Compare Islamic home loans and home finance by market

Declining Balance Co-ownership Program

Guidance Residential, LLC

Product type

Diminishing Musharakah / declining-balance co-ownership home finance

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• Guidance and the homebuyer purchase the property as co-owners; monthly payments include a utilization payment and acquisition of Guidance's ownership share.
• The provider's current official material states a minimum down payment as low as 3% for qualifying applicants.
• Contract terms of 15, 20, or 30 years are published on the official refinancing FAQ.
• The provider states that late-payment fees are capped at USD 50 or less and that there is no pre-payment penalty.
• Guidance publishes NMLS ID 2908 and state-by-state licensing disclosures on its official site.

Residential Partnership Program

UIF Corporation

Product type

Musharakah partnership home finance

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• UIF and the customer contribute to the purchase price; the customer pays rent for use of UIF's share and progressively buys that share.
• Published terms are 10, 15, 20, or 30 years with monthly buyout and use-payment components.
• The official FAQ states that minimum down payment can be as low as 3%, subject to credit score, property location, and program.
• The official FAQ states that there is no pre-payment penalty and that profit is prorated when the remaining acquisition balance is paid early.
• UIF publishes NMLS ID 93460, identifies itself as a non-bank subsidiary of University Bank, and lists the states where the partnership program is offered.

Murabaha Home Purchase

Devon Bank / Devon Islamic Finance

Product type

Murabaha installment-sale home finance

Evidence status

Partial record

Checked

2026-09-15

Verified product fields

• Devon describes the transaction as the bank purchasing the selected home and reselling it to the customer for an agreed fixed price that includes disclosed profit.
• The current official home-purchase page lists service in 33 US states.
• Provider material states a minimum down payment of at least 5%, while making clear that qualification and pricing depend on underwriting.
• Devon Bank identifies the program as reviewed by the Shariah Board of America and publishes links to its fatawa.
• Devon Bank is an FDIC-insured bank; its official site distinguishes its nationwide Islamic financing from its other banking products.

Home Purchase Plan — Acquisition and Rent

Gatehouse Bank plc

Product type

Home Purchase Plan / joint purchase with acquisition and rent

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• The customer and Gatehouse jointly buy the property; the customer's deposit is its initial stake and the bank funds the remainder.
• The product is available for eligible purchases and refinances in England and Wales, including separate UK-resident, UK-expat, and international-resident ranges.
• Current product filters publish up to 95% finance-to-value for UK residents; exact caps and maximum finance differ by range and property type.
• The published finance term is 5 to 40 years, with minimum finance of GBP 75,000 on the displayed ranges.
• Current product rows disclose initial rental rate, follow-on Standard Variable Rate, application/product fees, and early-redemption charge schedules; up to 10% additional acquisition payment per anniversary year can be charge-free during a fixed period, subject to conditions.

Home Purchase Plan

Offa Money Limited

Product type

Co-ownership-with-leasing Home Purchase Plan

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• Offa describes two independent arrangements: co-ownership and leasing, with monthly acquisition and rental components.
• The 2026 criteria guide publishes a minimum finance amount of GBP 60,000, maximum GBP 1.5 million, and maximum 95% FTV for eligible UK residents.
• The criteria guide publishes a minimum term of 7 years and maximum term of 40 years, subject to age restrictions.
• The official product page states availability for eligible UK residents and British expatriates buying or refinancing in England and Wales, with deposits starting from 5%.
• Offa identifies Offa Money Limited as FCA-authorised under FRN 1000573 and identifies Amanah Advisors as the product's Shariah certifier.

Residential Home Purchase Plan

StrideUp Homes Limited

Product type

Diminishing Musharakah Home Purchase Plan

Evidence status

Partial record

Checked

2026-09-15

Verified product fields

• StrideUp co-purchases the property and the customer's payment contains an acquisition portion plus rent on StrideUp's remaining share.
• The provider states a minimum 10% contribution, depending on the offering available at the time.
• Current official help material publishes minimum finance of GBP 50,000 and maximum finance of GBP 1.5 million at up to 80% FTV or GBP 1 million at up to 90% FTV.
• The residential route is for an eligible home in England that the applicant will occupy.
• StrideUp identifies Amanah Advisors as the independent Shariah adviser and states that the Home Purchase Plan is FCA regulated.

Manzil Homes Program — Musharaka

Manzil Homes / applicant-specific Manzil funding vehicle

Product type

Musharaka home-finance facility

Evidence status

Partial record

Checked

2026-09-15

Verified product fields

• The official rate sheet identifies new purchase, transfer, and refinance purposes under a Musharaka program.
• The November 27, 2025 rate sheet publishes maximum 80% finance-to-value, maximum CAD 1.5 million financing, minimum 680 credit score, and 39%/44% gross/total debt-service ratios.
• Published amortization is up to 25 years, with 2-, 3-, 4-, and 5-year fixed open and renewable terms.
• The rate sheet lists Ontario, Alberta, and British Columbia and explains an early-termination sale price based on the outstanding fund contribution and then-applicable profit rate.
• The rate sheet says its terms are indicative and that the signed commitment letter prevails.

