ALB
Al Baraka Bank — Home Loans
2 Al Baraka Bank products in the "Home Loans" category: 2 products. Compare terms and apply online on CompareZA.
Al Baraka Bank — all categories
ALB
Al Baraka BankHome Finance — purchase
On request
p.a.
Property type:Residential property (Islamic co-ownership structure)
RateOn request
AmountAmount on request
Termup to 360 mo.
Shariah-compliant Musharaka structure — not a conventional interest rateProfit/rental rate fixed for 12 months, reviewed annuallyNo monthly admin fee
ALB
Al Baraka BankHome Finance — refinance / bond switch
On request
p.a.
Property type:Residential property, switching an existing bond to an Islamic structure
RateOn request
AmountAmount on request
Termup to 240 mo.
Shariah-compliant Musharaka structureFinances up to 90% of property value; the remainder stays as your own equity share