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Home Finance

Own your home through Diminishing Musharakah — a declining co-ownership partnership, not an interest loan.

Home Finance is structured as Diminishing Musharakah: Milestone and you jointly purchase the property, and you gradually buy out the bank's share over the agreed term through a combination of rent (for the portion still owned by the bank) and capital payments (to acquire more of the bank's share). Ownership shifts to you in full by the end of the term — there is no interest charged at any point.

Key features

  • Tenors structured to suit the size of the property and your income
  • Transparent, disclosed rental and capital-payment schedule from day one
  • Property insurance (Takaful) arranged as part of the facility

Who it is for

Individuals looking to buy a home without taking on an interest-bearing mortgage.

Ready to get started?

Interested in Home Finance?

Open an account online, or speak to a relationship manager about this product first — either way, you're covered.

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