Maybank Singapore Islamic Banking offers financing for Malaysian properties

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http://www.channelnewsasia.com/news/business/maybank-singapore-islamic-banking-offers/627296.html

Maybank Singapore Islamic Banking on Thursday launched two new Shariah-compliant banking products for buyers in Singapore to finance residential as well as commercial and industrial properties in Johor, Melaka, Kuala Lumpur and Penang.

The products, Islamic Home Financing and Islamic Commercial and Industrial Property Financing, are available for owner-occupied or investment properties, and come with a minimum financing of $100,000.

Maybank Singapore is also in discussions with the Central Provident Fund Board (CPF) to allow home buyers to use their CPF savings for Islamic finance home loans.

The two new products bring to 11 the number of Shariah compliant products available to Maybank Singapore customers.