FAQs for Personal Refinance


Does Personal Re-finance close my existing Finance and do I get a new one with different terms?
Personal Re-finance is an additional finance to what you already have with us. It does not close your existing Finance and you pay your Re-finance in parallel to your existing installments.
How can I be eligible to apply for Refinance?
You must have at least one existing Personal Finance to be eligible for Re-finance.
If I already have an existing Personal Finance, when can I apply for a Refinance?
There is no condition on the minimum number of installments you have settled before applying for Re-finance. Even, if your Personal Finance is fresh, you can get Re-finance.
If I am currently repaying more than one Finance, can I get the Refinance?
Yes, you can get Re-finance even if you have more than one existing finance, but one of them must be a Personal Finance. However, you can get confirmation by calling us at 800 124 1222.
How much can I borrow with Refinance?
You can easily find out with our instant online calculator. Click here to get started.
Can I choose the period of Finance?
Yes, you can choose the period that suits you, from 6 months to five-years. You can easily find out with our instant online calculator. Click here to get started.
How is the Re-finance Program Shariah compliant?
Personal Re-finance is based on the concept of buying Shariah complaint local shares and selling them to you at a profit. Immediately afterwards, you can decide to sell the shares and collect the cash in your account. This method is completely Shariah complaint.

Did You Know? We now offer a full set of Takaful protection products.