RHB Equity Home Financing-i

Applicable for new purchases and refinancing, part-finance your dream house with RHB Islamic via a Shariah-compliant lease-to-own concept.

RHB Equity Home Financing-i
Up to 35 years
Profit Rate
from 4.65% p.a.
Financing type
Full-Flexi islamic financing
Profit Type
Floating profit rate
Lock In Period
3 years
Margin of finance
up to 92%
Approval in
30 days

Profit Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Profit Rate
more than RM100,0004.65% p.a.
*Effective profit rate will be determined by RHB upon approval.


Minimum Annual Income
Minimum Age
  • 18 to 60 years old
Who can apply
  • Any nationality
  • Salaried employee
  • Self-employed

Fees & Charges

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
No Fee
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request
Insurance Types
  • House Owner Takaful
  • MRTT

More Information

If standard lending practices have got you queasy over the interest charges, ever looked into the possibility of owning a house through a joint venture or partnership? RHB Islamic has a solution that might meet your particular financing need via Equity Home Financing-i.

How RHB Equity Home Financing-i works?

In straightforward language, Equity Home Financing-i by RHB Islamic is an Islamic version of lease-to-own home financing means based on the Shariah concept of Diminishing Partnership and Leasing contracts.

Essentially, you are partnering with RHB Islamic for the purchase of your house. RHB Islamic can finance up to 92% of the property value, with a profit rate offered on a variable rate basis pegged to Islamic Base Rate. You only provide 10% to cover the remaining portion of the property price.

Based on the 90:10 ratio, the Islamic bank has the majority shares of the property. As you pay your monthly rent, you are gradually purchasing RHB Islamic's share of the property until the end of your tenure, when you’ll own 100% ownership of your home.

Can I make additional payments to shorten my home loan tenure?

As this a full flexi Islamic home loan, you can make excess payments on top of your regular monthly instalments to reduce your profit charges and principal outstanding. 

Doing so will help reduce the remaining balance of your home loan quickly as the profit is calculated on daily rest.

Can I redraw the excess cash that I’ve paid to the principal?

Yes, you can. Before that, you will need to open an Islamic Current Account to enjoy this feature. 

The best thing about this cash withdrawal facility is that you can access extra money deposited by way of additional payment as well as partial prepayment, subject to the amount in the redraw bucket.

Do I need Takaful coverage for this Islamic home loan?

House Owner Takaful is compulsory. 

It is highly advisable for you to take up Mortgage Term Reducing Takaful (MRTT) to cover for the burden of settling the outstanding balance in the event of death or total permanent disability.

Am I eligible to apply?

If you are 18 years old and above and hold an NRIC, then you are eligible. 

For foreigners or expatriates, you may be required to be under the MM2H programme as you need to apply for an MM2H visa if you are married to a Malaysian.

What do I need to prepare for this Islamic home loan application?

Property documents:

Copy of Sale and Purchase Agreement or Booking Receipts

Salaried employee:

  • Copy of your NRIC or passport
  • Latest 3 months' salary slip
  • Latest 3 months' salary crediting statement
  • Latest EPF statement
  • Latest BE Form + Tax payment receipt


  • Sole Proprietor & Partnership – Form A & D
  • Private Limited – Form 24 & 49
  • Latest Form B + Tax payment receipt
  • Latest 6 months' current account statement
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