Al Baraka First Home
The advantageous programme for acquiring your very first property.
Individual Offer100% Sharia Compliant
Al Baraka First Home
Designed under the national First Home programme, this formula makes it easier for middle-income households to access home ownership, with reduced financing terms.
Key Features
- •Financing of the self-contribution of up to 20% in the form of a state-subsidized loan
- •Mourabaha financing by Al Baraka of the remainder of the purchase price
- •Repayment term of up to 25 years
Benefits for You
Minimal personal down-payment requirement
Particularly attractive rate cap
End-to-end support in putting together your application