Karachi, Pakistan, April, 2025. In an effort to make homeownership more accessible to Pakistanis,
BankIslami is offering a lowest financing solution at 1-Year KIBOR + 1%. This offer provides customers
with an affordable and transparent path to homeownership, delivering a market-competitive solution
that aligns with the principles of Islamic banking.
Under this initiative, BankIslami’s home financing solution features Special Profit Pricing, allowing
customers to avail home financing at an exclusive rate of 1-Year KIBOR + 1%. It also includes a spread
fixed for 3 years, ensuring stability and predictability for its customers. After the first three years,
standard pricing will be applied: KIBOR + 2% for salaried individuals and KIBOR + 3% for self-employed
professionals.
Rizwan Ata, President & CEO of BankIslami, commented at the launch: “At BankIslami, we are
dedicated to Saving Humanity from Riba and advancing Islamic banking practices that empower our
customers. Our home financing solution is designed to offer accessible and ethical financial services,
making homeownership a reality for more Pakistanis while aligning with their values."
BankIslami’s home financing solution is designed to cater to a broad range of customers, making it
easier for Pakistanis to own their homes while adhering to the principles of Islamic banking. The Bank's
expertise in Shariah-compliant financing, coupled with this competitive offer, ensures that more
individuals can access affordable financial services that align with their values.
ADVERTISEMENT
