تمويل عقاري (tamweel aqari) Calculator Bahrain

Market overview

Bahrain's mortgage market is served by BBK (Bank of Bahrain and Kuwait), National Bank of Bahrain (NBB), Ahli United Bank (now merged with Kuwait Finance House group), Bahrain Islamic Bank (BisB), Al Salam Bank, Khaleeji Commercial Bank, and Eskan Bank (the state housing bank). The Central Bank of Bahrain (CBB) pegs the BHD to the US dollar at BHD 0.376 = USD 1, so CBB policy rates track the US Fed almost mechanically; after Fed cuts through 2024-2025, the CBB Key Policy Rate sits near 4.25-4.5% by early 2026, down from the 6% peak. Tamkeen and Eskan Bank operate the main subsidised "Mazaya" and social-housing programmes, while a substantial share of mortgages are Sharia-compliant Murabaha or Ijara structures.

Why 5.75% is the typical rate

5.75% reflects a 25-year conventional (or equivalent Murabaha profit-rate) mortgage from BBK or NBB to a salaried Bahraini or GCC borrower at 80% LTV in early 2026, pricing roughly 125 bps above the CBB Key Policy Rate.

Tax & regulatory notes

Bahrain charges a 2% property registration fee at the Survey and Land Registration Bureau (reduced to 1.7% if paid within 60 days of contract). There is no annual property tax, no capital gains tax, and no personal income tax. The Mazaya social-housing finance programme — administered by Eskan Bank in partnership with commercial banks — subsidises up to 50% of monthly instalments for income-qualifying Bahraini citizens, while Tamkeen co-finances housing loans for self-employed Bahrainis. Foreigners may own freehold property only in designated areas (Amwaj Islands, Bahrain Bay, Reef Island, Durrat Al Bahrain, Riffa Views, etc.) under Law No. 2 of 2001 and subsequent amendments.