Sharia Home Loans

Exciting time to own a home with our low-rate home loans. To help you achieve this important life ambition, we offer various home loan solutions that enable you buy or build the property of your dreams.

Our home loans can only be used

• When buying a new or pre-owned home from DCANS Properties Ltd, OR doing a construction, remodeling, renovation via DCANS Developments Ltd.

• No riba (interest/usury) on this loan.

• Structured either as ijara or murabaha.

 

Our home loan can be used for:

• Purchase a new or pre-owned home

• Build a new home on your own land

• Complete your already started home

• Refinancing & Equity Releases

 

Features

• Minimum loan : $10,000

• Maximum loan: $5m

• Competitive variable or fixed interest rate in Ghana cedis, US dollars, GB pounds sterling or euro.

 

What you need to apply:

• Work in the public or private sector, including self-employed.

•Earn a minimum net salary of ghs1,000 or $1,500 a month

• Be permanently employed

• Be a high net worth individual considering buy-to-let options

• Be over 21 years and under/at 60 years by the end of the loan term.

• Fill in a Home Loan Application form and attach the following supporting documents:

- Proof of income – past three months’ payslips · Proof of past two years’ employment

- Proof of identity – passport, driver’s licence, Voter’s Identity Card

- Proof of residence

- Offer letter from developer (for Home Purchase, Developer Construction and Employee Mortgage Scheme)

- Bill of quantities, building plan and permit (for home improvement and developer construction)

- Property title documents (To begin title search)

- A Valuation Report from one of our approved valuers will also have to be given to us

- Loan will be approved subject to a positive credit bureau report

 

How to apply

Kindly complete an online application form here to get started.

 


 

Related Products

Hajj Loans (Sharia Compliant)

Sharia Business Loans

Useful info

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart and responsible direct lender for the working class and modern and/or scalable small, medium & large businesses, including startups.

SML is not; a microfinance institution, and neither a savings & loans company or a Specialised Deposit-taking Institution (SDI) of any form, kind or type. SML does not seek and/or accept outside capital.

Rolling out a secured, safer, convenient, revolutionary self-care, ethical, no upfront fee, direct lending platform in phases (three phases remaining, including key synergistic acquisitions and regulation for some aspects of our operations).

We're Social

             

Ghana's 24/7 Direct Financing Hub

Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
 
PLEASE READ TERMS & CONDITIONS, COOKIES POLICY, PRIVACY POLICY, DATA RETENTION POLICY, & MODERN SLAVERY POLICY BEFORE USING THIS WEBSITE OR OUR SERVICE.
 
Applicants must be 18 or over. All loans are subject to affordability, applicant verification, traditional credit checks and TDG Scoring via various national databases in accordance with Sikamaster''s responsible lending policy.
 
Please note that there have been an increasing number of attempts to defraud Sikamaster clients. Please take every necessary measure to ensure that your account information is secure! Learn more.
 
Aside lending, our website offers information about saving, investing, tax and other financial matters, but not personal advice. If you're not sure whether Sikamaster Loans lending is right for you, please seek independent financial advice, and if you decide to borrow from us, please read our How We Operate before you proceed.