Apply for BML Islamic Home Improvement Financing and complete your dream home!

Bank of Maldives Islamic now offers Shari’ah compliant financing up to MVR 150,000 for furnishing and finishing your dream home in improved home improvement financing program.   
  
To Include Financing available starting from MVR 25,000 up to MVR 150,000 to recipients of social housing with a financing Profit rate of 12% p.a. The financing period is up to 5 years and no further guarantee or security is required. 
  
  
  The financing program is open to Applications from Maldivians aged between 18 and 60 years, all applicants must own a flat, apartment, or raw house through a social housing project with the obvious requirement of personal net monthly income from all sources being sufficient to cover the repayment amount. Income earned must be routed via any bank account for past 12 months and minimum 1 month salary must be deposited to your BML account, Income from all sources such as salary, business income, rental income will be considered and last but not least; Repayments of other credit facilities should be satisfactory for the past 12 months. 
  
  
To apply, one must submit BML Islamic Home Improvement Financing Application form via registered email to bmlislamicsupport@bml.com.mv or Internet Banking. When applying online, please ensure documents are color copies of the original in PDF format. Customers can also submit BML Islamic Home Improvement Financing form by visiting BML Islamic Male’ branch or any other Branch located outside of Male’.