AYA Financial

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Home Financing Program

Finance Your Home the Halal Way

Declining Balance Home Financing — Musharakah Mutanaqisah

You and AYA Financial buy the property together. Every month you pay a user fee for living in the home, plus an amount that buys back a piece of our share. Your ownership grows, ours declines, and at the end the home is entirely yours — with no interest at any point.

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  • 0% Interest
  • 20% Down Payment
  • No Financing Limit
  • Purchase & Refinance
  • Flexible Payment Plans

How it works

Four Steps to Full Ownership

01

Sign the agreement

You and AYA Financial sign the agreement, which sets out what share each side owns.

02

Buy the home together

You buy the home together. Each side owns a share matching what they put in — yours starts at 20% or more.

03

Pay monthly

Each payment has two parts: a user fee for living in the home, and an amount that buys back a piece of our share.

04

Own it outright

Once you’ve bought back the last of our share, the home is yours alone.

The mechanic

Where Your Monthly Payment Goes

No interest is charged at any point. Every payment you make does two things at once.

You contribute

20% or more

Your down payment

+

AYA contributes

the balance

The financier’s share

One jointly owned property

You and AYA own the home together, in proportion to what each side put in.

You live in it from day one.

Every payment does two things

Part of it is your user fee — what you pay to live in the home. The rest buys back a piece of AYA’s share. As your share grows, the fee gets smaller and more of your payment goes to you.

First year
User fee — 71% Equity — 29%
Year 20
22% Equity — 78%

Ownership over the term

Your share AYA’s share
Start
20%80%
Year 5
29%71%
Year 10
41%59%
Year 15
56%44%
Year 20
75%25%
Year 25
100% — the home is yours

An example only, based on a 25‑year payment schedule with 20% down. Your own numbers depend on the price, what you put down and the agreed profit rate.

See It With Your Own Numbers

Change the price, the down payment and the term, and watch your share of the home grow month by month.

Open the Calculator
Your shareYear 12
Payment splitUser fee / equity
Interactive — 3D model included

20%

Minimum down payment or equity contribution

5 years

Contract term, renewed at the end

0%

Interest — none is charged at any stage

No cap

No financing limit, for purchase or refinance

Still have questions? Read the FAQs

Own Your Home, Interest-Free

Shariah-compliant homeownership with flexible monthly contributions. Build equity from the first payment.

Apply for Home Financing

For illustration only. Figures shown are examples and do not constitute an offer, an approval, or financial advice. Actual terms depend on AYA Financial’s assessment of your application. AYA Financial Inc. — FSRA Brokerage Licence #11730.

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