Features & Benefits

  • Secure attractive financing rates based on how much you can afford in repayments
  • Enjoy a flexible repayment period of up to 25 years
  • Get a higher financing entitlement of property value
  • Based on shared ownership principle based on the Musyarakah Mutanaqisah concept
  • Use our home financing scheme for a wide range of purposes:
    • Home Purchase
    • Home Construction
    • Land purchase
    • Home refinancing
    • Rescheduling from other Banks / Government loan
    • Shophouse financing

Shariah Concept

This product is created using two Shariah concepts.

  • Musharakah Mutanaqisah

    The Bank and the Customer agree to jointly purchase and co-own a property, which is called a Musharakah agreement. Both Customer and the Bank will contribute to the Musharakah by contributing Musharakah Shares (the Customer will contribute by paying the deposit, while the Bank will contribute the remaining finance amount). The Customer undertakes to buy the shares owned by the Bank gradually until all of the Bank’s shares are purchased by the Customer over the period of finance. Learn more >>

  • Ijarah

    The Bank will lease its shares of the property to the Customer under the Shariah principle of Ijarah. In other words, the Customer will pay Ijarah rentals to the Bank over the period of finance. Learn more >>


  • Brunei Citizens and Permanent Residents
  • Individuals between the age of 18 and 65 years
  • Currently in the employment of the Brunei government, semi-government sectors or private sectors recognised by BIBD

Required Documents

  • Original copy of identity card or passport
  • Copy of latest salary slip
  • Confirmation of salary / service contract / rental / pension (where applicable)
  • Statement of savings with other financial institution (where applicable)
Property Documents
  • Land title deed
  • House plan
  • Sales and purchase agreement

Fees and Requirements

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.

* Terms and Conditions apply.

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