Residential Finance (Bayti) and Subsidized financing Murabaha

Tenure in years 5
Total commitment N/A
Profit Rate type Murabaha
First Home Yes
  Subsidized Financing based on property Financing based on property price
Property price 600,000
Down payment 5% (30,000) 10% (60,000)
Tenure in months 60
Profit Rate 2.90%
Principle 570,000 540,000
Gross finance amount 652,650 618,300
Monthly installment 10,877 10,305
APR 5.98% 6.01%
Administrative fees 5,000

Residential Finance (Bayti) and Subsidized financing Ijarah

Tenure in years 5
Total commitment N/A
Profit Rate type Rental
First Home Yes
  Subsidized Financing based on property Financing based on property price
Property price 700,000
Down payment 5% (20,000) 10% (40,000)
Tenure in months 60
Profit Rate %2.40 %2.50
Principle 665,000 360,000
Gross finance amount 425,600 405,000
Monthly installment 7,093.33 6,750.00
APR 5.08% 5.27%
Administrative fees 3,800 3,600

Financing Investment from property income Ijarah

Property price 5,000,000
Down payment 30% (1,500,000)
Tenure in months 60
Profit rate %4.00
Principle 4,200,000
Gross finance amount 4,725,000
Monthly installment 78,750
APR 4.89%
Administrative fees 5,000
Product Profit Type Minimum profit rate APR
Residential Finance Ijarah 2.40% 4.67%
Residential Finance Murabaha 2.90% 5.63%
Equity Release Murabaha 2.90% 5.63%
Investment Finance (Salary) Ijarah 2.50% 4.87%
Investment Finance (Property income) Ijarah 4.25% 6.94%
Investment Finance (Salary) Murabaha 2.90% 5.63%
Investment Finance (Property income) Murabaha 4.50% 7.28%

The above are only examples, prices are subject to change if there are influencing factors such as the customer's credit history.