AmIslamic Bank Flexi Home Financing-i

AmIslamic Bank applies two Shariah concepts in offering you with your preferred choice of home financing packages. The Shariah concepts applied are Bai' Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MM).

Flexi Home Financing-i

Whether starting a family or investing for the future, the Flexi Home Financing-i plan helps you own a house the easier and more rewarding way. This Shariah-compliant plan also offers a maximum-capped profit rate that allows you to enjoy market rates yet protected.

Highlights

• Variable rate home financing facility
• Maximum capped profit rate
• Up to 95% margin of financing
• Up to 30 years or age 65 payment period
• Monthly rest profit calculation
• Processing fees waived (subject to terms and conditions)

Features

• Based on Shariah concept of Bai Bithaman Ajil (deferred payment sale)
• Financing of under-construction and completed property, including sub-sale
• Refinancing of completed property, including sub-sale
• Property includes residential and commercial
• Option to finance Mortgage Reducing Term Takaful (MRTT) for own protection
• Rebate for early settlement
• Rebate for difference between maximum-capped profit rate and effective rate (if any)

Requirements to Apply

• Minimum age: 18 years old & above.
• Minimum income: Monthly income of at least 3 times the monthly installment amount.
• Open to Malaysian citizens, Permanent Residents or workers with work permit in Malaysia.


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

To find out more about Flexi Home Financing-i, please contact the Ambank Contact Centre at 03 2178 8888 or visit the nearest AmBank branch.

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