Al Yusr

What Al Yusr does

Al Yusr Leasing & Financing (legal entity: Al-Yusr Leasing and Finance Company) is a Saudi Central Bank (SAMA)-licensed non-bank finance company established in 2004 as a subsidiary of the Abdul Latif Al-Issa Holding Group, with a paid-up capital of 500,000,000 SAR. The company provides Sharia-compliant financial services across two main segments: individual consumers (Personal Finance/Tawarruq, Auto Leasing/Ijara, Consumer Goods Financing, Microfinance, Pensions Financing, E'tezaz for Ministry of Defense, Top-up/Refinance, and Buyout/Debt Transfer) and SMEs and corporates (working-capital Murabaha and Tawarruq across multiple sectors). All products are reviewed and approved by a dedicated Sharia Supervisory Board chaired by Dr. Abdulrahman Al-Muniea, with Vice Chairman Dr. Abdullatif Al-Qarni.

The company operates 11 physical branches across major Saudi cities (Riyadh, Jeddah, Makkah, Dammam, Madinah, Qassim, Tabouk, Jazan, Hail, Al Jouf, Al Ahsa, Abha, Hafr Al Batin), complemented by an Android mobile app, an online application portal, and exclusive B2B2C partnerships with the Ministry of Defense (E'tezaz), Public Pension Agency (Pensions Financing), Saudi Aramco, and GOSI. APRs disclosed on the company website span ~17.39% (Pensions Financing) to ~31.73% (1-year Microfinance), with most consumer products clustering in the 26-29% range. Al Yusr reports 300+ employees, 500,000+ customers served, 22+ years of market presence, and an International Legal Entity Identifier (558600NF5J37H2REL836); the company is privately held with no disclosed revenue, funding rounds, M&A, or public capital-markets activity.

Name

Al Yusr

Legal name

Al-Yusr Leasing and Finance Company

Website

https://alyusr.com.sa

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Al Yusr Leasing & Financing is a SAMA-licensed Saudi non-bank finance company, established 2004 as a subsidiary of Abdul Latif Al-Issa Holding Group, offering Sharia-compliant personal, auto, micro, and SME financing across 11 branches and government/employer partnerships.

Ownership category

akta.pro rank

Product category

Islamic Consumer & SME Finance

NAICS

Sales Financing (52222)

SIC

Personal Credit Institutions (6141), Finance Lessors (6172), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industries

Islamic SME & Commercial Banking (FSABAGAB), Islamic Corporate Banking (FSABAGAC), Islamic Private Banking & Wealth (FSABAGAD)

Keywords

• Islamic consumer financing
• Auto leasing services
• SME working capital
• Microfinance products
• Pensions financing

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices16 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Personal Finance: Interest/profit-based financing for individuals including personal loans, auto leasing, and consumer goods financing with competitive profit margins and flexible repayment periods up to 5 years.
2. Business/Corporate Finance: Working capital financing and business financing solutions for SMEs and corporate clients including Murabaha and Tawarruq products with financing periods up to 36 months.
3. Microfinance: Small-scale personal financing for individuals with amounts from 2,000 to 50,000 SAR and financing periods up to 3 years.
4. Auto Leasing (Ijara): Vehicle leasing services including comprehensive insurance, with vehicles supplied through approved vendors and agents across Saudi Arabia.
5. Service Fees: Various service fees including vehicle registration renewal, ownership transfer, additional key requests, letter issuance, and insurance claim processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Al Yusr Leasing & Financing is a Saudi Central Bank-licensed, Sharia-compliant non-bank finance company that provides Islamic financing products to individuals and businesses. Its core offerings include personal finance (Tawrrouq), auto leasing (Ijara), consumer goods financing, microfinance, pensions financing for retirees, and SME/corporate working capital finance structured through Murabaha and Tawarruq instruments, distributed through 11 branches, a website, and a mobile app.

Product overview

Al Yusr Leasing & Financing is a Saudi Arabian financial services company offering a diversified portfolio of Sharia-compliant financing products under two main segments: Individual and Business. For individuals, the core offerings are Personal Finance (Tawrrouq), Auto Leasing (Ijara), Consumer Goods Financing, and Microfinance, supplemented by specialized programs including Pensions Financing for retirees, the E'tezaz Program for Ministry of Defense employees, and Top-up/Refinance and Buyout (Debt Transfer) add-on products. For businesses and SMEs, the company provides comprehensive Business Financing including working capital solutions (Murabaha and Tawrouq) and diverse financing packages covering multiple sectors. All products operate under Islamic finance principles (Ijara, Murabaha, and Tawrouq) and are reviewed and approved by the company's Sharia Supervisory Board. The company also offers ancillary services including insurance, Sadad payment infrastructure, and financing calculators on its digital platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Finance (Tawrrouq) Personal financing product that enables individuals to obtain funds for various personal needs through installment plans, with repayment periods up to 5 years and no guarantor required. Operates under Murabaha and Tawarruq (commodity Murabaha) structures approved by the Sharia Committee.
• Auto Leasing (Ijara) Automotive leasing product providing vehicle financing to individuals and businesses through Ijara (lease-to-own) structures, covering new and used vehicles with competitive profit margins and flexible tenure options, including comprehensive insurance integration.
• Consumer Goods Financing Purchasing finance product allowing customers to buy home appliances, electronics, furniture, and other consumer goods through easy installment plans, with financing amounts from 3,000 SAR to 50,000 SAR and repayment periods up to 2 years without a guarantor.
• Microfinance Microfinance product offering small personal financing from 2,000 SAR to 50,000 SAR with repayment periods up to 3 years, designed for immediate personal financing needs with accessible eligibility criteria for Saudi and expatriate employees.
• Pensions Financing (Retirees Financing) Specialized financing program for retirees in cooperation with the Public Pension Agency, providing financing amounts up to 300,000 SAR with eligibility for applicants up to age 75 and minimum pension requirements, featuring competitive profit margins.
• Business Financing (SME & Corporate) Comprehensive business financing solution for companies and SMEs offering working capital financing (Murabaha and Tawrouq), diverse financing solutions for operational expenses, asset acquisition, and inventory purchasing, with financing tenures up to 36 months and competitive profit margins. Covers sectors including education, healthcare, agriculture, industry, services, telecom, transportation, trade, petrochemicals, and maintenance.
• E'tezaz Program (Ministry of Defense Employees) Exclusive financing program for employees of the Saudi Ministry of Defense and their families, offered in cooperation with the Ministry of Defense, providing financing with repayment periods up to 5 years and VIP service at all Al Yusr branches nationwide.

