Public Bank ABBA Financing-i Home Loan

A variable rate Islamic home loan with option of redraw facility so that you can choose the best way to manage your money and mortgage

Public Bank ABBA Financing-i Home Loan
Up to 40 years
Profit Rate
from 4.42% p.a.
Loan type
Term islamic financing
Interest Type
Floating profit rate
Margin of finance
up to 90%
Approval in
30 days

Profit Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Profit Rate
RM10,000 - RM49,0004.92% p.a.
RM50,000 - RM99,0004.62% p.a.
more than RM100,0004.42% p.a.
*Effective profit rate will be determined by Public Bank 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. p.a. of the outstanding amount
Processing Fee
RM50 to RM200, depending on the financing amount
Early Settlement Fee
No Fee
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request
Cancellation Fee
RM2000 for cancellation before financing disbursement
Insurance Types
  • MRTT
  • Fire Takaful
  • House Owner Takaful

More Information

How does the ABBA Financing-i Home Loan work?

ABBA Financing-i is a Shariah compliant home loan based on the Islamic principle of Bai Bithaman Ajil (BBA), a deferred payment sale, or buy-and-sell concept. This Islamic home loan offers variable profit rate fixed to the IBR and is suitable for purchasing of new property and refinancing the existing one. 

Your Islamic home loan account can be combined with an overdraft facility, Cash Line Facility-i, where you borrow up to an agreed limit to use for personal investment or emergency. You also need to maintain your overdraft facility as a fee of RM10 will be charged if the amount fall below RM1,000.

This semi flexi ABBA Islamic home loan option offers the same linkage to current account-i but the withdrawal process for taking out excess cash is different. 

Money can only be withdrawn over the counter at Public Islamic Bank. You are restricted to one debit per month, which is chargeable at a fee of RM50 per withdrawal.

Do I need to take up Takaful with this home loan?

Fire Insurance is compulsory and the premium is charged annually. MRTT is optional but strongly recommended.

What kind of documents do I need to apply for this home loan?

  • Completed Application form
  • Copy of SPA / Booking Receipts / Letter or Offer from Developer

Salaried Employee:

  • Copy of MyKad (front and back)
  • Latest 3 to 6 consecutive months salary slips or vouchers or
  • Latest EA From

And one of the following:

  • EPF Statement ( latest not more than 1 year) or
  • Latest Tax Returns and Tax Receipts or
  • Employment Letter or
  • Latest 3 months Bank Statement or Saving Passbook


  • Copy of MyKad (front and back)
  • Latest 6 months bank statements or
  • Latest 1 year Tax Returns and Tax Receipts
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