Own Your Dream Car

Experience seamless, Shariah-compliant Vehicle Finance with Emirates Islamic Intaleq, designed to help you own your dream car easily and drive home with confidence.

Key Benefits

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Competitive Profit Rates

Enjoy profit rates starting from 2.49% (equivalent to 4.72% reducing p.a.) for UAE Nationals and 2.65% (equivalent to 5.01% reducing p.a.) for expatriates.

Flexible Payment Periods

Enjoy extended and flexible payment periods of up to 5 years.

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High Finance Amounts

Auto Finance amount available upto  1.5 M. Terms and Conditions Apply.

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Terms and conditions apply.
Profit rates may vary and are subject to bank policy.

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Auto Finance Features

Emirates Islamic Auto Finance offers Shariah-compliant solutions for every car and budget.

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New Auto Finance

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Certified Pre-Owned Auto Finance

Profit rates starting from as low as 3.19%** flat p.a. (equivalent to 5.98% reducing p.a.).

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Used Auto Finance

Profit rates starting from as low as 3.19%** flat p.a. (equivalent to 5.98% reducing p.a.).

*New Car Starting rates are available for salary transfer customers with monthly salary of AED 50,000.

**Used Car Starting rates are available for customers with monthly salary of AED 10,000.

Why Choose Emirates Islamic Auto Finance

Competitive Profit Rates

Attractive vehicle finance options

Flexible Payment Period

Plans that adapt to your needs

Simple and Fast Process

Quick approvals with minimal steps

Wide Range of Vehicle Options

Finance new, certified pre-owned, or used

Shariah-Compliant Structure

Ethical and transparent Murabaha

Subvention Variant

Support for additional costs

No Salary Transfer Required

Apply without salary transfer

Murabaha structure

Ethical, Transparent & Shariah-Compliant

Documentation Required

To ensure a smooth and efficient application process, please prepare the required documents.

  • Salary certificate or documented evidence of income
  • 3 months bank statements for your salary account (not required if your salary is already being transferred to Emirates Islamic)
  • Copy of valid passport with valid UAE Residence Visa, the latter is applicable for expatriates only (Originals required for verification)
  • Post-dated cheques (if applicable)
  • Security Cheque
  • Comprehensive Islamic vehicle takaful
  • A quotation or pro-forma invoice from the dealer for new vehicles

  • Salary certificate or documented evidence of income
  • 3 months bank statements for your salary account (not required if your salary is already being transferred to Emirates Islamic)
  • Copy of valid passport with valid UAE Residence Visa, the latter is applicable for expatriates only (Originals required for verification)
  • Post-dated cheques (if applicable)
  • Security Cheque
  • Comprehensive Islamic vehicle takaful
  • A quotation or pro-forma invoice from the dealer for new vehicles
  • A valuation certificate issued by an Emirates Islamic approved dealer
  • An ownership title
  • A quotation or offer to sell to the bank from the current vehicle owner
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Things to Remember

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Factors such as credit history, documentation, and the ability to pay the finance amount can contribute to vehicle finance approval.

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If the Auto Finance is in your name, you need to be present at the time of receiving the vehicle.

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The maximum Auto Finance amount available is AED 1.5 M. Terms and Conditions Apply.

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The processing fees is 1.05% of the finance amount, with a minimum of AED 525 and a maximum of AED 2,625.

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takaful compliance is a condition for financing.

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The grace period for the 1st instalment is up to 60 days.

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You cannot reschedule Auto Finance.

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You cannot buy-out your vehicle finance.

Apply for Emirates Islamic Auto Finance

Find out if you’re eligible and choose the most convenient way to apply, online or at your nearest Emirates Islamic branch.

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Eligibility

  • If you are a UAE national or a resident of the UAE who fulfils the necessary requirements, you are eligible for the Emirates Islamic Auto Finance.
  • Click here to find out if you pre-qualify for an Emirates Islamic Auto Finance.
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How to Apply

There are two ways you can apply for Auto Finance:


  1. Apply for Auto Finance online by clicking here, providing all the required details and submitting them.
  2. Visit your nearest Emirates Islamic Bank.

Frequently Asked Questions

The processing takes around 4 hours. Terms and Conditions Apply.

Yes, takaful, Accessories and VAT financing is available.

The validity of the LPO is 45 days from the date of issue. Terms and Conditions Apply.

Yes, however, certain Terms and Conditions apply.

Yes, it can be deferred, however, certain Terms and Conditions apply.

Yes. Terms and Conditions apply.

Our flexible payment tenor extends to a maximum of 60 months.

The minimum payment tenor is 12 months.

Yes, your chances of getting auto finance are reduced drastically if you have a history of bad payment. However, if your credit score has been increasing recently your chances may increase as well.

Every time you apply for a finance the bank will check your credit report. The more times your credit report is pulled out, the worse it is for your credit score.

Yes. Terms and Conditions Apply.

  • An Auto Loan is money you borrow and repay over time with interest.
  • Auto Finance, however, is a Shariah-compliant, contract-based product, where the bank sells the asset at an agreed profit. The profit is determined in accordance with a Shariah-compliant financing structure, without charging interest.

  1. An Islamic Bank offers liquidity - in a Shariah compliant way - to the customer, which can help him settle his outstanding liability with another bank.
  2. However Conventional Banks buyout the loan without any Shariah arrangement.

As per Shariah, it is impermissible to buy a loan at discount or at premium.

  • Conventional Bank is a financial body which receives money from the depositors against fixed rate of interest and it offers liquidity to borrowers against interest. And it is governed by conventional banking laws.
  • Islamic Bank is a financial body which executes commercial contracts likes sale, leasing, construction and are governed by Islamic Banking laws which allow for financial bodies to carry on commercial activities for profitable purposes.

  • As per Loan arrangement, the borrower needs to return to the lender exactly from whom they borrowed.
  • However Financing is a commercial contract based on sale, leasing or construction.
  • All banking products offered by Islamic banks are based on financing.

  • Interest is any increment earned over and above the payment of loan amount which is not permissible as per Shariah.
  • Profit is any additional revenue generated through various trade activities. Earning profit is permissible as per Shariah.
An Islamic Bank does not earn any interest on its financings, rather it generates profits through entering into various commercial activities like sale & purchase, leasing, construction, etc.

No, Emirates Islamic does not charge any additional profit on accrued profit on any credit product granted to customers.
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Apply for an Emirates Islamic finance and be part of the most innovative bank in the region

What our customers are saying

"The finance approval time was very good. They have approved the finance within 2 or 3 days."
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Ways to Bank

Stay connected with Emirates Islamic through the EI + Mobile Banking App and EI + Online Banking — simple, secure, and Shariah-compliant.

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Finance Support

Get the support you need for managing your existing or new finance accounts with ease.

All the support you need for your accounts

Key Product Information

Important information for products and services.

Update your Information

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Important Information

Important Information regarding your Home Finance.

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