Sakhi Finance) is a Saudi financing company established in 2025 in the Kingdom of Saudi Arabia and is subject to the supervision and oversight of the Saudi Central Bank (SAMA). Jak Almuqaddimah is the legal company name, and Sakhi is the brand name. We provide digital consumer financing without documents or branch visits.
No documents are required. The required data is obtained and verified automatically through technical integrations after you approve the terms and conditions and electronic platform notices.
Yes. Sakhi’s products are Sharia-compliant and are supervised by a Sharia committee.
Consumer financing.
Not currently. Please follow our official channels for updates.
You can contact us through the toll-free number +966 8001110150, the official customer support channels, or Sakhi’s official account on X.
Through the same customer support channels: +966 8001110150.
Download the Sakhi app and complete the registration process. Based on your eligibility, you will be able to request financing.
No, you cannot request more than one active financing product at the same time.
The maximum amount is determined based on the internal credit assessment. It may reach up to SAR 300,000 with a tenure of up to 36 months, subject to eligibility.
Yes, financing is available to Saudis and residents inside the Kingdom of Saudi Arabia, subject to eligibility.
No, a guarantor is not required.
After completing registration and starting the financing request, your eligibility will be assessed directly.
Eligibility depends on the credit assessment. You can check your eligibility through the app.
Yes, you can choose a lower amount from the available options in the app, with a tenure of up to 36 months.
If the requirements are not met, the application will be rejected based on the product policy and credit assessment.
Eligibility depends on several factors, such as income, SIMAH assessment, and debt burden ratio.
The maximum amount is determined based on the internal credit assessment of your profile, such as income, SIMAH assessment, and debt burden.
Administrative fees are calculated at 0.5% of the financing amount, provided that the fees do not exceed SAR 2,500.
The profit rate varies based on the customer’s profile and eligibility. The profit rate and any applicable fees will be clearly displayed in the app before signing.
The beneficiary may terminate the contract by providing the financier with a written notice, whether in paper or electronic form, to any of the addresses stated in the financier’s contact details for notices in the contract preamble within ten (10) days from the contract date. The financier may request documents proving that the conditions stated in the contract have not been fulfilled.
Eligibility is determined according to Sakhi’s internal credit assessment policy.
The status may be updated with SIMAH, which may affect your future credit applications. In some cases, actions may be taken through the relevant authorities in accordance with applicable regulations. Please pay on time to avoid any credit or legal impact.
You must be employed in the private or government sector. The minimum salary varies based on the product policy for Saudis and residents. The minimum age is 18 years. Eligibility also depends on the credit assessment and the absence of defaults in SIMAH.
From the payment page in the app, you can pay using mada, a credit card, or Apple Pay. Select the installment, choose the payment method, and complete the transaction while ensuring that sufficient balance or limit is available.
On the 1st calendar day of each month.
You can pay through the app using Apple Pay, Google Pay, mada card, or credit card. Payment may also be made through bank transfer to the IBAN shown in the app, if available.
The early settlement amount is calculated based on the remaining financing amount plus the profit of the following three months. Early settlement can be completed through the app, and the calculation is done automatically.
Partial payment may be available after coordination with the Collections Department. Please contact Customer Support.
You can pay through the app using the available payment methods. If paying by bank transfer, please use the IBAN stated in the contract.
Please contact Customer Support immediately through the official customer support channels or +966 8001110150. If you suspect fraud, contact us immediately.
Payments are usually reflected automatically within no more than one hour. If the payment is not reflected, please contact Customer Support and provide the transaction details.
You can request a clearance letter through the app, and it will be issued within one business day from the closure of the financing contract.
Transactions are calculated automatically and reflected in the system automatically. If there is any delay, please contact Customer Support.
Payments are usually reflected automatically. If the payment is not reflected, please contact Customer Support through +966 8001110150.
The amount will be deposited quickly after the completion of the regulatory review period, which does not exceed 24 hours.
Disbursement is available to local bank accounts inside Saudi Arabia that are owned by the customer applying for financing.
Contact Customer Support and provide the reference number or a screenshot confirming the transfer.
Disbursement is available only to local bank accounts inside Saudi Arabia. If your bank is local and does not appear, please contact Customer Support.
You can view the contract inside the Sakhi app.
From Settings, select Change Mobile Number. The mobile number must be linked to the account holder’s ID.
Make sure that your registered number can receive messages and that the network is working. If the issue continues, contact Customer Support.
Select Forgot Passcode on the login page and follow the steps. You must have access to your registered mobile number.
This may be a fraud attempt. Contact Customer Support immediately through the official channels.
Please make sure your ID has been renewed.
There may be an account registered with the same ID. Contact Customer Support for help restoring access.
Update the app and restart it. If the issue continues, contact the official customer support channels and attach a screenshot of the issue.
Employment information is updated automatically.
The National Address is updated automatically after it is updated in SPL.
The account may be suspended for your protection and for security reasons. Please contact Customer Support for assistance.
Please contact Customer Support through +966 8001110150 or the official customer support channels.
Please make sure you are using your primary mobile number registered under your name and linked to your ID.
