KFH Ijarah Mawsufah Fi Al-Zimmah Asset Acquisition Financing-i

The developer's mortgage - a comprehensive Islamic home loan created especially for people buying properties under construction

    • 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 BorrowEstimated Profit Rate
    RM100000 - 2490004.65% p.a.
    more than RM2500004.45% p.a.

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

Apply online now for KFH Ijarah Mawsufah Fi Al-Zimmah Asset Acquisition Financing-i

RinggitPlus will help you every step of the way.

By typing your contact information, you agree to our terms & conditions. We respect your privacy and are committed to handle your personal information safely and responsibly.

You've almost completed your application for KFH Ijarah Mawsufah Fi Al-Zimmah Asset Acquisition Financing-i

To help you better we need to know a little bit more about your application.
Confirm your application

Oops. We can't seem to get a quote for you for a while there. Please click "Get Quote" again.

Please fill in all fields and enter a valid email

Thank you for applying with RinggitPlus!

We’ve sent you an email to help with your application.

Continue to KFH website

If you have any questions let us know at, we'd love to help!

Follow us to keep in touch and not miss out on offers and promotions.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
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
Minimum age
18 years old
Maximum age
70 years old
Who can Apply
  • Any nationality

Frequently Asked Questions about KFH Ijarah Mawsufah Fi Al-Zimmah Asset Acquisition Financing-i

Things you might want to know

What is KFH Ijarah Mawsufah Fi Al-Zimmah Asset Acquisition Financing-i?

First and foremost, this is an Islamic home loan for properties which are under construction. It's based on the concept of Ijarah Mawsufah Fi Al-Zimmah. What this package does is provide financing by way of predetermined rental as a forward lease.

OK, let's explain that in words everyone can understand rather than words a bank would use: basically it means your monthly mortgage payments are considered as 'rental' on your home until the final payment is made and full ownership passes to you, lease to buy if you will.

Kuwait Finance House offers finance up to 90% of the property value, plus an additional 5% if you include the MRTT. They can also supplement financing with zero moving cost (ZEC) to cover of your entry cost - the usual legal fees and stamp duty.

I'm concerned about my repayments, how are they calculated?

Depending on the interest rate type you choose (which can be fixed, floating, or a combination of both) you'll need to pay a monthly installment that uses the BLR to calculate the bank's profit margin.

What difference does it make if i choose fixed/floating rate?

Nobody can predict the future, there's always uncertainty as to whether the IBR will move up or down, even if it has remained static for the last few years. If you prefer safety and surety and like to know what your monthly mortgage will be, best choose a fixed profit rate. If you'd rather take advantage of today's very reasonable IBR and take a risk on the future, go for a floating rate.

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

Do I need any insurance for the KFH home loan?

House Owner Takaful is an absolute must, MRTT is optional. As a gift for going above and beyond your monthly repayments by including insurance, you will be able to receive a rebate upon early settlement for any remaining Takaful premium interest.

What do I need to apply for this loan?

Applications may be made as an individual, or a joint partnership. You'll need to provide a bunch of documents though..

 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

Read More