Property Finance

Mazaya

Mazaya is a social housing finance scheme from the Ministry of Housing and Al Salam Bank is a leading participating Bank in the scheme. All Mazaya beneficiaries can start owning their dream home through a subsidized property facility by the Government of Bahrain.


Mazaya Features:


Eligibility​​​Salaried individuals employed in an approved employer within the bank and with valid Mazaya eligibility letter
Financing tenureUp to 25 years
Maximum property value​​BD 120,000
​Maximum Mazaya financeBD 81,000
Maximum Mazaya installment25% of gross salary
Maximum top-up financeBD 39,000
​Down paymentZero down payment

Documents required:

  • Two valid IDs.
  • Salary Certificate.
  • Latest Pay Slip.
  • Latest 3 months Bank Statement.
  • Eligibility Certificate Provided from the Ministry of Housing.
  • Unit Approval Certificate provided from the Ministry of Housing.
  • A copy of the Subject Property Title Deed or Sale and Purchase Agreement.​

For further information, please contact our client care center on 17005500.

You will find Al Salam branches and ATMs across Bahrain

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