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Housing

Construction Finance with Boubyan Bank

Boubyan Bank Shari’a compliant construction finance is a seamless and convenient financing process that gets you closer to realizing your projects.

Fund your home or property renovation or construction easily with Boubyan Bank’s Shari’a compliant construction finance.

Benefits

  • Free liability insurance
  • No salary transfer required
  • Grace period of up to 3 months
  • Financing ranging from a minimum KWD 1,000 and a maximum KWD 70,000
  • Tenure ranging from a minimum of 12 months and a maximum of 180 months

Eligibility

  • Individuals aged 18 years and above
  • Legal guardian signature is required for customers below the age of 21 
  • Minimum net income of KWD 500

Documents Required to Apply

  • Civil ID
  • Military ID for military staff
  • Salary certificate for public and private sector
  • Salary certificate from Manpower and Government Restructuring Program (MGRP) for private sector employees
  • Supplier quotation
  • Account statement of the last 3 months for non-Boubyan customers

Murabaha financing calculator

What kind of murabaha do you need?
Do you have a salary account with us?
Boubyan current account holders get better rates.
Do you have a salary account with us?
Boubyan current account holders get better rates.
Total finance amount (kwd) Down payment amount (kwd) Select monthly tenure Total finance amount (kwd) Down payment amount (kwd) Select monthly tenure Net profit for Boubyan Monthly installment amount Total amount due 0 KD 0 KD 0 KD Net profit for Boubyan 0 KD Monthly installment amount 0 KD Total amount due 0 KD
Note: This is a rough calculation and does not obligate Boubyan Bank to provide the exact financing.

 

 

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