Our Home Purchase financing is the Shariah compliant alternative to purchase apartments, flats or row houses anywhere in Maldives.
Our Home Purchase Financing can also be used by existing home owners to buy another property.
To apply for this facility, you should:
If you are purchasing an apartment, row house from a project that is under development / construction, project must be an approved project by the Bank. Projects currently approved are:
|Developer Name||Project Name|
|Apollo Holdings Private Limited||Centreal-Homes by Apollo|
|Renaatus Projects Private Limited||STO Social Housing Project|
|SAS e-Glut Join Venture Private Limited||The Creek View|
|Sandal Mauritius Private Limited||Solitaire|
|Apex Reality Pvt Ltd||Luxaone – Odeon|
|Rainbow Mega Developers||Rain Coral|
|Housing Development Corporation Limited||Vinares|
|Rasheed Carpentry & Construction Private Limited||Blue Haven Mixed Residential|
|Sandal Mauritius Private Limited||One Central Park|
|Housing Development Corporation Limited||Reethigas Residence|
|NPH Development Private Limited||Aqua Vita|
|Keystone International Private Limited||N-156f Pure Residential Apartment|
If you are in Male', you can make an appointment through our Booking Portal and arrange a time to visit our BML Islamic Male Branch located in Male.
Once an appointment is successfully made, you will receive an SMS with your appointment time to visit our BML Islamic Male Branch located in Male. If the appointment slots for the day are full, please try again for the next working day.
Appointments can be made from 8am on the day before each working day.
If you are in the below listed area, take a token through QueueBee to visit the relevant branch to submit BML Islamic Home Purchase Financing application form along with the required documents.
If you are residing in any other island, visit the nearest branch and submit BML Islamic Home Purchase Financing Application Form along with required documents.
Our BML Islamic Male’ Branch and Branches outside Male’ are open from 8:30am to 2:00pm, Sundays to Thursdays (except public holidays).
Once we receive your application, we will then assess your request and will be in contact with you for the next steps.
Processing time for BML Islamic Home Purchase Financing varies based on individual applications and we will keep you updated throughout the process.