Property Financing Program
You can now own your dream property through Palestine Islamic Bank property financing plan as per the Islamic Sharia Compliance via Murabaha, at a maximum of USD 150,000 over a 15 years installment plan.
- The customer's wife can be a personal guarantor.
- First payment not less than 15% of the property’s value.
- Customer’s salary to be transferred to the bank. employer shall be an accredited party.
- Customer to have been employed for a minimum of 3 years with his employer/company.
- Required property to be located within the areas of Authority (A) or (B).
- Obtaining a takaful lifetime insurance policy from the bank for the duration of the finance and property insurance too.
- Mortgaging the property to the bank