Jazeera Refinancing

Islamic Refinance is a financial solution that adheres to the principles of Islamic law

What is Islamic Refinance?

Islamic Refinance is a financial solution that adheres to the principles of Islamic law (Shariah), which prohibits interest (riba), advoidance of uncertainty (gharar), and promotes risk-sharing (mudarabah), fairness, and ethical investing.

At Jazeera, we work with lenders that offer refinance options and are structured using Shariah-compliant contracts such as Murabaha, Ijara, and Musharaka, ensuring that your financial dealings remain Halal and ethical.

Why Choose to Refinance with Jazeera Home Finance?

  • Shariah Compliance: We work with lenders who offer refinance products that are compliant with Islamic law.
  • Ethical Financing: We prioritise ethical practices and transparency in all our financial dealings, providing you with a clear and fair refinancing process.
  • Competitive Rates: We work with four Islamic lenders ensuring that you benefit from competitive rates and flexible terms designed to meet your financial needs without compromising your values.
  • Expert Guidance: Our team of experienced finance brokers are here to guide you through the process and help you choose the best refinance option for your situation.
  • Financial Peace of Mind: Refinance with confidence, knowing that your financial decisions align with your religious beliefs and ethical values.

How Refinancing works

Choose a Product

We will help you select the refinance product that best suits your needs and complies with shariah principles.

Approval and Agreement

Upon approval, we will provide you with a detailed agreement outlining the terms and conditions.

Initial Consultation

Book an appointment with team to discuss
your current financial situation and goals.

Application Process

We will do the work for you and submit your application and required documentation for review with the lender.

Refinance Completion

Finalise the refinance process and enjoy the benefits of Shariah-compliant financing.

Initial Consultation

Book an appointment with team to discuss your current financial situation and goals.

Choose a Product

We will help you select the refinance product that best suits your needs and complies with shariah principles.

Application Process

We will do the work for you and submit your application and required documentation for review with the lender.

Approval and Agreement

Upon approval, we will provide you with a detailed agreement outlining the terms and conditions.

Refinance Completion

Finalise the refinance process and enjoy the benefits of Shariah-compliant financing.

Get Started today!

Jazeera Home Finance

Begin your journey toward ethical and Shariah-compliant refinancing.

Contact us today to book an appointment with one of our Islamic finance specialists.

Jazeera corporate address

Level 1, 22 Brookhollow Avenue, Norwest NSW 2153.

Office Hours

Mon - Fri: 9.00am to 5.00pm. Saturday by Appointment only.

Frequently Asked Questions

Common questions about Islamic home finance
Want to know more? Contact us today for your free consultation.
What is the difference between a conventional home loan and an Islamic home finance?
A conventional home loan charges interest, whereas a Islamic home finance is structured based on the principles of Islamic finance, which prohibits interest. Instead, the financier and borrower share the risk and reward of the financing.
How long does the home finance application process typically take?
The time it takes to process a home loan application can vary depending on a variety of factors, such as the application’s complexity and the borrower’s responsiveness. However, the process can take several weeks to a few months.
What is the minimum down payment required for a Islamic home finance?
The minimum down payment required for a home loan can vary depending on the financier and the type of finance. The minimum down payment is typically 10% of the property’s purchase price, however standard down payment without mortgage insurance is 20%.
What is pre-approval, and why is it important?
A pre-approval is a conditional commitment from a financier to provide financing up to a certain amount. It’s important because it can help you determine your budget when shopping for a home and gives you an advantage when making an offer.
What are the fees associated with obtaining a home finance?
Fees associated with obtaining a home finance can vary depending on the financer and the type of finance. Standard fees include application fees, valuation fees, and legal fees. Reviewing the fee schedule with your financier before applying for a home finance is important.