Planning to invest in a home that’s not yet complete? Sharjah Islamic Bank’s Under-Construction Property Finance is designed for that very purpose of providing a smart, Shariah-compliant way to secure your dream property before it’s even ready.

Unlock Your Future Home Early

Whether you’re eyeing an off-plan development or a nearly finished home, Sharjah Islamic offers financing of up to AED 50 million, covering up to 50% of the property’s value. The facility includes a repayment tenure that spans up to 25 years, plus the construction period—perfectly tailored to align with your financial planning.

Financing Made Simple and Accessible

This product caters to both salaried and self-employed customers—without imposing a salary transfer requirement. Sharjah Islamic also uses a pre-approval concept, enabling you to receive conditional approval with minimal documentation. This helps you better strategize your investment and move swiftly when you find the right property.

Why It Appeals to Smart Buyers

• Strategic Investment: Securing finance for off-plan properties lets you benefit from lower prices early and track rising values before completion.
• Financial Ease: With long repayment periods and a financing cap of up to 50%, this product eases your cash-flow management throughout construction and beyond.
• Ethical and Inclusive: By not requiring salary transfer and welcoming self-employed individuals, the plan is both ethical and widely accessible.

Ethics Aligned with Growth

Sharjah Islamic aligns this finance solution with Islamic principles—supporting homeownership while honoring ethical finance standards. The structure typically follows an Ijarah-based model, where the bank purchases and leases the property to you during construction, with ownership transferring to you upon completion