Financing Types

Buy a Home: Purchase a constructed property through this facility.

Buy and Build a Home: Avail this facility if you want to buy a piece of land and subsequently construct a house.

Financing will be available for expansion/extension of existing housing unit provided the housing unit after expansion/extension falls with in the criteria specified under the facility. Financing for renovation of existing housing unit will not be allowed under the facility

Key Features

Financing under Tier 1 is available through banks for financing under NAPHDA projects

Financing under Tier 2 and Tier 3 is available through banks for financing of housing units under non-NAPHDA projects

Note: Financed housing unit will be mortgaged in favor of HBL Islamic Banking as per the applicable policy and SBP prudential regulations.

Eligibility Criteria

• All men and women holding a valid CNIC
• Applicants should not be owning a house
• An individual can avail this Profit Subsidy Scheme only once

Tenor and Rates

Financing tenure from 5 years to 20 years

How to apply

Please visit your nearest HBL Islamic branch to apply.​

Guiding Principle

Under this arrangement, bank and customer become joint owners in a property. Bank’s ownership share is divided into units which customer purchases periodically to ultimately become complete owner of the property. Till the complete ownership, customer pays agreed rentals for using bank’s share in the property.

Terms and conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC).