OCBC Al-Amin Manarat Home-i

An Islamic home leasing ending with ownership for any homebuyers with a multitude of interests. Choose from 3 tailor-made plans: Idaman-i, Impian-i or Warisan-i.

OCBC Al-Amin Manarat Home-i
Up to 35 years
Profit Rate
from 4.45% p.a.
Financing type
Semi-Flexi islamic financing
Profit Type
Floating profit rate
Margin of finance
up to 90%

Profit Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Profit Rate
more than RM100,0004.45% p.a.
*Effective profit rate will be determined by OCBC upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 70 years old
Who can apply
  • Any nationality
  • Salaried employee
  • Self-employed

Fees & Charges

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
Processing Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request
Insurance Types
  • MRTT

More Information

What is OCBC Al-Amin Manarat Home-i about?

Manarat Home-i operates under the concept of Ijarah Muntahiah bi Al-Tamlik, i.e. lease ending with an ownership contract. 

In layman's terms, it is a financing method whereby the Islamic bank bought the property of your choice, and then grants you the rights to live in it, in exchange for a rental payment (monthly instalment).

At the end of the leasing period (tenure, if you will), OCBC Al-Amin will sell the property to you via a separate transaction. Meaning, you gain ownership of the house following the full settlement of your mortgage. 

There are three packages to choose from:


  • A variable rate Islamic mortgage plan tailored to first-time home buyers.


  • A semi-flexi Islamic home loan package suitable for folks looking at refinancing their property for improvement or reinvestment.


  • An Islamic housing finance package for those who are well-established on the property ladder.

An interesting feature of Manarat-i mortgages is the option to make payments against the principal loan amount whenever you have the cash to spare. This last feature is very useful as reducing your mortgage principal means you will pay less interest in the long term. 

Of course, because life likes to throw little surprises at us every now and then, you can withdraw any extra you paid onto the principal whenever you like.

Where can I perform monthly instalment payments?

For monthly loan payments and advance payments, OCBC Al-Amin accepts your money from all payment channels, whether ATMs, Online Banking, Mobile Apps, IBG or OTC. 

And to make capital repayment or settlement, you need to walk in at any OCBC branch to do so.

What Takaful plans come with this Islamic home loan?

A compulsory Fire Takaful is required to protect your house and family from a nasty inferno. 

As for the mortgage, you have the option to take up MRTT to help pay off the remainder of your housing loan if the unexpected happens to you, so your family members won't have to bear the repayment liability.

What documents does OCBC Al-Amin require for this home loan application?

Salaried employee:

  • Copy of IC (front and back) or the latest valid passport and Visa / Work Permit / Employment letter
  • Latest 3-months salary slips
  • Latest EA From with tax payment receipt / e-BE Form acknowledged by LHDN
  • Latest 6-months Bank Statement


  • Copy of IC (front and back) or the latest valid passport and Visa / Work Permit / Employment letter
  • Business Registration Certificate – Form 24 and Form 49
  • Latest 6-months bank statements
  • Latest 2-year BE form with tax payment receipt
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