Apply for “Tas’heel” Financing Request

Service Overview :
Flexible and diverse financing products that meet the needs of citizens in acquiring the right housing.
-Tas’heel Aqari: Property financing on concessional terms of payment or with government subsidy provided to benefit from one of the financing purposes, according to the standards and requirements of the financing bank, such as purchasing a house, purchasing and building a land plot, or purchasing a building and adding to it, or building a house.
-Tas’heel Al Bait Al Oud: Housing financing on concessional terms in payment to provide a house inside a property owned by a relative of the beneficiary or his wife.
-Tas’heel Ta’awon: Housing financing on concessional terms in payment to purchase or build a property jointly among a group of beneficiaries

Start Service

Transaction Processing Period

5 working days

Fees

There is no service fee

Application Steps

Log-in with the Electronic Key (eKey)
Register in the Government Notification System
Approve the Family Members Declaration
Fill in the application form
Attach the required documents
Approve the Comprehensive Declaration

Terms of Service

To be a Bahraini.
To be the head of the family.
The age of the applicant at the time of submitting the application and disbursement of the financing from the financing bank shall not be less than (21) years and not more than (50) years for the Tas’heel Aqari, Tas’heel Al Bait Al Oud and Tas’heel Ta’awon Financing Programmes, and the applicant must be fully competent.
The applicant’s income at the time of application and until the disbursement of the financing from the financing bank shall not be less than (150) Bahraini Dinars and not more than (1200) Bahraini Dinars.
The applicant or any of their family members must not have previously received any housing service for the purpose of owning a property provided by the government or any other entity.
The applicant’s family must be a permanent resident of the Kingdom of Bahrain.
In the case of “Tas’heel Financing” for the construction of a dwelling, the applicant must prove that they or any member of their family owns a suitable and vacant residential land Plot that is free from any legal dispute.
Without prejudice to paragraph (7) of this Article, the applicant shall not be the owner of a property; they or a member of their family; for a period of (3) years prior to the submission of the application and until allocation.

and shall be considered an owner as per the following:

Anyone who has benefited from a dwelling through one of the forms of Islamic financing or under commercial financing.

Required Documents

For the Second Category – Divorced:

Copy of the Continuity of Child Custody with its date of issuance does not exceed one year.

In case of Working in the Government or Private Sector :

Updated salary statement stamped from the work place and issued within the same month of application.

In case of Self-Employment :

Please, fill in a Bank Accounts Inquiry Authorization Form

In case of Retirement :

An original Retirement Certificate detailed with bonuses, stamped by the competent authority provided its issuance has not exceeded one month

In case of Unemployment/Downtime :

A Statement of Non-Insurance from the Social Insurance Organization (SIO) provided its issuance has not exceeded one month

In case of Working in the Military Sector :

Updated salary statement atamped in the same month of application.
Proof of Military ID.

Apply for “Tas’heel” Financing Request