Diminishing Musharaka Simulator

This tool simulates a diminishing Musharaka (Musharaka Mutanaqisa) financing to buy a home: the bank co-owns the property with you, you gradually buy out its share in instalments, and you pay rent on the share it still owns. As you buy out the bank's share, its share – and therefore the rent – declines, so the monthly payment falls over time. Interest-free (no riba): the rent is for using a share the bank genuinely owns.

Enter the property price, your share (down payment), the term and the rent rate on the bank's share (set by the bank). The result is indicative – a simulation, not an offer.