Housing Financing Program (Manazel) - Safa Bank
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Housing Financing Program (Manazel)

Your dream home is now yours with the Islamic housing financing program offered by Safa Bank

Own your dream home by benefiting from the housing financing program offered by Safa Bank, which enables you to buy your own home with ease and in compliance with the regulations of Islamic Sharia, through the lease-to-own model.

Program Benefits:

  • Compliant with Islamic Shari'a regulations.
  • Financing value of up to 250 thousand US Dollars.
  • A payment period of up to 300 months.
  • A free collaborative life insurance policy for the client throughout the financing period.
  • A free collaborative insurance policy that covers theft, fire, and disasters for the property throughout the financing period.

 

Financing Requirements:

  • The client’s salary must be transferred to the Bank.
  • The availability of advance payment in the amount equivalent to 15% of the real-estate value, as per the instructions of the Palestine Monetary Authority.
  • The Bank will look into any exceptional cases.
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