Islamic Asset Finance
Finance your lifestyle
Suitable for all types of customers, private individuals as well as businesses
What this is
Banking the Islamic way
We have a Shari'ah compliant property loan whereby the bank acts as an agent of the client to buy a property on the client's behalf.
The bank and the client enter into a contract in which the client repays the capital borrowed, the costs and the profts over a fxed period.
The benefits
The benefits of the Islamic Finance residential property home loan are:
- It's Shari'ah compliant
- The term of the loan is over a fixed period
- All profit is disclosed and the client is not exposed to interest rate/market changes
- Clients can budget accordingly as instalments are fixed for the entire period of the loan
