How to get a personal loan without a kafeel or sponsor in Saudi Arabia—expats and locals
In Saudi Arabia, most traditional personal finance products require a guarantor (kafeel) or salary transfer. But what if you need a personal loan without a sponsor? Whether you're an expat from South Asia or a Saudi resident without employer sponsorship, there are legitimate Shariah‑compliant options that don’t demand guarantors or salary assignment. This 2025 guide explores the best personal loans without guarantor for both locals and expats—covering eligibility, providers, interest rates, and how you can apply.
Why Choose a Personal Loan Without a Guarantor?
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No sponsor requirement (especially helpful for expats without kafeel)
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Faster and simplified application
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Still Shariah-compliant, using structured profit rather than interest
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Ideal for emergency cash, education, travel, medical, or business needs
Top Providers Offering Loans Without Guarantor in Saudi Arabia
1. Emirates NBD KSA Personal Finance
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Loan amount: up to SAR 3 million
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Guarantor: Not required
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Salary transfer: Optional
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Eligibility: Salary min SAR 8,000 for expats; age 21–60; SIMAH check required
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Process: Fully digital; decision in minutes
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Fees: 1% admin fee capped at SAR 5,000
✔️ Excellent option if you prefer not to assign salary to the bank البنك السعودي للاستثمار+12Emirates NBD+12KSAexpats.com+12البنك السعودي للاستثمار+3KSAexpats.com+3Saudi Arabia OFW+3Reddit
2. Saudi Investment Bank (SAIB) Expatriates Personal Finance
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Loan amount: up to ~SAR 1.5 million
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Salary transfer: Yes (but no guarantor)
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Eligibility: Salary transfer min SAR 8,000, one year with current employer, age 23–60
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Extras: Death/disability waiver, refinancing, and additional finance options
✔️ No guarantor needed; streamlined process for expats Saudi Arabia OFW+2Yalla Compare+2البنك السعودي للاستثمار+2
3. Saudi Finance Company – Personal Financing Without Guarantor
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Loan up to SAR 100,000 with no guarantor or salary transfer
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Flexible tenors: Up to 5 years
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Features: Early settlement allowed; Shariah‑compliant profit margin
✔️ Great for smaller loans without paperwork hassles KSAexpats.com
4. Alpha Arabia Finance Company (Alpha)
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Loan up to SAR 300,000; up to SAR 100,000 without guarantor
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Salary requirement: SAR 10,000 min salary and service length
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Tenor: Up to 5 years
✔️ Good option if you have higher income but no guarantor Reddit+15alphafinance.com.sa+15KSAexpats.com+15Yalla CompareKSAexpats.comReddit+5Reddit+5Reddit+5
5. Micro‑loan via Saudi Central Bank Microfinance Program
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Loan up to SAR 20,000
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Tenor: Up to 36 months
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No guarantor or salary transfer required
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Eligibility: Min salary SAR 3,500, age 22–60, good credit record
✔️ Ideal for urgent small needs without complex documentation Reddit+12lexis.ae+12alfajeer.com.sa+12
6. Alkhidmat Foundation Salary Loans (for select expats)
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Loan amount: SAR 1,000–100,000
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Delivery time: Within 24 hours
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Guarantor: Not required
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Eligibility: Expats from Pakistan, India, Bangladesh, Nepal; salary slip + Iqama
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Interest: Interest-free or minimal fees
⚠ Warning: beware of fraudulent agents on WhatsApp/Facebook charging advance fees. Always apply via the official website and verified number (+92‑347‑2630723). Reddit+11alkhidmatloan.com+11alkhidmatloan.com+11
Comparison Table
| Provider | Loan Amount | Guarantor | Salary Transfer | Eligibility | Turnaround |
|---|---|---|---|---|---|
| Emirates NBD KSA | Up to SAR 3M | ❌ | Optional | Salary ≥ 8,000 SAR | Minutes to hours |
| SAIB Expatriates | Up to SAR 1.5M | ❌ | Required | Salary ≥ 8,000 SAR | Same day |
| Saudi Finance Co. | Up to SAR 100k | ❌ | ❌ | Broad eligibility | Fast |
| Alpha Arabia Finance | Up to SAR 300k | ❌ (on ≤100k) | Required | Salary ≥ 10,000 SAR | Fast |
| SAMA Micro-loan | Up to SAR 20k | ❌ | ❌ | Salary ≥ 3,500 SAR | Hours to days |
| Alkhidmat Foundation | Up to SAR 100k | ❌ | Not needed | Select expats | 24 hours |
Eligibility Tips & Requirements
To qualify for a guarantor‑free personal loan in Saudi Arabia, here are the usual requirements across providers:
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Valid Iqama or Saudi ID
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Salary certificate and recent bank statements in some cases
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Minimum employment period (3–12 months)
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SIMAH credit score with no major defaults
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Age range typically 22–60 years
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Salary threshold varies (from SAR 3,500 to 10,000) depending on lender en.wikipedia.org+12KSAexpats.com+12Emirates NBD+12WorldysnewsReddit+2alphafinance.com.sa+2Reddit+2Emirates NBD+5lexis.ae+5alfajeer.com.sa+5Reddit+1alraedah.sa+1
Shariah vs Conventional Loans
All these products are Islamic finance>compliant: instead of interest, they apply a fixed profit margin (similar to riba). That’s standard across Saudi banks and institutions like Emirates NBD, SAIB, and Saudi Finance Co. RedditYalla Compare
How to Apply – Step-by-Step
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Compare providers based on loan size, salary requirement, service time, interest/profit rate.
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Gather documents: Iqama/Saudi ID, salary certificate, bank statements.
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Submit application online via bank portal or app (Emirates NBD, SAIB, Alpha).
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SIMAH check is often automatic.
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Receive decision—many approve within hours if docs are complete.
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Funds disbursed to your bank account once approved.
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Repayment schedule: monthly over chosen tenor; early settlement allowed.
Advice from the Community
From Reddit and expat forums, these tips and experiences stand out:
“I asked for a loan from Tamam because it was an emergency… interest rate is high.” — but many warn against Tamam due to delays and untrustworthy service. alkhidmatloan.com+1Reddit+1alkhidmatloan.com+3Yalla Compare+3البنك السعودي للاستثمار+3en.wikipedia.orgYalla Compare+7KSAexpats.com+7alkhidmatloan.com+7WorldysnewsReddit
“Expats have limited options if their companies don’t have bank agreements, but Al Rajhi and SAIB still provide loans if eligibility matches.” KSAexpats.com+2Reddit+2Reddit+2
You can get a personal loan in Saudi Arabia without a guarantor—whether through major Islamic banks or microfinance providers. These options accommodate both expats and Saudis, offering flexible Islamic finance solutions with minimal paperwork and no kafeel needed.
Best options in 2025:
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Emirates NBD KSA (large loans, optional salary transfer)
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SAIB Expatriates Finance (expat-friendly, no guarantor)
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Saudi Finance Co. (small loans, fast and fee‑simple)
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Alpha Arabia (higher thresholds, no sponsor required under certain tiers)
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SAMA Micro-loan (up to SAR 20k; fast and easy)
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Alkhidmat Foundation (expats from select countries; interest-free and without guarantor)
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