Buying a car is made simple and hassle-free with Emirates Islamic Vehicle Finance. The Islamic car finance we offer, gives you the opportunity to bring home the car you wanted with the least possible trouble with paperwork and payments.
Our Vehicle finance scheme known as Intaleq is an Islamic vehicle finance service which is Shariah compliant, offering one of the best finance solutions and personalized service. Flexible payment plans, competitive rates and a host of other benefits will have you ready to own your dream car today.
Here are some of the top features you can benefit from:
Click Here to view the Key Facts Statement, Schedule of Charges and other important information for this product.
Be it a brand-new sports car or an SUV, no matter what your dream car is, we’ve got all the solutions to meet your needs and budget. The Emirates Islamic Car Finance allows you to enjoy a range of benefits and bring home your dream car.
*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.
If you are a UAE national or a resident of the UAE and if you fulfil the necessary requirements, you are eligible for Emirates Islamic Auto Finance. Terms and Conditions Apply.Click here
There are two ways you can apply for auto finance:
1. Apply for auto finance online by clicking click here, providing all the required details and submitting them.
2. Visit your nearest Emirates Islamic Bank.
* Terms and conditions apply
Profit rates vary by Tenure & subject to bank policy
Yes, Insurance/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 replayment tenor extends to a maximum of 60 months.
The minimum repayment tenor is 12 months.
Yes, your chances of getting auto finance are reduced drastically if you have a history of bad repayments. 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, it will have an impact on your credit score.
Yes. Terms and Conditions Apply.
Auto Finance is a Shariah Compliant contract based product, where the bank sells an asset at a profit, as Islamic Banks are prohibited from charging interest.
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.
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