Akoya Properties has entered into a strategic partnership with NIB International Bank through its NIB Halal banking service, creating a new opportunity for customers to purchase Akoya residential and commercial properties through flexible, interest-free financing solutions. The partnership isdesigned to make property ownership more accessible by reducing the upfront financial burden and providing customers with extended payment options.
Key Benefits for Customers
50% Financing Option
Eligible customers can access financing of up to 50% of the property value, while paying the remaining 50% as an advance, subject to the applicable financing terms.
Interest-Free Financing
Through NIB Halal, customers can access an interest-free financing option, providing an alternative pathway toward property ownership.
Up to 8 Years to Repay
Customers can benefit from an extended repayment period of up to 8 years, making payments more manageable over time.
No Additional Collateral Required
The property itself serves as collateral, subject to the bank’s applicable requirements, eliminating the need for customers to provide another property as collateral.
A Dedicated Opportunity for the Ethiopian Diaspora
The partnership also provides an attractive financing pathway for eligible Ethiopian diaspora customers. Qualified diaspora buyers can purchase selected Akoya properties with only 15% paid upfront, while the remaining 85% can be arranged through NIB loan financing.
This provides Ethiopians living abroad with a more accessible way to invest in Ethiopia, whether their goal is to own a home, establish a commercial space, or build a long-term property investment.
Building Opportunities. Creating Futures.
With a 14-year history in business and five years of dedicated experience in real estate, Akoya Properties has established itself as a growing real estate developer focused on creating quality residential and commercial developments in strategic locations.
Akoya’s commitment extends beyond developing properties. Our company strives to provide customers with quality, value, and practical solutions that support long-term ownership and investment.
The partnership with NIB Halal represents another step in this commitment bringing together Akoya’s real estate expertise and NIB Halal’s financing solutions to create greater access to property ownership.
If you are purchasing your first home, expanding your business, or investing from abroad, the Akoya Properties and NIB Halal partnership offers a new way to make property ownership more achievable.
Your property. Your investment. Your future with a more flexible path to ownership.
Financing is subject to NIB International Bank’s eligibility criteria, assessment, approval, documentation, and applicable terms and conditions.
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