Bank Assafa: Mourabaha financing, monthly payment and cost
Updated on 9 September 2026
Bank Assafa finances property via Mourabaha. Principle, how the monthly payment and total cost are calculated, and what to check before committing.
The essentials in questions
What is Bank Assafa?
Bank Assafa is a Moroccan participative bank, a subsidiary of the Attijariwafa Bank group. It offers financing compliant with participative finance, including property financing through Mourabaha.
How is a Mourabaha monthly payment calculated?
The bank buys the property then resells it to you at the acquisition cost plus an agreed markup. The total is split into fixed installments over the chosen term; the payment depends on price, down payment, markup and term.
What to check before signing a Mourabaha contract?
The total cost (not just the monthly payment), the markup applied, the schedule, additional fees, insurance, and the conditions for early repayment. Ask for a written breakdown and compare with other participative banks.
Bank Assafa in brief
Bank Assafa is one of the participative banks in the Moroccan market, backed by a large banking group. It finances residential property via Mourabaha, an interest-free alternative to a conventional loan, supervised by Bank Al-Maghrib.
How Mourabaha financing works
The principle: the bank acquires the property you chose, then resells it to you at a price known in advance — purchase cost plus a markup — repayable in fixed installments. From signing, you know the total amount payable, with no later variation tied to a rate.
Estimate your payment and cost
The monthly payment depends on the property price, your down payment, the markup and the term. For a first order of magnitude before contacting the bank, use our Mourabaha financing simulator: it estimates the payment and total cost, to confirm afterwards with the bank’s official offer.
Sources & updates
Informational content for guidance only; it does not replace an official offer. Markups, fees and terms are set by the bank and change — always check the current offer with Bank Assafa. Participative finance in Morocco is supervised by Bank Al-Maghrib. Content verified September 2026.