Wednesday, 18 January 2017, 19 Rabiulakhir 1438H Solat Time:
KL Imsak 5:55 | Subuh 6:05 | Syuruk 7:24 | Zohor 1:26 | Asar 4:49 | Maghrib 7:23 | Isyak 8:37

Property Financing-i (Tawarruq) – Baiti Home Financing


Choosing the right kind of home with a right kind of house financing product couldn’t be any easier!!!

With Baiti Home Financing, we offer a comprehensive and fully Shariah Compliance Home Financing solution that best meet your financing needs.
Attractive Terms

  • High Margin of Financing up to 90%
  • Financing for :
    • Mortgage Reducing Term Takaful (MRTT)
    • Long Term House Takaful (LTHT)
    • Stamp Duty
    • Legal Fees
    • Valuation Fees
  • Financing Tenure of up to 35 years or age 70, whichever is earlier
  • Competitive Financing Rates

Better Cost Saving

  • 20% discount on Stamp Duty for Perfecting The Bank’s Securities Documentation (subject to change from time to time)
  • No Processing Fees

Bonus Benefits

  • Refer the payment of two monthly installments with our Payment Holiday (every November and December)

You are eligible if you are :

  • Age 18 to 70 years old
  • Malaysian Citizen
  • Not a bankrupt or have any legal action

Document required:

  • Photocopy of identity card
  • Sales & Purchase Agreement
  • For salary earners :
    • Latest 3 months salary slips
    • Latest 3 months salary crediting account statements
    • Employer’s confirmation letter
    • Annual Income Statement/ BE Form / EPF statement
    • Any other supporting income documents
  • For businessmen :
    • Company / Business Registration
    • Last 6 months’ Bank Statements
    • Latest 3 years Financial Statement
    • Latest B Form
    • Any other supporting income documents

SJKP Housing Scheme

  • This scheme is to cater the purchase of resident house under the priority sector for low cost & medium cost property costing up to RM150,000.
  • Maximum financing up to RM300,000
  • Margin of financing up to 100% including Takaful

Eligibility criteria :

  • Age 18 to 65 years old
  • Non fixed income earner with monthly income of more than RM1,000, or fixed monthly income earner with monthly income of more than RM1,000
  • First house financing for own occupancy
  • Not a bankrupt or have any legal action

Required document for SJKP

  • Photocopy of identity card
  • Sales & Purchase Agreement
  • For businessmen :
    • Company / Business Registration
    • Income must be verified and confirmed by Village Headsman (Penghulu/ Penggawa) or JKKK or Government Officer Category A
    • Last 6 months’ Bank Statements
    • Latest 3 years Financial Statement
    • Latest B Form
    • Any other supporting income documents
  • For fixed income earner:
    • Latest 3 months salary slips
    • Employer’s Confirmation Letter
    • Annual Income Statement
    • Any other supporting income documents:

“My First Home Scheme”

  • This scheme provides the financing facility for the purchase of residential property value RM100,000 up to RM500,000.
  • Financing tenure is up to 35 years or age 65, whichever is earlier.
  • Margin of financing is up to 100% against SPA/OMV, whichever is lower + 5% for MRTT and LTHT.

Eligibility criteria:

  • Malaysian citizen
  • Young adults, age not exceeding 40 years old
  • First time home buyer for owner occupation
  • Single customer’s income not exceeding RM5,000 per month and for joint customers, the combined monthly income must not exceed RM10,000* (*regardless single or joint applicants, the monthly income for respective individual customer must not exceed RM5,000)
  • Customer must be gainfully employed

Document required:

  • As per Baiti Home Financing

PR1MA :

  • We also offer financing for Project under PR1MA for those are eligible. For more information, please visit the nearest Bank Islam Branch

Product Disclosure Sheet

Subject to terms & conditions

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or contact our Call Center at 03-26 900 900.

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