1. Two mechanisms with different purposes
The difference is not one of degree but of nature. One settles part of the price; the other removes an obstacle to obtaining the loan.
Daam Sakane pays a grant
It is State budget aid, created by article 8 of finance law no. 50-22 for 2023 and organised by decree no. 2-23-350. It is paid to the buyer: 100,000 MAD if the sale price is 300,000 MAD including tax or less, 70,000 MAD between 300,000 and 700,000 MAD including tax. In return, the home must remain the main residence for five years and the State takes a first- or second-rank mortgage.
FOGARIM guarantees a loan
FOGARIM is a public guarantee fund managed by Tamwilcom. It pays nothing to the borrower: it covers part of the bank's risk, allowing households with modest or irregular income, often without a payslip, to obtain a housing loan a bank would otherwise refuse. The loan remains repayable in full by the borrower.
The practical consequence
The two schemes cannot be compared by amount. Daam Sakane reduces the price to be financed. FOGARIM reduces nothing: it makes financing possible. A household that obtains credit easily has no need of FOGARIM; a household without regular income cannot do without it.
2. Who Daam Sakane is for
The conditions published by the ministry concern the buyer, the property and the occupancy undertaking. They do not concern income.
The conditions
Moroccan nationality, no residential property owned at the date of acquisition, no previous State housing benefit, a home on first sale with an occupancy permit issued on or after 1 January 2023 and at least two rooms, a sale agreement executed before a notary, use as main residence for five years, and a first- or second-rank mortgage in favour of the State.
The point often misread
There is no income ceiling in the published conditions, and the amount depends only on the tax-inclusive sale price. The condition on the property, however, is strict: a new home on first sale with a recent occupancy permit. An older property is outside the scheme, whatever the buyer's profile.
Mortgage: do not overlook borrower insurance
For a 1 MAD-million mortgage, insurance delegation can save up to MAD 30,000 over the full term.
3. Who FOGARIM is for
FOGARIM targets households that cannot produce the income evidence a bank expects: self-employment, seasonal activity, irregular earnings.
The principle
The guarantee applies to a loan granted by a banking institution to buy a home, or to buy land and build on it. It is obtained through the bank, not directly by the applicant: it is the bank that approaches Tamwilcom.
Where to check the parameters
Eligibility conditions, the guaranteed share and the applicable ceilings are set by Tamwilcom and revised over time. They should be checked on tamwilcom.ma and with the bank at the time of application: that is the only up-to-date information that counts, and we do not reproduce here figures we cannot confirm on the official page.
4. Can you have both?
The question comes up constantly, and it deserves a careful answer rather than a table.
What the non-combination condition says
Among the Daam Sakane conditions is having received no benefit granted by the State in housing matters. The wording is broad, and it is assessed by the administration when the file is examined, on the basis of information held by the relevant administrations.
How to settle it for your case
The place to check is neither a press article nor a page like this one: it is the daamsakane.ma platform, which queries the administrations directly, and the notary handling the file. The question arises before the sale agreement is signed, not after.
5. How to choose in practice
Work through it in order: the property first, the financing second.
Start with the property
If the property is a new home on first sale, with an occupancy permit issued on or after 1 January 2023, at least two rooms, and a sale price of 700,000 MAD including tax or less, Daam Sakane is open. If the property is an older one, it is not, and the question no longer arises.
Then look at your ability to borrow
If you obtain credit without difficulty, the public guarantee adds nothing. If your income is real but hard to evidence, that is precisely the case FOGARIM addresses, and the bank is the one to ask.
The rate benchmark
No Moroccan institution publishes a grid. Bank Al-Maghrib's quarterly survey shows an average of 5.06% for housing loans in the second quarter of 2026, and the maximum conventional interest rate is set at 13.21% from 1 April 2026 to 31 March 2027. Those are the only two public benchmarks.
6. FAQ
Q.What is the main difference between Daam Sakane and FOGARIM?
Q.Is FOGARIM financial aid?
Q.Can Daam Sakane and FOGARIM be combined?
Q.Does Daam Sakane cover the purchase of an older home?
Q.Which scheme is worth more?
Q.Where is each application filed?
Estimating the loan left to finance
Once the aid is deducted from the price, simulate the monthly payment on the balance and compare terms.
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