IC B A N K AN D

V I D E D B Y ISLAM A L BANK
N G P R O N T IO N
NANCI CONVE
HOUSE FI A N PROV I D E D B Y
G LO
HOUS I N
E ( F F N 1 0603)
I S L A M I C FINANC
O U N D AT ION IN
F
D FOR HYEDIN
PREPARE IN T I M A
I D A T U L AKMAR B
D A M N UR SYAH
MA
BY IN -
PREPARED MAD HISHAMUDD
F I Y B I N MOHAM
M A D HA 0432 2311
M U H A M 01210207 NOR-0 1 2 021 07
I NT I H AM
H H A NI NAJMA B
AMIRA
TABLE OF CONTENT

INTRODUCTION BANK ISLAM AND

MAYBANK THAT PROVIDED HOUSE
FINANCING AND LOAN FINANCING

DIFFERENT BETWEEN 2 BANKS

CONCLUSION
 HOUSE FINANCING
 Payment flexibility supplied by
the seller to customers to buy
things from them, so that the
seller does not have to wait for
the purchaser's loan to be
approved, and the buyer does not
have to pay the entire amount at
once because it can be spread out
over several months.
CONTRACT-WAHDAH
HOME REFINANCING
TAWARRUQ.
Tawarruq consists of
contracts for sale and
purchase.
FIRST AND FOREMOST,
ISLAMIC BANKS COME IN
MANY FORMATS, SUCH
AS MAYBANK ISLAMIC,
ALLIANCE BANK Baiti Home Financing
ISLAMIC, AND AFFIN Wahdah Home
BANK ISLAMIC. BUT, IN Refinancing
THE CASE OF ISLAMIC
BANK, WE PICKED BANK
ISLAM FOR HOUSE
FINANCING.
For starters, it entails a seller
NEXT
selling an asset to a buyer on
a deferred basis.
The buyer from the first
transaction will sell the same
asset to a third party on a cash
and spot basis
 MEANING OF HOUSING
LOAN
A house loan, also known as CONVENTIONAL PACKAGE
a home loan, is a quantity of BANK OFFERED BY
money acquired from a
MAYBANK
financial institution in order  MAYBANK
to purchase a property. The  Maxi Home Loan
interest rate on a home loan
Package
is either adjustable or fixed,
 Flexi Housing Loan
and the payment periods
are flexible. Package

CONTRACT

The contract has no

name because
conventional banks NEXT
charge their own
interest and use riba.
BANK ISLAM-HOUSING FINANCING  Malaysian citizens

STEP B  Aged 18 and up are

eligible to apply.
•Photocopy of identity card
•Sales & Purchase Agreement
 Not a bankrupt or have
For wage earners: any legal action
 Salary slips for the last three months
 Statements from the last three months' salary  A minimum of one year of
on-time payments is

01
crediting accounts

03
 Employer's Confirmation Letter Annual required.
START Income Statement
 Any other income documents that support  Gainfully employed or
your claim Profitable business for at
CONDITION . INTEREST &PROFIT RATE least 3 years

STEP D

STEP A

02 04
The customer is
required to pay the STEP C

STOP
monthly payment until
Wahdah Home
the financing is fully
REQUIREMENTS Refinancing does WHO MAY JOIN
paid off.
not charge interest
If the customer fails to meet
his or her obligations, the They concentrated
bank will begin to send on the profit rate,
notices requesting which is around
immediate payment. 11%.
MAYBANK-MAXI HOME LOAN

CONDITION
The servicing interest option is only up to 5 REQUIREMENTS
years
Prepare identity card, Property
After that,it will start to service this document
monthly installment where the interest Provide income evidences
servicing is the only option subscribed

INTEREST&P.RATE
 The interest rate is currently around
3.25 percent,
 A profit rate of 1.85 percent.
 The rate of interest is unrestricted.
WHO MAY JOIN
 minimum annual income
around RM2,400
 24 years old and not more than
70 years old
 This house loan is open to
people of all nationalities.
 GUARANTOR

BANK ISLAM MAYBANK

 BOTH OF THE PACKAGE CAN HAVE
GUARANTOR

 IT IS DEPENDS ON CASE TO CASE

BASIC DEPENDING ON CREDIT
CONSIDERATION AND PAYMENT
CAPABILITY
 WAHDAH HOME REFINANCING-BANK WILL GRANT
REBATE ON THE DEFERRED PROFITS

MAXI LOAN-WILL NOT ENJOY ANY OF THE REBATE

EVENTHOUGH THEY HAVE COMPLETE THE PAYMENT BEFORE
ITS MATURITY

EFFECT OF PAYMENT BEFORE MATURITY

 WAHDAH HOME REFINANCING-

IF CUSTOMER PASSED AWAY,

THE CUSTOMER HEIR OR SUCCESSOR IN
TITLE MUST CONTINUE TO MAKE THE
MONTHLY PAYMENT ON THE

RISK
OUTSTANDING

MAXI LOAN-
EFFECTIVE RATE WILL CHANGE
ACCORDING TO CHANGES TO
THE REFERENCE RATE.
 CONCLUSION
WE CHOOSE WAHDAH HOME
REFINANCING

REASON
 free of everything that is forbidden in Islam
 offered rebate to the customer that settle their
payment before its maturity.
 Because there are no additional charges, the
monthly price is fixed and will not increase.
THANKYOU