You purchase the property jointly with the Bank – your deposit is your stake and we fund the rest. You pay rent on the portion that the Bank owns, and gradually acquire the Bank’s share through acquisition payments over the term of the finance agreement. If you choose to pay rent only, you make a lump-sum acquisition payment at the end of the finance term.

We use a Shariah-compliant financial arrangement that is known as ‘Commodity Murabaha’. The Bank organises all the necessary elements of purchasing and selling commodities to generate liquidity you need to purchase the property.