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Estimate your monthly Islamic home payment with confidence.

A simple, trustworthy calculator for Diminishing Musharaka home financing in Pakistan. Enter your property price and get a clear monthly estimate without hidden interest.

Estimate my payment

How it works

Diminishing Musharaka, in plain words

No interest changes hands. You and the bank co-own the house, and your share increases with every payment until the home is fully yours.

  1. 01

    You bring the down payment

    You pay a share of the home's price upfront — commonly 10–25%. This is your starting ownership share in the property.

  2. 02

    The bank owns the rest

    The bank pays the remaining share and co-owns the house with you. Instead of charging interest, they charge rent on their portion — this is Ijara.

  3. 03

    You buy the bank out, gradually

    Every month, part of your payment buys back a small slice of the bank’s ownership, and part is rent on what’s left. Over time, your share grows until you own 100%.

A modern Pakistani home's front entrance, representing halal home ownership

Calculator

Estimate your monthly payment

Enter your numbers below. Everything updates instantly — nothing is sent anywhere.

1.00 Crore

20% · 20.00 Lakh
20 years
10%

Profit rate varies by bank and changes over time — check your bank's current rate before deciding.

Estimated monthly payment

Rs 77,202

Bank-financed amountRs 8,000,000
Total paid over termRs 18,528,416
Total rent/profit paidRs 10,528,416

This is an estimate for planning purposes only, based on a standard reducing-balance structure. Confirm exact figures with your bank before making a decision.

For families

A warm home plan designed for families, not just numbers

Halal home financing should feel secure and simple for a family taking its first step together. This section shows the promise of shared ownership, steady payments, and a home that belongs to you over time.

  • Payments that gradually increase your ownership share while the bank's share decreases.
  • A gentle, family-first structure built around stability and trust.
  • Simple guidance for couples and parents planning a comfortable future.
Family illustration representing trust and home ownership

FAQ

Common questions

Is Diminishing Musharaka actually different from a normal loan?

Structurally, yes. Instead of borrowing money and paying interest on it, you and the bank jointly own the property, and you pay rent only on the bank’s remaining share while gradually buying it out. Most Islamic scholars in Pakistan recognise this structure as Shariah-compliant, unlike conventional interest-based loans.

Why does the monthly payment look similar to a conventional mortgage?

The final number can look close because both structures spread a fixed cost over time. What differs is the underlying contract: ownership and rent versus a debt with interest. The two are not treated the same under Islamic finance rulings even when the arithmetic is similar.

Which banks in Pakistan offer this?

Several Islamic banks and Islamic windows of conventional banks offer home financing on a Diminishing Musharaka or Ijara basis, including Meezan Bank, Dubai Islamic Bank Pakistan, Al Baraka, and Bank Islami. Terms and profit rates differ, so it’s worth comparing more than one.

Does this calculator send my information anywhere?

No. Every calculation happens in your browser. Nothing you type is stored or transmitted.