jordan
Egypt
Tunisia
Sudan
Bahrain
Turkey
South Africa
Algeria
Lebanon
Syria
Pakistan
Libya
Germany
Iraq
Achieve your dream and own your property. We offer you ijarah muntahia bittamleek product, with a competitive profit return, and we help you secure the future for you and your family.
Through ijarah muntahia bittamleek product, the bank owns the assets (apartments, houses, lands, ...), then leases them for a specified fee for a known period according to terms agreed upon between the two parties (the bank and the customer), with a promise from the bank to the lessee (the customer) to assign to him for the leased asset, and to convey his ownership to him at the end of the contract period as ex gratia after paying the required rents.
Advantages of Ijarah Muntahia Bittamleek:
- Competitive rental income.
- Without credit granting commission / finance execution commission, amounting to (1%).
- Repayment period up to 25 years for apartments and houses, 20 years for lands.
- Possibility of financing without a down payment (accelerated rental payment).
- The possibility of approving and including family income from the first degree for joint financing.
- Acceptance of advance rental payments and early settlement.
- Including the customer in mutual insurance according to the conditions and limitations of the mutual insurance fund system.
- The percentage of obligations of the applicant for financing with us and with others not exceed (50%) of proven income.
The Required Documents :
- Offer to sell the property signed by the owner
- A registration deed for the property.
- An organizational site chart
- Land Chart
- The initial approval of the guarantor- if any.
- Identification documents.
- Proofs of income (salary certificate - salary transfer continuity).
- Certificate of registration and profession license for those with self-employment
