Personal Finance
Emirates Islamic presents you with the opportunity to enjoy more from life with our personal finance solutions. Personal Finance is based on a Murabaha arrangement through trading of Shari'a compliant instruments like Shares or Wakala Certificates.
- Financing available to salaried and self employed customers
- Very competitive profit rates
- Financing up to 3 million for UAE Nationals and 1 million for Expatriates.
- Approvals in 24 hours
- Preapproved credit card and 100% discount on first year's annual fees
- Nominal processing fees
- Exclusive policy terms on buyout loans/finances
- Certificate of Takaful / Insurance Cover
- Minimum monthly salary of AED 5,000
- Length of service - Minimum one month/first salary credit into Emirates Islamic account
- Minimum age of 21 years
- Maximum age of 65 for UAE Nationals and 60 for Expatriates at the time of maturity
Click here to calculate your eligibility.
- Completed application form
- Copy of valid passport with valid UAE residence visa for expatriates (original required for verification)
- Last three months bank statements
- Salary transfer letter / salary certificate (for salaried customers only)
- Account opening forms for shares trading
- Liability letter (for buyout cases only)
- Trade license (for self employed customers)
* Trading commission as applied by the broker will be charged to the customer. Emirates Islamic Terms and Conditions Apply.