Emirates Islamic Personal Finance

Emirates Islamic
Personal Finance

Salary Transfer Required?
Minimum Monthly Salary
AED 10000
Fixed Rate
Reducing Rate
Salary Transfer Required? yes
Minimum Monthly Salary AED 10000
Fixed Rate 2.59%
Reducing Rate 4.74%
Max Loan Amount AED 4000000

Top Reasons To Choose

  • Competitive profit rates
  • Finance up to AED 4 million
  • First installment payment within 120 days
  • Free takaful coverage
  • iPhone 15 Pro offer

Sette all your obligations the easy way with Emirates Islamic 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.

Documents Required

In order to apply for Emirates Islamic Bank's personal finance solution, you will need the following documents:

  • 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)

Joining Offers

On the occasion of Emirates Islamic’s 20th year anniversary, we are giving away a guaranteed iPhone 15 Pro to customers who avail a Personal Finance with a minimum finance amount of AED 1,000,000 for a limited period of time.


  • Minimum monthly salary of AED 10,000 for UAE Nationals and for Expatriates
  • Length of service
    • UAEN: Minimum one month/first salary credit into Emirates Islamic account
    • Expats: Minimum 6 months
  • Minimum age of 21 years
  • Maximum age of 65 for UAE Nationals and 60 for Expatriates at the time of maturity
  • Tenure - 48 months



Detailed Features

  • UAE Nationals starting profit rate of 2.59% flat p.a approximately equivalent to 4.74% reducing p.a
  • Expat starting profit rate of 2.85% flat p.a  approximately equivalent to 5.22% reducing p.a 
  • High finance amount of up to 4 million for UAE Nationals and 2 million for Expats
  • Free takaful coverage
  • Holiday period for UAE Nationals up to 120 days
  • Profit rates vary depending on salary
  • Flexible, extended payment periods of up to 4 years with low profit rates
  • Can be used to consolidate all debts into an easy payment plan involving the same instalment every month
  • External credit cards can be paid off for a lower monthly payment
  • No over limit fees or additional charges with a lower profit rate
  • Nominal processing fees
  • Murabaha structure followed
  • Shari'a based product
  • Exclusive policy terms on buyout finances

Terms & Conditions

  • Above rates are applicable for AED 75k+ salary for fresh finance, attractive rates are available for other salary slabs/finances.
  • Applications are subject to bank’s required criteria, assessment, and approval.
  • The above rates are not applicable with any other offers.
  • This is a limited period campaign offer.
  • Emirates Islamic reserves its right to amend and/or change these terms and condition at any time.
  • Refer to Key Facts Statement regarding the Personal Finance at Emirates Islamic website.

Apply Now

Please fill in the details to receive a call back with more details about this product