Monthly Murabaha Halal Home Financing

EQRAZ Inc. / named EQRAZ Funding Vehicle subsidiary

Product type

Commodity Murabaha home finance with renewable term

Evidence status

Partial record

Checked

2026-09-15

Verified product fields

• EQRAZ describes an initial deferred Murabaha followed by monthly Murabaha transactions using Shariah-compliant commodities rather than the home as the traded asset.
• The applicant holds full title from the beginning and signs a Murabaha Agreement plus a standard Canadian mortgage charge with the named funding vehicle.
• The official FAQ publishes a 25-year amortization and fixed renewable terms up to five years.
• The product is for ready-to-move-in owner-occupied homes; the official FAQ states availability across Canadian provinces.
• The provider states that partial/full prepayment and portability are available with applicable Canadian-industry-standard fees.

Murabaha or Diminishing Musharakah Home Financing

Canadian Halal Financial Corporation

Product type

Murabaha installment sale or diminishing Musharakah

Evidence status

Evidence gap

Checked

2026-09-15

Verified product fields

• The provider publishes two contract routes: Murabaha and diminishing Musharakah.
• The official financing page requires an owner-occupied purchase, a minimum contribution of 20% of the lower of purchase price or appraised value, adequate income, and good credit history.
• The customer's name is registered on title, and the official FAQ says Musharakah customers can pay up to 20% of the financed amount each year without penalty and up to 100% every fifth year.
• The official FAQ says the Murabaha route does not permit additional payments.
• The provider publishes Al Azhar and Edmonton-area fatwa/endorsement material for its contract forms.

Commodity Murabahah Home Financing-i

Maybank Islamic Berhad

Product type

Commodity Murabahah / Tawarruq property finance

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• Maybank Islamic purchases a Shariah-compliant commodity and sells it to the customer at cost plus profit on deferred terms, acting as agent for the cash sale.
• The current product route publishes up to 95% of house value including eligible related expenses, subject to product and credit conditions.
• Published tenure is up to 35 years or age 70, whichever occurs first, with a minimum property value of RM75,000 and minimum financing of RM10,000.
• The provider publishes fixed, tiered, or variable profit-rate options, a ceiling-rate protection, no compounding, no early-settlement charge/lock-in penalty, and an early-settlement rebate.
• Legal, valuation, and stamp-duty costs are payable; the provider states there is no commodity brokerage/trading fee.

Flexi Home Financing-i

CIMB Islamic Bank Berhad

Product type

Islamic home finance linked to SMIA-i

Evidence status

Partial record

Checked

2026-09-15

Verified product fields

• CIMB combines the financing account with a Shariah-compliant investment account (SMIA-i), with excess balances used to reduce daily financing profit.
• The official product page publishes financing up to 95% inclusive of MRTT, legal, and valuation costs, capped at 5% for those related costs.
• Published tenure is 5 to 35 years or age 70, whichever occurs first.
• The route covers purchase and refinance of completed and under-construction residential properties for individuals aged 18 or above.
• The provider publishes separate Malaysian, permanent-resident, and selected foreign-applicant document requirements.

Home / Property Financing-i (Baiti route)

Bank Islam Malaysia Berhad

Product type

Tawarruq / Commodity Murabahah secured property finance

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• The August 1, 2025 PDS identifies a Tawarruq structure using two sales, with Bank Islam acting as purchase and sale agent for the customer.
• The PDS covers residential purchase/refinance, Wakaf-land residential rental, business premises, and land/construction purposes; exact purpose must be selected in the offer.
• The PDS illustration uses a 35-year home-finance tenure and makes clear that floating profit changes with the Standardised Base Rate while a ceiling profit rate caps the sale price.
• Published charges include 0.5% stamp duty, RM50 agency fee, disbursement/registration costs, valuation where applicable, and 1% p.a. late-payment compensation on overdue instalments.
• The PDS warns that the secured property may be foreclosed after non-payment and requires the customer to contact the bank when facing payment difficulty.

Home Finance

Abu Dhabi Islamic Bank PJSC

Product type

Ijarah home finance

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• The current KFS describes purchase, construction, off-plan, renovation, buyout, and finance-against-property routes; exact route is offer-specific.
• Maximum published finance is AED 30 million and maximum tenor is 300 months.
• The KFS publishes fixed-then-variable and variable profit options linked to one-month EIBOR plus an ADIB margin, subject to a minimum profit rate.
• Maximum age at maturity is 70 for UAE nationals and self-employed expatriates, and 65 for salaried expatriates and non-residents.
• The bank publishes a separate tariff and states that applicant-specific terms are determined by the lease contract and offer.

