No. To be eligible to apply for a loan, the applicant must be an existing Hejaz client. This can be done by joining our Islamic Superannuation services.

With Hejaz, you can sell the property when you wish. Your only obligation will be to pay us whatever is left owing at that date. We do not take a share of any profits that are gained on the property sale.

If you are an existing Hejaz customer, applying for a loan is easy. You simply complete an application form, provide supporting documents, and submit this to us. We will then conduct a serviceability test to determine whether you can borrow the amount that you have applied for. Thereafter, you will be provided a conditional pre-approval.

Our finance product has been established in collaboration with local, International Sharia Boards and Advisers. We adopt the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Sharia standards. We are endorsed by an International Sharia board (Global Islamic Financial Services firm – GIFS headed by Mufti Ismail Ebrahim Desai) out of South Africa. GIFS continually audit us to ensure that the highest levels of Sharia compliance are being applied.

Our deposit requirements start from 10%.