Our Solutions
House Financing
What is House Financing? Housing financing is a financing method based on the use of long-term housing loans against mortgages to be established on houses for those who wish to own a house and that makes it easier for consumers to acquire houses.
Why Should I Use House Financing?
You can become a homeowner with a long-term housing financing and low installment options, just like paying rent.
There are profit share rates suitable for your budget and maturity of up to 96 months.
You can own your dream house with long-term payment options special for you.
You can easily make your payments with flexible payment schedules.
Calculator
- For higher financing requests, please visit our branches.
- The calculations provided are for informational purposes only and do not constitute a binding price. Safe Home reserves the right to modify its financing rates.
Frequently asked questions
Can Safe Home help me buy a house if I don’t have enough funds?
Yes. We will purchase the property on your behalf and sell it to you through monthly installments with a fixed profit, based on Islamic finance principles.
Do I need to have a salary to apply for home financing?
Yes, proof of regular income is required to assess your ability to make the monthly payments.
What types of properties are eligible for financing?
Any legal residential property registered under a housing project or listed under the Tapo (State Land) registry is eligible for financing.
Will the property be registered in my name during the installment period?
If the financed amount is less than $50,000, the property remains under your name. For amounts over $50,000, the title stays under Safe Home until the full repayment is completed.
Are there any hidden fees in the home financing process?
No. The entire process is transparent, and all terms—such as price and profit—are disclosed upfront with no hidden costs.
What documents are required for home financing?
The required documents include: • Valid ID of both the applicant and guarantor • Mukhtar endorsement • Land or property registry documents • Proof of income
How long does the home financing process take?
Once all documents are submitted by both the applicant and guarantor, the process is typically completed within 7–14 business days.
Can I choose any property in Iraq?
Yes, as long as the property is legal, registered, and eligible under local regulations.
Can I repay the financing early?
Yes. Early repayment is allowed, and you may benefit from a discount depending on the remaining balance and payment timing.
Do I need a guarantor?
It depends on your individual case. The need for a guarantor is evaluated based on your income level, credit history, and the total financing amount.
How do I apply for home financing?
You can apply online, visit one of our branches, or contact our customer support team directly.
In which currency can I repay the installments?
You can repay in either US dollars (USD) or Iraqi dinars (IQD), depending on your preference.
Vehicle Financing
What is a Vehicle Financing? Vehicle financing is a type of financing that provides ease of purchasing of new or second hand cars.
Why Should I Use Vehicle Financing?
You can have the car of your dreams with the long-term and low installment options offered by vehicle financing.
It can be used for new and second hand passenger cars.
There are profit share rates suitable for your budget and maturity of up to 48 months.
You can easily make your payments with flexible payment schedules.
Calculator
- For higher financing requests, please visit our branches.
- The calculations provided are for informational purposes only and do not constitute a binding price. Safe Home reserves the right to modify its financing rates.
Frequently asked questions
Can I finance a car with Safe Home?
Yes. Safe Home helps you purchase a car and pay for it through monthly installments in line with Islamic finance principles..
Can I choose any car dealership?
Yes, you may purchase your car from any trusted seller, platform, or dealership of your choice.
Will the car be registered in my name during the installment period?
Yes. The car is registered under your name, while Safe Home takes other forms of collateral as security until the financing is fully repaid.
Is a down payment required?
A down payment is not required for vehicles priced under $10,000. For more expensive vehicles, the deposit amount may vary depending on the car’s value and your repayment plan.
What is the repayment period for car financing?
The repayment term typically ranges from 12 to 48 months, based on your financial situation and the value of the car.
Do I need a guarantor for car financing?
It depends on your individual case. The need for a guarantor is evaluated based on your income level, credit history, and the total financing amount.
What documents are required for car financing?
"You will need to provide:
• Valid ID of the applicant and guarantor
• Mukhtar endorsement for both parties
• Proof of income (if available)
Can I repay in U.S. dollars or Iraqi dinars?
Yes. You can choose to repay your installments in either USD or IQD, based on your preference.
Can I pay off the financing early?
Yes. Early repayment is allowed, and you may benefit from a discount depending on the remaining balance and payment timing.
How do I apply for car financing?
You can apply online, visit any of our branches, or contact our sales team for personalized support.
What happens if I miss a payment?
If you miss a payment, our customer representatives will contact you to discuss suitable solutions. In cases of delays exceeding 90 days, legal procedures may be initiated if necessary.
