IBBL Housing Investment Program (HIP)

The scheme page does not print a date. Islami Bank Declared Investment Profit Rate by Economic Sector is effective from 9 March 2026. The page covers construction or purchase of a residential or commercial building, and extension or renovation, under hire purchase. It prints a maximum of 15 years, and a maximum of 10 years for a commercial building. A residential building is a maximum of Tk. 20.00 million. A commercial building is any amount not exceeding 10% of the bank's equity. Security is a registered mortgage. The page prints a rate of return of 9.00%, or the rate to be determined by the bank from time to time. The sheet prints commercial housing for a developer at a declared 14.00%, a lowest 13.00%, and a highest 15.00%, and residential housing for an individual, urban and rural, at a declared 13.50%, with lowest and highest marked N/A. Sheet: https://www.islamibankbd.com/public/assets/Share-Profit-CurrencyRate/Rate-Return-Investment/1773288006_DeclaredInvestmentProfitRate090326.pdf Confirm the current rate with the institution before comparing.