Auto Finance

Your dream car will now be yours.


Quick and Simple Auto Finance. Flexible and Hassle-free Repayment.

Buying a car is made simple and hassle-free with Emirates Islamic Auto Finance. The 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 auto finance scheme known as Intaleq is an Islamic car finance service which is Shari’a 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.

Click here to view the Shari’a Fatwa.

Here are some of the top features you can benefit from:

  • Flexible, extended repayment periods of up to 5 years
  • Murabaha structure complying with Shari’a principles
  • Quick and easy approval process
  • Minimal documentation
  • Salary Transfer is not mandatory

Apply for auto finance online.



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 Auto Finance allows you to enjoy a range of benefits and bring home your dream car.

  • New Auto Finance: Profit rates starting from as low as 2.59% flat p.a.for UAE nationals & 2.65% for expatriate.
  • Pre-owned Auto Finance: Profit rates starting from as low as 2.65% flat p.a.
  • Used Auto Finance: Profit rates starting from as low as 3.19% flat p.a.
    Click here to know more.
  • Get Competitive Profit Rates on car finance and pay it back with ease.
  • Our repayment method allows you a Flexible, Extended Repayment Period of up to 5 years. The Emirates Islamic auto finance also offers you up to 60 Days Grace Period to start your 1st Instalment.
  • Even the process of obtaining car finance is made simple and quick for you. You don’t have to go through hordes of documents and wait for ages. Our process involves Minimal Documentation which are simple to fill, and even the Approvals are quick and take around 4 hours.
  • Emirates Islamic auto finance is available for a variety of Vehicle Brands, for New, Certified Pre-owned and used Vehicles.
  • Our auto finance has a fully Shari’a compliant Murabaha Structure.
  • This is a Regular Murabaha product with subvention variant. You can finance Insurance, Accessories and VAT.
  • You also get a free Emirates Islamic Current Account. Salary Transfer is not mandatory.


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  • 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 insurance
  • A quotation or pro-forma invoice from the dealer for new vehicles
  • For used cars you will require:
    • 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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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.


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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.


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You can repay the finance using the following methods:

  • Online banking
  • Mobile banking
  • Phone banking
You can also connect with the Emirates Islamic Bank to discuss other payment methods.

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  • Factors such as credit history, documentation and the ability to repay the finance amount can contribute to an auto finance approval.
  • If the auto finance is in your name, you need to be present at the time of receiving the vehicle.
  • The maximum auto finance amount available is 1.5 M. Terms and Conditions Apply.
  • The profit rate ranges from 2.49% to 4.30% for salaried customers.
  • The processing fees is 1% of the finance amount, with a minimum of 500 AED and a maximum of 2500 AED.
  • Insurance compliance is a condition for financing.
  • The grace period for the 1st instalment is up to 60 days.
  • You cannot reschedule auto finance.
  • You cannot buy-out your auto finance.


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Gauge your monthly repayment amount with our simple and quick auto finance calculator. Simply adjust the amount and period in the car finance calculator below and the amount payable will appear.

Finance Amount
Min AED 1000
Max AED 500000
AED
Tenor (Years)
  • 6
  • 60
Months
Profit Rate (% p.a. flat)

Auto Finance


Monthly Payment (AED)

AED


Q. What is the processing time for the auto finance paperwork?

Q. Is it possible to finance VAT, Accessories and Insurance?

Q. What is the validity of an LPO?

Q. Is there an additional charge for the graced period?

Q. Can the car be registered in the name of a spouse?

Q. Can the car finance instalment be deferred?

Q. Can the EMI date be changed?

Q. What is the maximum repayment tenor?

Q. What is the minimum repayment tenor?

Q. Will my chances of getting a finance get affected by bad credit score?

Q. Will applying for a car finance affect my credit score?

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