Islamic Financing
Home Purchase
Shariah Complaint – Shirkat-ul-Milk and Ijarah in the “Asset”
Purchase of constructed residential house/apartment (HP) up to Rs.10 Mn maximum or 80% of Forced Sale Value whichever is lower.
Easy selection of financing tenure from 5 years to 10 years.
Finance Burden Ratio: The aggregate Finance Burden should not be more than 50% of net income.
Finance to Value (FTV): Maximum Financing should not be greater than 60% of the appraised value of the property.
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