Islamic Residential Property Finance

Finance your property in a Shari'ah compliant way.

Islamic Banking Base Rate (IBBR)*

10.50%

Call me back

Products to meet your needs

Diminishing Musharaka

A product that is based on a Diminishing Musharaka agreement which allows you to purchase the bank's portion up to a period of 30 years

Fixed profits

Profits are fixed for 1 year, reviewed annually

Re-financing options

Re-financing options on paid up property

Additional units

Eligibility to purchase additional units of the bank's portion at anniversary date

Be rewarded

Enjoy exclusive rewards like a welcome package, move-in day perks, and milestone rewards to celebrate key moments in your homeownership journey. Applicable to qualifying applications submitted from 1 December 2025.

Qualifying criteria

•Must be 18 years or older

Required documents

•Copy of Offer to Purchase (if applicable)

•Proof of income

•If self-employed: 2 years comparative financial statements

•Proof of residence (municipal utility bill)

•Copy of ID book/card

•Marriage certificate (if applicable)

•Completed application form

Apply for Islamic Property Finance

Pricing guide

Get started

Need to know more or want to start the process? Let us call you back.

Title

First name

Surname

Contact number

Email

Your message has been submitted

We will contact you within 2 working days (Monday to Friday). Your reference number is .

To follow up on this query, please contact us on 087 736 2247

Your details

Get in touch with us

Find your nearest branch

*This refers to the FirstRand Group IBBR.