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BML Islamic

Affordable Housing Finance

Based on the concept of Diminishing Musharakah, you can now purchase a property below MVR 2.2 million at an affordable rate with our Affordable Housing finance scheme,

This facility is specifically designed for those who are looking to purchase non-luxury flats and those who are not eligible for a financing facility on commercial terms.

Key features

Once you submit an application, we will begin its assessment and contact you on what the next steps are. We will aim to complete this process as soon as possible but processing time will vary between individual applications.

How do I apply?

If you're ready to apply, call our Contact Center at 3330200 and arrange for a convenient time to visit BML Islamic Male’ Branch if you are in Male'. You can also visit any of our branches outside Male’ where our team will be happy to help you with your financing application.  

Useful downloads

BML Islamic Home Purchase Financing - Application Form Dhivehi
General T&C for BML Islamic Financing Facilities Dhivehi / English
Schedule of Charges - BML Islamic English