Profit rates on products

Product Murabaha Rate  Payment Period Variable Rate  Effective Annual Percentage Rate An Actual Example to Calculate The Actual Rate Of a Product 
 minimum rate the highest rate by customer category  minimum rate the highest rate by customer category  minimum rate the highest rate by customer category
Personal Finance 5.75% 7.00% 1 10.299% 12.496% 12.204% 14.412% amount = 100,000 JD
5.75% 7.00% 2 10.528% 12.729% 11.537% 13.748% fixed rate = 5.75%
5.75% 7.00% 3 10.494% 12.649% 11.188% 13.352% variable rate =10.299%
5.75% 7.00% 4 10.397% 12.498% 10.930% 13.040% payment period 1 year
6.00% 7.25% 5 10.695% 12.730% 11.132% 13.176% extra cost ( 1% of financing values paid once granted)
6.00% 7.25% 6 10.564% 12.547% 10.936% 12.928% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
6.00% 7.25% 7 10.435% 12.369% 10.760% 12.703% %12.204(Effective APR)
Financing of Shares  6.00% 7.25% 1 10.740% 12.934% 12.647% 14.851% amount = 100,000 JD
6.00% 7.25% 2 10.970% 13.166% 11.981% 14.186% fixed rate = 6%
6.00% 7.25% 3 10.928% 13.075% 11.624% 13.780% variable rate=10.74%
6.00% 7.25% 4 10.821% 12.912% 11.356% 13.456% payment period 1 year
6.25% 7.50% 5 11.106% 13.131% 11.546% 13.578% extra cost ( 1% of financing values paid once granted)
6.25% 7.50% 6 10.966% 12.937% 11.340% 13.320% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
6.25% 7.50% 7 10.827% 12.748% 11.154% 13.084% %12.647(Effective APR)
Auto Finance 4.75% 5.75% 1 8.531% 10.299% 10.428% 12.204% amount = 100,000 JD
4.75% 5.75% 2 8.745% 10.528% 9.747% 11.537% fixed rate = 4.75%
4.75% 5.75% 3 8.740% 10.494% 9.427% 11.188% variable rate =8.531%
4.75% 5.75% 4 8.680% 10.397% 9.206% 10.930% payment period 1 year
5.25% 6.25% 5 9.446% 11.106% 9.879% 11.546% extra cost ( 1% of financing values paid once granted)
5.25% 6.25% 6 9.344% 10.966% 9.711% 11.340% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
5.25% 6.25% 7 9.242% 10.827% 9.562% 11.154% %10.428(Effective APR)
Land Murabaha 4.75% 5.50% 1 8.531% 9.858% 10.428% 11.761% amount = 100,000 JD
4.75% 5.50% 2 8.745% 10.084% 9.747% 11.091% fixed rate = 4.75%
4.75% 5.50% 3 8.740% 10.058% 9.427% 10.750% variable rate=8.531%
4.75% 5.50% 4 8.680% 9.971% 9.206% 10.502% payment period 1 year
5.00% 5.75% 5 9.025% 10.281% 9.456% 10.717% extra cost ( 1% of financing values paid once granted)
5.00% 5.75% 6 8.932% 10.160% 9.297% 10.531% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
5.00% 5.75% 7 8.838% 10.040% 9.157% 10.364% %10.428(Effective APR)
Home Finance     from 1 year – 15 years  6.75% 7.50% 8.639%-6.911% 9.393%-7.664% amount = 100,000 JD
variable rate = 6.75%
payment period 1 year
extra cost ( 1% of financing values paid once granted)
    from 15 years – 20 years 7.00% 7.75% 7.162%-7.130% 7.916%-7.884% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
    from 20 years – 25 years 7.00% 7.75% 7.130%-7.112% 7.884%-7.866% 8.639%(Effective APR)
Land Finance     from 1 year – 12 years  7.25% 8.00% 9.142%-7.413% 9.895%-8.167% amount = 100,000 JD
variable rate = 7.25%
payment period 1 year
extra cost ( 1% of financing values paid once granted)
    from 12 years -15 years 7.50% 8.00% 7.664%-7.633% 8.167%-8.135% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
    from 15 years – 20 years 7.75% 7.75% 7.884%-7.866% 7.884%-7.866% 9.142%(Effective APR)
Commercial Offices Financing     from 1 year – 15 years  7.50% 8.25% 9.393%-7.664% 10.146%-8.418% amount = 100,000 JD
variable rate = 7.5%
payment period 1 year
extra cost ( 1% of financing values paid once granted)
    from 15 years – 20 years 7.75% 8.50% 7.916%-7.884% 8.669%-8.638% when applying the approved formula of the central bank of jordan the Effective annual percentage rate is
    from 20 years – 25 years 8.00% 8.00% 8.135%-8.117% 8.135%-8.117% 9.393%(Effective APR)