FAQ’s – Alfalah Home MusharakahFAQ’s – Alfalah Home Musharakah

FAQ’s – Alfalah Home Musharakah

Alfalah Musharakah Home Finance facility is offered minimum for 3 years and maximum for 25 years. However, in case of Green financing (Solar Solutions) tenure is restricted to 10 years.

Yes, Musharakah Home Finance facility is also offered to non-residents as well subject to terms and conditions.

Bank Alfalah Islamic Banking’s appointed valuation agencies will evaluate the property to determine the market value.

Bank Alfalah Islamic Banking will obtain a legal opinion on the property documents provided by applicant.

Bank Alfalah Islamic Banking will keep all the original documents relating to mortgaged property till the tenure of financing.

Yes the spouse’s income can also be combined with applicant’s incomes.