House Finance
First IBL Modaraba’s House Finance is the key to your dream house.
A model that is a mix of Musharakah & Ijarah, the Modaraba enters into a partnership with you and helps you in fulfilling your dream of owning a house quickly, conveniently and in a fully Shariah compliant manner. Whether you want to buy, renovate or simply wish to switch from your present house finance with any other bank, First IBL Modaraba’s facility would be the best Shariah compliant alternative.
Currently FIBLM House Finance is offering three product variants:
• House Purchase.
• Purchase of Undivided Share (Home Renovation).
• Purchase of Undivided Share of Property from an Other Bank (Balance Transfer).