UAE 
Limited time offer
For UAE Nationals
- Competitive profit rates as low as 2.49% (equivalent to a reducing rate of 4.72%) per year
- Finance of up to AED 1.5 million or 80% of the car’s value
- Finance available for new and used vehicles
- Up to 120 days grace period before the first instalment
- Offer valid for salaried individuals
For Expats
- Competitive profit rates as low as 2.49% (equivalent to a reducing rate of 4.72%) per year
- Finance of up to AED 1.5 million or 80% of the car’s value
- Finance available for new and used vehicles
- Up to 120 days grace period before the first instalment
- Offer valid for salaried individuals
Eligibility
- A minimum salary of AED 7,000
Required documents
- Vehicle quotation
- UAE driving licence
- Bank statements (where applicable)
- Salary certificate addressed to FAB Islamic (where applicable)
- Murabaha request form completed and signed by the customer
- Copy of a valid passport/residence visa/Emirates ID (originals must also be presented)
Note: Additional documents may be required on a case-by-case basis
Terms and conditions apply.
Please refer to sample profit rate calculation below:
| Particulars | For UAE Nationals | For Expats |
|---|---|---|
| Finance Amount (AED) | 100,000 | 100,000 |
| Finance Period (months) | 48 | 48 |
| Profit Rate (Flat Rate) | 2.49% | 2.49% |
| Equivalent Reducing Rate | 4.72% | 4.72% |
| Number of days before first payment | 60 | 60 |
| Profit Amount (AED) | 8,287 | 8,953 |
| Total Amount Payable (AED) | 108,287 | 108,953 |
| Monthly Instalment (AED) | 2,255.98 | 2,269.86 |
One-time upfront processing fee of 1.05% will apply on the finance amount (minimum AED 525 and maximum AED 2,625). For further information on fees and charges, please refer to the service and price guide.
Features are subject to alteration/cancellation
All finances are subject to income and eligibility criteria
Eligibility criteria are subject to change from time-to-time
