KFH Musyarakah Mutanaqisah Home Financing-i

Buying a home is a big commitment. Kuwait Finance House (KFH) Musyarakah Mutanaqisah Home Financing-i makes it convenient for you by offering the best of house financing features and flexibility.

This unique product is a combination of 2 Islamic concepts namely, Musyarakah Mutanaqisah with Ijarah, or with Ijarah Mausufah Fi Zimmah. An alternative to conventional housing loans, we offer sound protection for your investment with greater savings.

Currently available for selected projects only.


Product Features

• Equity partnership
• Value-for-money financing packages with greater flexibility
• Enjoy financing of MRTT at a reasonable profit rate provided based on the Murabaha Tawarruq concept
• Competitive Shariah compliant MRTT packages that protects your investment
• Longer financing tenure of up to 35 years or age 70 whichever is earlier
• High margin of financing up to 90%
• Multi-tiered installments based on prevailing rates

MRTT = Mortgage Reducing Term Takaful


Eligibility

• Available for Individual & Joint Applications
• Open for Malaysian and Non-residents


Documents Required

Salaried Individual

• Identity Card
• Latest Payslip
• Personal Bank Statement where salary is credited
• EPF Statement
• EA Form
• Other Documents on case to case basis

Self Employed

• Certificate of Business Registration
• B or BE Form
• Personal Bank Statement
• Business Bank Statement
• Other documents on case to case basis

Persons with Variable Income

• Commission payment / statement
• Annual commission payment / Statement
• Personal Bank Statement
• BE Form
• Other documents on case to case basis


NOTE: Please be advised that the product mentioned above may change from time to time, as the market and industry evolve.

For further information, please call Kuwait Finance House Customer Service Center Tel: 1300 888 534 (+603-2168 0464 from overseas), or visit the nearest Kuwait Finance House branch today.

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