Islamic Home Purchase Plan
Home purchase plan (HPP) is a Shariah-complaint product that allows you to buy or refinance your home. This product is for those who wish to buy their home to live in, switch their conventional mortgage to Islamic Financing or release some equity for other needs in a Shariah-compliant manner.
Islamic home purchase plan facility is built upon morally-binding promises between the customer (you) and the Islamic home purchase provider (Bank) under the principle of Diminishing Musharakah. Where you establish a partnership of mutual consent for the joint ownership of a property and rent the rest out. You eventually become sole owner once all of the acquisition payments have been made.
To find out more, contact us +0207 856 0320 (Open 5 days a week from 09:00 am to 17:00 pm), or visit Request a call back
How can we help?
Our company is committed to provide Shariah Compliant Financial Services to the customers around the globe. Our company put forward the recommendation to the clients from anywhere around the world considering their individual circumstances, followed by packaging the case and presenting the same to the bank, thereby allowing us to take the stress and trouble out of the process in order to improvise the chances of getting a progressive outcome.
Finance calculator
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Stamp duty calculator
Are you buying a property in the UK? Use our calculator below to check how much Stamp Duty you’ll have to pay.
LBTT & LTT
Land and Buildings Transaction Tax is applicable for the people living in Scotland and Land Transaction Tax is applicable for the people living in Wales.