MyHome Home Finance

Dubai Islamic Bank PJSC

Product type

Ijarah home finance; separate Istisna'a/Ijarah and Murabaha routes may apply

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• DIB publishes an Ijarah route for completed homes and links separate certificates for under-construction Istisna'a/Ijarah and Murabaha structures.
• The current home-finance hub publishes up to 85% financing for UAE nationals and 80% for expatriates, with maximum tenure of 25 years.
• The KFS publishes a due-diligence/documentation fee based on finance amount, with a minimum AED 5,250 and maximum AED 105,000 inclusive of VAT.
• The KFS publishes an early-settlement charge equal to the lower of 1% of outstanding amount plus VAT or AED 10,000 plus VAT.
• DIB states that it is licensed and supervised by the Central Bank of the UAE and makes current product terms, warnings, tariffs, and Shariah certificates available from the product route.

Home Finance

Emirates Islamic Bank PJSC

Product type

Ijarah for completed property; Istisna'a plus Ijarah for construction

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• The bank purchases the completed property from the customer or a third party and leases it to the customer; construction uses Istisna'a followed by Ijarah.
• The KFS publishes maximum tenor of 25 years / 300 months and a reducing-balance profit method.
• The current product route publishes maximum finance-to-value of 85% for UAE nationals and 80% for expatriates, subject to a maximum finance amount of AED 25 million and bank approval.
• The KFS illustration separately identifies down payment, finance amount, profit rate, APR, processing fee, total payment, and total profit.
• The bank identifies itself as licensed by the Central Bank of the UAE and links product-level Shariah certificates.

Residential Ready Property Finance

Sharjah Islamic Bank PJSC

Product type

Ijarah residential property finance

Evidence status

Official fields checked

Checked

2026-09-16

Verified product fields

• The bank describes the product as Ijarah: it purchases the property and leases it to the customer for an agreed rent over the finance period.
• The official product route covers ready apartments, villas, townhouses and residential land, subject to valuation and eligibility.
• Published eligibility begins at AED 10,000 monthly salary and includes salaried and self-employed applicants; salary transfer is not universally required.
• The official page publishes finance up to AED 50 million and tenure up to 25 years for the residential route.
• The bank states that property and life takaful are required and that early settlement is permitted subject to the prevailing charge schedule.

Home Finance

Al Rajhi Banking and Investment Corporation

Product type

Murabaha real-estate finance

Evidence status

Partial record

Checked

2026-09-16

Verified product fields

• Al Rajhi describes the product as Murabaha finance for a ready property or an eligible Ministry of Housing project.
• The official page publishes a maximum finance period of 30 years and maximum finance amount of SAR 5 million.
• The route is offered to salary-transfer and non-salary-transfer customers, subject to employer and credit approval.
• The bank publishes a fixed profit margin for the agreed financing period and a possible grace period of up to three months.
• The product page identifies the finance as Shariah-compliant but leaves applicant-specific pricing and total payable to the final offer.

Mortgage Finance

Qatar International Islamic Bank Q.P.S.C.

Product type

Shariah-compliant mortgage / property finance

Evidence status

Partial record

Checked

2026-09-16

Verified product fields

• The official product page covers purchase of an existing building, construction and property renovation, including private and investment property purposes.
• QIIB publishes a maximum repayment period of 360 months.
• The page publishes finance of up to 80% of property value, subject to approval and property assessment.
• The route is available to individuals with salary and/or rental income; applicants must attend a QIIB branch and present a valid Qatari ID.
• Minimum age is stated as 18 for Qatari applicants and 21 for expatriates, with extra liability and statement documents required for a finance transfer.

Residential Finance

MCCA Islamic Finance & Investments Pty Ltd

Product type

Ijarah Muntahia Bittamleek residential finance

Evidence status

Partial record

Checked

2026-09-16

Verified product fields

• MCCA presents Residential Finance as its flagship Shariah-compliant home-finance product for Australian households.
• The official route identifies first-home purchase, next-home purchase, investment property, equity access, refinance and construction as separate applicant purposes.
• MCCA publishes an annual Shariah compliance certificate for its Ijarah Muntahia Bittamleek home-financing product.
• The provider states that product documentation and transactions remain subject to its Shariah structure, documentation and periodic audit.
• Application and facility details are handled through an applicant-specific finance process rather than a universal public offer.

Owner Occupied Home Finance

Kuwait Finance House PLC

Product type

Commodity Murabaha home finance or Ijarah Home Purchase Plan

Evidence status

Official fields checked

Checked

2026-09-16

Verified product fields

• The March 2026 official product guide publishes separate Commodity Murabaha and Ijarah Home Purchase Plan routes for owner-occupied property.
• The guide separates profit/rent-only products from amortising products and separates variable from indicative five-year fixed pricing.
• Published finance-to-value bands extend to 70% for the displayed owner-occupied range.
• The displayed amortising options publish terms up to 30 years, while profit/rent-only options publish terms up to 10 years.
• Rates and margins vary by finance-to-value band and route and are presented as dated intermediary information rather than a universal quote.