Shariah-Compliant Home Financing and Halal Mortgage Solutions
Your life’s dreams and goals aligned with your beliefs and values.
Shariah-Compliant Home Financing and Halal Mortgage Solutions
Your life’s dreams and goals aligned with your beliefs and values.
Shariah-Compliant Home Financing and Halal Mortgage Solutions
Your life’s dreams and goals aligned with your beliefs and values.
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending. A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending. A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending. A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What makes it Halal?
Interest-Free (No Riba)
Under Islamic law, Riba (or interest) is prohibited as it's an exploitative arrangement that keeps the poor stuck with ever-growing debts while the rich increase their wealth without creating any extra value.
Islamic Compliant Transactions
Our investment, finance and mortgage products are based on Shariah compliant underlying principles including Murabaha (cost plus sale), and Musharaka (partnership).
Shariah Governance
Three layers of Shariah governance: 1. Internal Shariah compliance function 2. Active three-member Shariah Supervisory Board 3. Independent external Shariah Auditor
Clear & Transparent Contracts
Contracts are fair, clear, and transparent. Both regulatory and Shariah compliance requirements have been reviewed by our legal and Shariah teams to ensure relevant compliance. Terms are laid up front in clear and simple language.
What makes it Halal?
Interest-Free (No Riba)
Under Islamic law, Riba (or interest) is prohibited as it's an exploitative arrangement that keeps the poor stuck with ever-growing debts while the rich increase their wealth without creating any extra value.
Islamic Compliant Transactions
Our investment, finance and mortgage products are based on Shariah compliant underlying principles including Murabaha (cost plus sale), and Musharaka (partnership).
Shariah Governance
Three layers of Shariah governance: 1. Internal Shariah compliance function 2. Active three-member Shariah Supervisory Board 3. Independent external Shariah Auditor
Clear & Transparent Contracts
Contracts are fair, clear, and transparent. Both regulatory and Shariah compliance requirements have been reviewed by our legal and Shariah teams to ensure relevant compliance. Terms are laid up front in clear and simple language.
What makes it Halal?
Interest-Free (No Riba)
Under Islamic law, Riba (or interest) is prohibited as it's an exploitative arrangement that keeps the poor stuck with ever-growing debts while the rich increase their wealth without creating any extra value.
Islamic Compliant Transactions
Our investment, finance and mortgage products are based on Shariah compliant underlying principles including Murabaha (cost plus sale), and Musharaka (partnership).
Shariah Governance
Three layers of Shariah governance: 1. Internal Shariah compliance function 2. Active three-member Shariah Supervisory Board 3. Independent external Shariah Auditor
Clear & Transparent Contracts
Contracts are fair, clear, and transparent. Both regulatory and Shariah compliance requirements have been reviewed by our legal and Shariah teams to ensure relevant compliance. Terms are laid up front in clear and simple language.
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
What is a Halal Mortgage?
As per Islamic requirements in respect to financing, Manzil’s relationship with the customer is a relation of a seller to a buyer for Murabaha or a partner for Musharaka, and not a lender to a borrower as it is in conventional lending.A lender lends money and is repaid with more money (i.e. interest which is prohibited from a Shariah point of view), while Manzil finances the transaction through buy and sell activities or a partnership, so that there is a profit on the transaction, and not interest (Riba).
Halal Certifications
Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.
Halal Certifications
Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.
Halal Certifications
Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.
Halal Home Financing
✔ End-to-end Shariah compliance ✔ Fixed or variable financing rates with terms up to 25 years
Halal Home Financing
✔ End-to-end Shariah compliance ✔ Fixed or variable financing rates with terms up to 25 years
