Emirates Islamic
Personal Finance

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)

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

• 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.