Tamweel Launches Buy-To-Let Scheme

UAE-based real estate finance provider Tamweel has launched a buy-to-let scheme for people investing in commercial and residential developments to earn long term rental returns. The Shariah-compliant 'Irad' initiative allows investors access to up to 75% of the property's value. Repayment tenure is over 10 years for commercial property and 25 years for residential developments.