- Based on the Shariah principle of Murabahah (cost plus profit) where the Bank provides financing to the customer via the trade of identified Shariah-compliant commodities such as Crude Palm Oil and RBD Palm Olein.
- A choice of affordable profit rates either fixed, tiered or variable profit rates
- No compounding of profit and other charges
- No early settlement charges/ lock-in period penalty
- Protection of ceiling rate upon the fluctuation of Islamic Base Rate (IBR) throughout tenure
- Competitive financing rates and margin of financing
- Lower monthly instalment with longer payment period of up to 35 years or until the age of 70, whichever event occurs first
- Higher financing eligibility of up to 70% of your gross income*
- Higher financing margin of up to 95%of the value of the house (including capitalisation of related expenses such as MRTT contribution)
- MRTT coverage, which settles your outstanding mortgage and transfers the title deed to your family in the event of death or total and permanent disability
- Stamp duty waiver on conversion from conventional to Islamic facility
- Hassle free for third party financing
- Rebates for early settlement
- Minimal documentation compared with other home financing plans
- Convenient instalment payment options via Maybank and Maybank Islamic branches, ATMs, Kawanku Phone Banking, and online via Maybank2u.com.
- Flexibility to redraw additional payment made in excess of the normal monthly instalment amount. Redrawing via M2U (for fully release only) or over-the-counter (for fully and progressive release) is subject to RM25 fee per transaction.
*Terms and Conditions apply