Introducing No-Frills Islamic Home Financing.

SHOW ME MORE

A no-frills basic Islamic home financing which is a Shariah compliant product.
Based on the Shariah contract of Murabahah via Tawarruq (also known as Commodity Murabahah). Murabahah refers to the sale and purchase of an asset where the acquisition cost and the markup are disclosed to the purchaser. Tawarruq refers to purchasing an asset at a deferred price and then selling it to a third party to obtain cash. The Bank will use the cash obtained from the Tawarruq transaction to pay for the purchase of your desired property.

Long financing tenure based on your affordability.
May be used to refinance an existing home financing facility.
Transparency on your maximum payment obligation as the profit rate is capped at a ceiling profit rate.

Features	Terms
Profit Rate	Variable rate pegged to Standardised Base Rate
Tenure	Up to 35 years / 70 years of age
Age Requirement	21 years old and above
Margin of Financing	Up to 90% + 5% Mortgage Reducing Term Takaful and/or Financed Entry Cost Max 70% MOF for Cashline Facility-i
Financing Type	For financing the purchase of completed and under construction residential properties For financing the purchase of subsale properties For refinancing existing mortgage financing facilities Credit line provided via Cashline Facility-i

Product Produk	Financing amount Amaun pembiayaan	Financing tenure Tempoh pembiayaan	Effective financing rate Kadar pembiayaan efektif	Effective date Tarikh efektif
Home Financing Pembiayaan Perumahan	RM350,000	30 years / tahun	4.36% p.a.	10 May 2023

Fill in your details! Fields marked * are required.

Leave your details and we'll call at a time that works for you.

I hereby declare that the particulars stated herein are true, I have read and understood Personal Data Protection Terms and Conditions

LOCATE OUR BRANCH