DO YOU KNOW ABOUT THE JAIZ HOME FINANCE? This is a home finance product that enables customers acquire, build or complete a home under the principle of Ijarah wa iqtina (a lease to own). The asset/property is purchased/constructed and owned by both the bank and the customer jointly. The Bank then leases its part to customer against an agreed rental plus bank’s share over an agreed period with the flexibility of a monthly, quarterly, biannual or annual repayment plan.
Posted on: Mon, 01 Dec 2014 10:19:19 +0000