KFH Ijarah Muntahiah Bi Al-Tamlik Asset Acquisition Financing-i

Up to 35 years

Term Islamic financing

Floating Profit Rate

5 years lock in period

Up to 90% margin

30 days approval

Borrowing RM Monthly Repayment

Profit Rate

How Long Year
max 35 Year
Flexi/Term Lock in Period Islamic or Conventional
All Flexi Term All Yes No All Islamic Conventional

KFH IjarahMuntahiah Bi Al-Tamlik Asset Acquisition Financing-i

Islamic home loan offering margin of finance up to 95% of your property's value - And if you settle early there's a great rebate on your interest too

    • Up to 35 years
    • Term Islamic financing
    • Floating Profit Rate
    • 5 years lock in period
    • Up to 90% margin of finance
    • 30 days approval

You Borrow

Estimated Profit Rate

RM100000 - 249000

4.65% p.a.

more than RM250000

4.45% p.a.

  • *Effective profit rate will be determined by KFH upon approval.


Fees & Charges

There are always fees but how much are they?

Late Penalty Fee - 1% p.a. of the outstanding amount

Processing Fee - RM212.00

Early Settlement Fee - Subject to terms of agreement with bank

Redemption Letter Fee - RM53.00 per request

Letter for EPF Withdrawal Fee - RM21.20 per request

Insurance Types - MRTT

  • House Owner Takaful

*inclusive of 6% GST



Are you eligible for this KFH home financing?

Minimum annual income - RM36000

Minimum age - 18 years old

Maximum age - 70 years old

Who can Apply - Any nationality


Frequently Asked Questions about KFH IjarahMuntahiah Bi Al-Tamlik Asset Acquisition Financing-i

Things you might want to know


What is KFH IjarahMuntahiah Bi Tamlik Asset Acquisition Financing-i?

Okay, it should be clear from the name that this is an Islamic home loan, tailor-made for completed properties and based on the Syariah concept of IjarahMuntahiah Bi Tamlik. In layman's terms that's a contract between you and the bank giving you the right to use the property in exchange for "rental" payment. A separate transaction at the end of the leasing period will purchase the property from the bank.

Kuwait Financing House will be able to finance up to 90% of the property's value, plus an additional 5% if you include the MRTT and a package offers zero moving cost (ZEC) to cover your entry cost , which consists of legal fees and stamp duty.


So, these rental payments, how are they calculated?

Like any Islamic home loan, you are required to pay a monthly lease amount calculated on either a fixed or floating rate, based on what is agreed between you and the bank. Note that choosing a floating rate means payments may vary due as the IBR changes and your interest rate updates.

It's useful to know that the bank profit rates will be higher if you decide to take on the MRTT insurance and if you opt for the bank to absorb your entry fees.


Do I need any insurance for the KFH home loan?

That's a definite yes. You have to take up the House Owner Takaful. You'll be recommended MRTT too, and that's not a bad idea as you'll have your home payments covered in the event of any unfortunate circumstances. Here's the good bit: If you settle your loan early, you'll be eligible for a rebate on your insurance premium.


What do I need to apply for this loan?

You are allowed to apply individually or as a joint partnership.

Salaried applicant:

Identity Card
Latest payslip
Personal Bank Statement
EPF statement
EA form


Self-employed applicant:

Certificate of business registration
B/BE form
Personal bank statement
Business bank statement


Variable income applicant:

Commission payment/statement
Annual commission payment
Personal bank statement
BE form