Sharia-Compliant Finance

  • Fully-featured home loans
  • Competitive rates
  • Sharia-compliant
  • Fixed and variable 

Supporting individuals in purchasing their first property, moving into a new home, or investing in property through a finance solution designed to align with Sharia requirements.

Full features

Finance purpose

  • Residential – Owner-Occupied or Investment

Rent rate type

  • Variable or
  • Fixed

Payment options

  • Payment on account of the amount of finance and rental rate, or
  • Rental Only is available for an agreed period.

Finance term

  • Up to 30 years (payment on account of the amount of finance and rental rate)
  • Up to 5 years (Rental Only payments)

Maximum Finance to Valuation Ratio

  • 95%

Maximum finance amount*

Minimum finance amount

  • $50,000

Borrower

  • Offset facility available – linked to the home finance, allowing borrowers to reduce Rent payable.
  • Optional redraw facility available – enabling clients to access additional payments made over and above the minimum payment required.
  • Visa Debit card available for Australian residents and only, during the construction period, if an offset facility is linked to the Visa debit card; or after the construction period.

Payment features

Payment frequency

  • Principal and Rent (weekly, fortnightly and monthly options available)
  • Rent Only (monthly)

Transaction functionality

  • Unlimited transactions via internet, phone, BPay, debit card, ATM

Make additional payments

  • Unlimited on variable rate splits. $20,000 p.a. for fixed rate splits 

Payment method

  • Salary credit/direct debit

Cash out / Equity Release available

  • > 90% LVR (cash out not available) 
  • >80% and ≤ 90% LVR (limited to 20% of security value) 
  • ≤ 80% LVR (unlimited)