Calculate Your Shariah-Compliant Home Financing
Discover how affordable your dream home can be with Meraj Islamic Finance
Ethical Home Financing Made Simple
Use our Islamic finance calculator to estimate your home financing costs without the burden of interest. Our Shariah-compliant solutions ensure you build equity from day one, aligning with your values and financial goals.
How it works
How to Use the Islamic Finance Rent & Own Calculator?
Step-1
Enter Home Price
Input the total price of the home you wish to purchase.
Step-2
Enter Down Payment
Specify the amount you can pay upfront.
Step-3
Enter Monthly Rental Rate
Provide the expected monthly rental rate percentage.
Step-4
Enter Financing Term
Indicate the term of your financing in years.
Step-5
Calculate
Click the button to see your estimated monthly payment and total cost.
Benefits
Why Choose Meraj Islamic Finance?
Shariah-Compliant
100% interest-free financing.
Transparent Process
No hidden fees, clear and straightforward terms.
Immediate Equity Building
Start building equity from day one.
Credit-Friendly Policies
Suitable for various financial backgrounds.
Got Questions About Financing Calculator?
What is Shariah-compliant financing?
Financing that adheres to Islamic principles, prohibiting interest and ensuring ethical transactions.
How does the Meraj Islamic Finance calculator work?
It estimates your monthly payment and total cost based on the home price, down payment, rental rate, and financing term.
Can I use the calculator if I have non-traditional income?
Yes, our financing solutions accommodate various financial backgrounds, including cash income and self-employment.
Is the calculation provided by the tool accurate?
- The calculator provides estimates. For precise details, consult with our financial advisors.
How do I get started with Meraj Islamic Finance?
Contact us through our website or call our customer support team for an initial consultation.
What happens if I face financial difficulties?
Contact us immediately to discuss payment options or restructuring your financing plan.
What documents are required for applying?**
You will need proof of identity, proof of income, and additional documentation based on your financial situation.
What are the benefits of Shariah-compliant financing?
Interest-free payments, ethical transactions, immediate equity building, and support for diverse financial backgrounds.