It's a finance product provided from Bidaya, which enables the customer to own the property ( the house) by agreement and contract between the client and the financing party, where financier buys the property and owns it and then rents to the client for a specific period of time against monthly installments. With a promise to transfer ownership of the property or home to the customer after payment of the last installment.
One of the new financial solutions from Bidaya, this product enables customers to purchase a residential unit under construction from one of the developers approved at Bidaya. The product was reviewed and approved by the Shari'a Board at Bidaya.
For Real-Estate Developers
Fast & Easy program is a feature of current Bidaya Products. In which, three parties are involved: Bidaya, Real Estate Developer, and Real Estate Valuation Company. Bidaya, as a lender, will provide program management and coordination, in addition to finance services to customers who will purchase properties from involved developers. View Details