Jumada Al-Thani 27, 1438 A.H
Monday, March 27, 2017
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MUSKUN Home Financing
 Bank Islami
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Home > Products & Services > Consumer Finance > MUSKUN Home Financing
 
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In order to determine the Installment amount as per the financing amount and tenure, please click on the Muskun Home financing facility required by you:
 
 
Your Home Current Market Value
Your Financing Requirement
Tenure of Financing in Years
 
Monthly Payment
Note:
Chain of Title documents provided must be original.
Home/Apartment to be financed must be for Residential purpose only.
The Profit rate used to calculate the monthly rentals is 1 Year KIBOR +3.5%.
This product is based on the mode of Diminishing Musharakah.
The installment amount will decrease with the passage of time.

 
Your Home Current Market Value
Your Financing Requirement
Tenure of Financing in Years
No. of Tranches
 
1st Tranche Schedule
2nd Tranche Schedule
3rd Tranche Schedule
4th Tranche Schedule
Monthly payment after 12 month of last disbursement.
Note:
Chain of Title documents provided must be original.
Amount of Tranches will be calculated as per BOQ(Bill of Quantity).
Home/Bungalow to be financed must be for Residential purpose only.
In case of financing required for land + construction, we can finance 50% of the cost of land at the time of Property purchase. The rest of the financing amount for Home construction will be provided in 3 tranches after receiving approved Building plan and Bill of Quantity.
The Profit rate used to calculate the monthly rentals is 1 Year KIBOR +3.5%.
This product is based on the mode of Diminishing Musharakah.

 
Your Home Current Market Value
Your Financing Requirement
Tenure of Financing in Years
No. of Tranches
 
1st Tranche Schedule
2nd Tranche Schedule
Monthly payment after 12 month of last disbursement.

Note:
Chain of Title documents provided must be original.
Home/Apartment to be financed must be for Residential purpose only.
Permission to Mortgage, Bill of Quantity and approved Building plan must be provided at the time of financing.
The Profit rate used to calculate the monthly rentals is 1 Year KIBOR +3.5%.
This product is based on the mode of Diminishing Musharakah.


 
Your Home Current Market Value
Your Financing Requirement
Tenure of Financing in Years
 
Monthly Payment (1-12 months)
Monthly payment after 12 month of last disbursement.

Note:
Chain of Title documents provided must be original.
Home/Apartment to be financed must be for Residential purpose only.
The Bank will only finance the outstanding principal and not the markup.
The Profit rate used to calculate the monthly rentals is1 Year KIBOR +3.5%.
This product is based on the mode of Diminishing Musharakah.


 
 
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