Musharaka is our flexible diminishing partnership model. It is not a loan; rather, you and Manzil enter into a legal partnership to co-own a property.
- Forming the Partnership: At closing, both you and Manzil contribute equity and our initial ownership stakes are set .
- Gradual Ownership: You make regular monthly payments to gradually purchase Manzil's share .
- Property Title: The title is held by you on behalf of the partnership through a nominee agreement.