Let Your Roots Run Deep
PGCB Home has seamless financing solutions for customers approved by the Government Housing Establishments against ready properties in all 7 Emirates.
Use our Forward Ijarah and our Murabaha (supply & installation) financing structure to build your perfect home in the UAE.
Ijara - A lease contract with a variety of down-payments, tenure and variable rate options, wherein the Bank leases the property in return for a variable rental payment over a specified period, post which and on completion of all payments, the title of the property is transferred to the customer in accordance with the princibles of Sharia.
The Forward Ijara product is to finance under construction, off-plan & near ready properties. The product is a Sharia-compliant product wherein the customer enters into a lease agreement with PGCB for a property to be built and delivered by the customer (under the Purchase Istisna agreement) at an agreed future date to the bank.
Murabaha Supply & Installation Product is to finance under construction properties and Murabaha Buy & Sell Product is to finance ready properties, with a profit rate (fixed over the tenor). Financing tenors up to 15 Years
