Amlak Finance
Dubai

Amlak Home Financing

Sharia-compliant home financing and equity release products. Discounts for those remortgaging from a traditional mortgage.

HSBC Amanah

Malaysia, Saudi Arabia

Amanah Home Financing (Malaysia)

The lender requires a deposit of no less than 10%. Uses the Islamic principle of Bai-Bithamnan Ajil (in other words, deferred payment sales) - you pay the deposit on a property, HSBC buys it from you and you then buy it back in fixed monthly instalments. If remortgaging with HSBC from a conventional mortgage, Stamp Duty is waived.

Manazel Home Ownership (Saudi Arabia)

Allows up to SAR 2,000,000 financing and there are joint applications for spouses. Based on Sharia principles, you pay an advance lease on your chosen property, the bank buys the property and you then buy in monthly instalments with rent included. You own the property at the end of the leasing agreement.

Pakistan

Easy Home

Sharia home finance scheme on a Diminishing Musharaka basis - joint ownership of property. The bank buys the property you want, you pay back price of the house in monthly instalments plus a rental payment. At the end of the leasing period you take full ownership. A deposit is required of no less than 15%. Flexible repayments are an option.

Tamweel

Dubai

A range of Sharia-compliant adjustable repayment mortgages over 15-25 years. Financing up to AED 5 million.

Yusr Finance

The process starts with a lower profit rate (alternative to interest rate) for three years (4.99-5.99%) which is then adjusted over time.

Home Owner

Based on Murabaha contract. Requires a deposit of no less than 20%.

Flexi rent to own

Based on Ijara contract. Requires a deposit of no less than 20%. The bank buys your house and you repay it in instalments over 25 years. A flexible profit (interest) rate is available.