Personal Financing
What is a Personal Financing? It is a consumer financing product that provides your purchases of durable consumer goods, educational expenses etc.
Why Should I Use Personal Financing?
It allows you not to postpone your individual needs and not to experience cash problems.
You can take advantage of profit share rates suitable for your budget and maturity of up to 36 months.
You can easily make your payments with flexible payment schedules.
Calculator
- For higher financing requests, please visit our branches.
- The calculations provided are for informational purposes only and do not constitute a binding price. Safe Home reserves the right to modify its financing rates.
Frequently asked questions
What is personal finance at Safe Home?
It is an Islamic-compliant financing option that allows individuals to cover personal needs such as education, healthcare, or essential purchases through interest-free monthly installments.
What is the maximum amount I can apply for?
You can apply for up to $10,000 or the equivalent amount in Iraqi dinars (IQD).
What is the maximum repayment period?
The repayment period can be up to 36 months (3 years), depending on your financial capacity.
Is a down payment required?
No, a down payment is not mandatory for personal finance applications.
Do I need to show an invoice for the purpose of financing?
Yes, you must present a valid invoice that explains the use of the funds (e.g., tuition fees, medical bills, or product purchases).
Do I need a guarantor?
Yes, a guarantor is required for all personal finance applications, subject to credit assessment.
What documents are required?
You will need to provide:
• Valid ID of the applicant and guarantor
• Mukhtar endorsement
• Proof of income
• A valid invoice or statement indicating the intended use of fund
Can I repay early?
Yes, early repayment is allowed. In some cases, you may receive a discount for early settlement.
Do you charge any hidden fees?
No. Our financing model is fully transparent and Shariah-compliant, with no hidden costs.
Can I apply in USD or IQD?
Yes, you can choose to apply and repay in either currency
How can I apply?
You can apply through our website, visit our offices, or contact our sales team for support.
How long does the approval process take?
If both the applicant and the guarantor submit all required documents, the approval process is usually completed within 1–2 business days.
Participation Accounts
What is a Participation Account? It is the type of account in which your savings are used in the financing of industry, trade and service sectors within the framework of the sense of interest-free banking, in line with the principles of participation banking, and the income is shared between Safe Home and the account holder within the framework of profit-loss sharing.
Why Should I Use Participation Account?
Let your savings in IQD and USD participation accounts both be secured by Safe Home and benefit from the profits obtained by using interest-free funding methods.
You can open your participation account with a starting limit of at least 10.000 USD and equivalent IQD.
You can open your participation accounts with a term of 1 month, 3 months, 6 months, 1 year or more than 1 year.
You can use your participation account together with your principal and profit share on due date.
Profit and loss participation rates that are valid at the moment the participation account is opened are recorded in the account books. These records remain valid until the date of maturity after the account is opened.
Calculator
These are the annual profit share rates distributed to matured IQD/USD accounts.
Frequently asked questions
What is participation investment (Mudarabah) at Safe Home?
It is a Shariah-compliant profit-sharing model where you provide the capital, and Safe Home manages the investment on your behalf. Profits are shared based on a pre-agreed ratio.
Is this type of investment interest-free?
Yes. Mudarabah is a halal investment method that does not involve any interest (riba). All profits are earned through real economic activity and shared fairly.
What kind of return on investment should I expect?
Returns depend on the performance of the underlying investment and the profit-sharing ratio specified in the agreement.
Will I lose my money if the investment fails?
Your expected profit may be lost in case of poor performance, but your capital is protected through a trust receipt (وصل الأمانة).
Is participation investment risk-free?
No investment is entirely risk-free. However, risks are minimized and fairly shared, in line with Islamic finance principles.
What is the minimum amount required to invest?
The minimum investment amount varies depending on the project type. Please contact our team for updated thresholds.
Can I choose how to receive my profits?
Yes – you may choose to receive your share of profits monthly, quarterly, semi-annually, annually, or at the end of maturity.
Can I invest jointly with others?
Yes. Group investments are allowed through shared capital partnerships, and profits are distributed according to each partner’s contribution.
Do you offer advisory services for investors?
Yes. Our investment consultants are available to guide you through the process and help you choose the most suitable opportunities.
How do I apply for participation investment?
You can apply through our website, visit our offices, or schedule a meeting with one of our investment advisors.