Ministry of Housing Programs
Providing government subsidized Housing Financing Solutions.
- Mazaya is the social housing finance scheme between Ministry of Housing and Al baraka Islamic Bank whereby Beneficiaries have the opportunity to own their dream home through a real estate finance facility subsidized by the Government of Bahrain.
Eligibility:
Age: 21 - 35
Monthly Income: 600 - 1,200
TERMS:- The beneficiary installment is 25% of monthly income (based on age)
- The Government subsidy decreases biannually based on the increase in beneficiary’s monthly income
- The government subsidy is the difference between the total monthly installment and the 25% - 30% of the beneficiary’s income (percentage based on age)
- Repayment term up to 30 years
- Joint Financing between Ministry of Housing and Al Baraka Islamic Bank whereby Al Baraka Islamic Bank provides housing finance to buy a land and Eskan bank to finance the construction in favor of the Bahrainies clients.
- Is the housing finance scheme between Ministry of Housing and Al Baraka Islamic Bank whereby Al Baraka Islamic Bank provides housing finance to eligible Bahrainis jointly with Eskan bank to buy a ready villa.
Financing solution tailored for Bahraini citizens, making property acquisition seamless and affordable in partnership with Eskan Bank.
Introducing “Tas’heel Plus” — simple financing solution to help you own your dream home.