Maybank Islamic launches rent-to-own housing scheme

Key to home ownership: (from left) Maybank Islamic CEO Datuk Mohamed Rafique Merican, Maybank group president & CEO Datuk Farid Alias, Second Finance Minister Datuk Seri Johari Abdul Ghani, Maybank Islamic chairman Zainal Abidin Jamal and Maybank Group head of global banking Datuk Muzaffar Hisham at the launch of Maybank Islamic

PETALING JAYA: Maybank Islamic Bhd has launched a rent-to-own (RTO) scheme, the first bank to do so in Malaysia.

HouzKEY – its RTO product – is targeted at first-time house buyers and those who want to upgrade their homes.