FBL seeks to support disadvantaged communities by providing Shariah-compliant housing finance alternatives that are available, clear, and tailored for those buying a home for the first time.

The program targets individuals and families often overlooked by traditional mortgage options, helping them achieve home ownership and move towards economic and social advancement.

The program offers lower profit rates and simplified eligibility criteria, improving access to home financing for families with low to moderate incomes.

Funding is offered for buying completed properties, obtaining land for construction, or building houses on owned land, utilising the Diminishing Musharakah approach.

Commenting on the launch, Mr Yousaf Hussain, President & CEO of Faysal Bank, said:

“We are honoured to support SBP’s national initiative by providing Shariah-compliant solutions that help low-income families achieve home ownership. This reflects our commitment to financial inclusion and long-term economic and social progress.”

Available across Faysal Bank’s nationwide branch network, the initiative also contributes to broader economic activity in the construction and allied sectors.

FBL’s initiatives underscore the joint contribution of banks and SBP in enhancing housing availability and national progress, while catering to the changing financial requirements of countless Pakistanis