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Mazaya Social Housing Finance Scheme

AlHilal Islamic

Financing

AlHilal Islamic

Financing


Mazaya - Social Housing Finance Scheme

AlHilal Islamic Banking offers you Mazaya “Social Housing Finance Scheme” that enables you to purchase the house of your choice through a Shari’a Compliant financing facility.

As a participating Bank with the Ministry of Housing, AlHilal Islamic Banking offers you Mazaya “Social Housing Finance Scheme” that enables you to purchase the house of your choice through a Shari’a Compliant financing facility.

Scheme Details:

As the customer receives the Eligibility certificate from the Ministry of Housing, the customer will approach AlHilal Islamic with a request to purchase any of the approved residential housing units within the scheme.

Features:

Maximum unit value

BD120,000

Subsidized finance amount 

 BD81,000

Finance up to 100% of your home’s value

You can apply now at al Hilal Islamic branch by filling in the application and submitting the following documents:

Two Valid IDs

Latest 3 months Bank Statement

Salary Certificate 

Eligibility certificate provided from the Ministry of Housing  

Latest  Pay Slip 

Unit Approval Certificate provided from the Ministry of Housing

Copy of the subject property title deed or sale and purchase agreement

Check your eligibility to apply for Mazaya Scheme

    Mazaya Finance Calculator

    Finance Amount

    1000

    BHD 1000BHD 81,000

    Tenure

    12

    12 Months300 Months

    Profit Rate

    3

    3 %10 %

    Disclaimer: Click Here to view the latest profit rates on the Base Rate sheet.

    Monthly Installment

    BHD


    Disclaimer: This calculation is approximate and not final.

    Down Payment:


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    For rates and charges please click here

    How can I apply for a Mazaya Scheme?

    Click on the Apply Now for apply or for more information click on Tell Me More.

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