Secure Property Ownership
Comply with Australian & sharia Law
Extra Repayments
Offset & Redraw facility
Online Portal
No waiting period
Equity cash out & Flexible Features
Meezan Islamic Home Finance
You in front of that SOLD sign. It’s one of life’s big moments. To help you get there, we’ve broken down the home buying process into bite-sized steps.
To live in your dream home with complete peace of mind, Meezan property finance is your perfect solution. With us you pay rent, not interest when you purchase or refinance a property while the Home title is in your name.
What can we finance?
Established Home
Construction
Refinance
Home & Land
Top Features of our Product
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Both Variable and Fixed rate available
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Online access to finance account
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Unlimited additional repayments
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Offset account facility
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Online access to Offset Account
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Pay off the loan at any time
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Redraw facility available
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Bpay and Net transfer to external accounts
Additional Features
- Finance rates are competitive to the banks
- LVR-90%
- Online access
- Debt consolidation
- Fixed or Variable rates
- Comply with Sharia law
- Salary Credit account
- Repay weekly, Fortnightly or monthly
- Comply with Australian Law
- NO waiting periods
- Redraw Facility
- Additional repayments*
- Finance up to $2,000,000
- NO ongoing fees
Apply for a Home Finance
Once you’ve found the perfect property or
if you want to refinance.
Why choose
Meezan Finance?
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Tailored Rates
A rental rate tailored for you – giving you the best deal for your situation.
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Special Discounts
Enjoy special discounts on both your home loan and Refinance.
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Top Class Digital Technology
Meezan finance gives you the flexibility to access, track and manage your home loan online.
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Flexible loan features
Tailor your home loan to suit your needs
and be ready for whatever life brings; with features like offset and salary credit accounts, redraw, additional repayments and more.
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Dedicated Home Lending Specialists
Make confident decisions with specialists who partner with you at every step of your home buying journey and for the life of your loan. Book an appointment at a time and place that suits you.
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Complaint Non-bank source of funding
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Sharia complaint Contract based on Ijarah method
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Secure property ownership
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Competitive rental rates
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Local and internationally Sharia certified
PRODUCT DESCRIPTION AND KEY ATTRIBUTES
Product Features |
Prime Sharia Owner Occupied |
Prime Sharia Investment |
Prime Sharia Construction Owner Occupied |
Prime Sharia Construction Investment |
|---|---|---|---|---|
| Rent Type | Variable | Variable | Variable | Variable |
| Payment Options | Principal and Rent or Rent only for an agreed period | Principal and Rent or Rent only for an agreed period | Principal and Rent; or Rent only during construction phase (max 12 months) | Principal and Rent; or Rent only during construction phase (max 12 months) |
| Redraw | Variable | Variable | Variable | Variable |
| Minimum Finance Size | $ 150,000 | $ 150,000 | $ 150,000 | $ 150,000 |
| Maximum Finance Size (subject to LVR and postcode policiy) | $2,500,000 | $2,500,000 | $1,500,000 | $1,500,000 |
| Minimum LVR (subject to postcode eligibility criteria) | 90% | 90% | 90% | 90% |
| Additional payments without penalty | Yes | Yes | Yes | Yes |
| Offset facility | Yes | Yes | Yes | Yes |
| Visa debit card | Yes | Yes | Yes | Yes |
How Does Ijarah Work?
Our Ijarah structure enables us to allow the title to the property to be held in the client’s name. Each repayment comprises two components; a rental charge (Ijarah) for you to live in the house and a principal payment to acquire our share of equity in the property.
As you acquire more equity in the property, the rental component decreases, and the equity component increases until the property is purchased outright or you sell/refinance.
Sharia Certified
Our Sharia Standards Comply
with Global Islamic Standards
Ready to Apply?
Purchasing a home for your family is certainly very exciting and we make the process easier for you. Obtaining Meezan Islamic finance is easier than ever before.
We take the responsibility of the finance process so you can focus on finding your dream home. Our dedicated and experienced finance manager tailors your Islamic home finance and guides you in this journey, provide necessary advice, support, and solutions.
Check your Eligibility
- 20% Equity
- Active Employment
Apply Online
- Book a meeting with us
- Call us on 1300 141 145
- Request a callback
- Email us
