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Maskani House Financing

Knowing the importance of providing tailor made Islamic banking services to fit the needs of our clients . We have facilitated the process of obtaining the house of your dreams, while complying with the Islamic Sharia'ah, based on a long term financing structures.

Murabaha to purchase residential apartments and, houses

Currency USD
Financing Period Up to 25 years
Down Payment 40% of the house cost & can be reduced to 25% in case the house is a first residence
Profit rate BRR "Beirut Reference Rate" + 1% p.a.

Required documents and conditions related to “MASKANI” Program:

  • The client must be at least 18 years old.
  • A copy of the identity card or passport.
  • The client must be an employee for more than two years or self-employed.
  • A duly certified statement of the salary or the source of income.
  • Documentation related to the real estate must be submitted (a copy of the title deed, a mark-free real estate certificate, and an agreement with the original property owner stipulating the price of the property).
  • Monthly payment must not exceed 35% of the monthly income.
  • A life insurance covering the outstanding Murabaha amount.
  • A fire and natural disaster insurance policy.
  • 1st degree mortgage on the residence.
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