Facility to finance purchase of multiple housing units/and or office space (income generating property).
Shari’ah contract: Diminishing Musharaka.
Features
Loan to Value Ratio
Loan to Value ratio - Max 80%.
Tenure
Tenure – Max 20 years.
Target Audience
- Individuals/entities seeking investment in property.
Benefits
- Peace of mind that comes with property ownership.
- Capital gains.
- Equity builds up over time.
- Sustainable cash flow.
Rates & Fees*
- Documentation Fees - up to 2.5% of facility amount.
- Ledger fees.
- Competitive Profit Rate.
