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Make your property work for you with MANZILI HomeInvest, a part of the comprehensive MANZILI home finance package. Based on the Islamic finance concept of Musharakah-Ijarah, the Bank will buy a share of your property and lease it back to you, giving you substantial financial power to spare. Periodic rentals are charged at competitive rates and your property will be gifted right back to you at the end of the lease tenure.
What makes it even easier is the fact that you can pay back in convenient installments on a monthly basis. Simply choose your dream home and leave the rest to us.
Benefits and Features:
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Speedy process and approval Fast approval after receiving your completed application and relevant documents.
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Attractive and competitive profit rate Enjoy one of the most competitive rates in the market.
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Longer tenure Repayment tenure up to 25 years ensures that your cash flow will not be strained.
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Fixed periodic installment Your monthly repayment amount will remain fixed throughout the finance tenure, helping you plan out your finances according to your convenience.
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Low minimum down payment
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Completed Properties - Own your property by paying a downpayment upto 15% of your property's current market value.
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Incomplete Properties - Own your property by paying a downpayment upto 15% of your property's original value.
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Mortgage assurance Insure your family against the burden of future installments should any untoward accident happen to you. Financing of Takaful premium is also available.
- Convenient processing and low fees
- Minimal documentation
- Low processing fees
- Your repayment starts only when your property is completed or immediately in case of ready properties
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(c) 2010. Emirates Islamic Bank - All Rights Reserved.
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