Quantifiable outcome

• Serving over 500,000 customers with 22+ years of market presence

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered parent, core, flagship and strategic.

• Abdul Latif Al-Issa Holding GroupparentOthersAl Yusr Leasing & Financing is a subsidiary company of the Abdul Latif Al-Issa Holding Group, one of the major conglomerates in Saudi Arabia. The company was established as part of the holding group's financial services division.
• Saudi Central Bank (SAMA)coreOthersAl Yusr is licensed and regulated by the Saudi Central Bank (SAMA) under License Number 10/A S/201403. The company operates under full regulatory supervision and compliance with Saudi monetary regulations.
• Ministry of Defense - E'tezaz ProgramflagshipStrategic or Co-development PartnerAl-Yusr, in cooperation with the Ministry of Defense, provides exclusive financing for the Ministry's employees and their families through the E'tezaz program. Benefits include financing repayment periods up to 5 years and VIP service at all Al Yusr branches.
• Public Pension AgencycoreStrategic or Co-development PartnerAlYusr Leasing and Financing cooperates with the Public Pension Agency to provide special financing advantages for retirees, allowing them to benefit from AlYusr financing services with favorable terms including age up to 75 years.
• Saudi Arabian Oil Company (Saudi Aramco)strategicStrategic or Co-development PartnerStrategic partnership providing financing solutions for Saudi Aramco employees as part of trusted partnerships with the largest institutions in the Kingdom.
• General Organization for Social Insurance (GOSI)strategicStrategic or Co-development PartnerPartnership with GOSI for pensioner financing programs and social insurance-related financing services.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Bank AlJazira: Saudi bank with a significant Islamic banking window offering personal and SME Sharia-compliant financing. Comparable product set but within a broader full-service bank franchise.
• Al Rajhi Bank: Saudi Arabia's largest Islamic bank offering personal financing, auto leasing (Ijara), and SME finance. Overlaps broadly with Al Yusr's product set but at much greater scale, lower funding cost, and broader banking portfolio.
• Alinma Bank: Fully Sharia-compliant Saudi bank providing personal, auto, and SME financing. Comparable in Islamic finance mechanics but competes as a deposit-taking bank with structural funding advantages over non-bank peers.
• Saudi National Bank (SNB): Largest Saudi banking group post-NCB/Samba merger, with Islamic finance offerings across personal, auto, and corporate. Competes with Al Yusr on Sharia-compliant products but at vastly greater scale.
• Arab National Bank (ANB): Saudi bank offering personal, auto, and SME Sharia-compliant financing. Overlaps with Al Yusr's product set as part of a broader banking franchise competing for the same salaried retail and SME segments.

Direct peers

• Amlak International for Real Estate Finance: Saudi Sharia-compliant real estate and consumer finance company. Comparable as a SAMA-regulated non-bank offering Islamic financing to Saudi individuals, overlapping in Sharia product mechanisms.
• Nayifat Finance: A Saudi non-bank consumer and SME finance company offering similar Sharia-compliant personal finance, auto financing, and SME products. Directly comparable as a like-for-like competitor in the Saudi NBFI space serving salaried individuals.
• T'azur Company for Cooperative Insurance & Finance: Saudi cooperative insurance and finance firm providing Islamic-compliant personal, SME, and microfinance products. Closely comparable in Sharia product structure, salaried-borrower focus, and Saudi-only market.

Regional players

• Derayah Financial: Saudi CMA-licensed investment platform offering Sharia-compliant investment products. Tangentially comparable as a Saudi financial services firm within the Islamic finance ecosystem, though more wealth-focused than credit-focused.
• Jadwa Finance: Saudi investment advisory and finance firm with Sharia-compliant structuring capabilities. Less direct overlap, but comparable in operating within the Saudi Islamic finance ecosystem and serving similar institutional clientele.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/alyusrcompany?lang=ar
• YouTubeyoutube.com/user/alyusrcompany
• Facebookfacebook.com/alyusrcompany/?locale=ar_AR
• LinkedInlinkedin.com/company/al-yusr-for-leasing-and-financing-co/?originalSubdomain=sa
• Instagraminstagram.com/alyusrcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Yusr