Issuance of Redemption Statement and Release of Original Title of Immovable Property

This policy document sets out the requirements for financial service providers (FSPs) to expedite the issuance of the redemption statement for housing loan/home financing and the release of the original title of immovable property via work process improvement.

The aim of this policy document is to promote efficacy of doing business and to improve the delivery of services in the financial services sector.

This document belongs to Bank Negara Malaysia (BNM). Full access to the original source is available here: https://www.bnm.gov.my/banking-islamic-banking