KUALA LUMPUR, Aug 8 (Bernama) — Bank Muamalat Malaysia Berhad (Bank Muamalat) is offering financing up to RM400,000 through its SMART Mortgage SJKP scheme to help self-employed and non-fixed income earners, including gig economy workers, business owners and small traders or entrepreneurs to own their first homes. The scheme is guaranteed by Syarikat Jaminan Kredit Perumahan Berhad (SJKP) to help those without monthly income statement to own a house.
For those who are eligible, the amount of financing provided through this scheme includes related expenses such as Mortgage Reducing Term Takaful (MRTT), Long Term House Owner Takaful (LTHT), legal and valuation fees.