Home financing

Move closer to your dream home

HSBC Amanah Home Finance makes it possible to own your home without contravening the guidelines set by our Shariah advisors.

The underlying product structure varies by location. In the case of murabaha, we replace an interest-based mortgage with a trade-based solution by buying your house of choice from the mortgage provider and then reselling it to you over a period of fixed installments. Our ijara product works more like a floating rate mortgage, where we lease the property to you in return for monthly rental payments. Once the lease period is completed, we transfer the title of your new home to you.

Under our diminishing musharakah product the bank will buy the property jointly with you. As you make monthly payments, your share of the property will increase as the bank's share decreases. With each payment you make, you will pay us rent for use of the bank's share of the property and acquire an additional share for yourself. Once all the payments have been made, you will own all the shares and the property will be transferred to your name on your instruction.