Emirates Islamic personal finance has low profit rates, flexible repayments, and a simple and quick approval process.
Apply Now »High personal finance amount of up to 2 million for Expats and up to 4 million for UAE Nationals.
Flexible, extended repayment periods of up to 4 years with low profit rate.
Emirates Islamic personal finance can be used for debt consolidation, with an easy monthly payment instalment plan and low rate.
No over limit fees or additional charges with a lower profit rate and high finance amount.
Click Here to view the Key Facts Statement, Schedule of Charges and other important information for this product.
Whether you are looking for personal finance to rent a house, consolidate debt, find funds for a vacation, home renovation or make a personal purchase. Emirates Islamic Bank personal finance will help you fulfill your personal finance needs at a low profit rate. Avail our personal finance in Dubai, Abu Dhabi or wherever you are based in the UAE.
Terms and conditions apply and are subject to change solely at the Bank's discretion. Trading commission as applied by the broker will be levied to the Customer.
Click here to calculate your eligibility.
In order to apply for Emirates Islamic Bank's personal finance solution, you will need the following documents:
Here's a quick and easy way to calculate your monthly repayment amount. Simply adjust the criteria in our personal finance calculator and you can see the amount that you would have to pay.
* Terms and conditions apply
Profit rates vary by Tenure & subject to bank policy
The Certificates are Shari'a compliant Certificates deposited in Nasdaq Dubai. The value of each certificate is USD 10.00-. The Certificates represent a common share in Shari'a compliant assets such as e.g. Sukuks, equity, real-estate assets etc.
Murabaha is a form of Shari'a compliant sale contract whereby Emirates Islamic (as a seller) sells the Certificates to the customer for a price equal to the Certificate Cost (the finance amount) plus the Murabaha Profit.
The Murabaha offer for Personal Finance is valid for three (3) hours from the time you receive the email.
On expiry of the cut-off time, if we do not receive a response from you, Emirates Islamic will consider the Murabaha offer for Personal Finance is accepted by you.
Once the Murabaha Sale is executed the Customer then has 2 options:
The Customer has full liberty to choose any of the above 2 options to complete the trading process.
If you have not chosen any of the above options by the Cut-off Time, then Emirates Islamic through Emirates NBD Securities will sell the Certificates owned by the Customer to another party and transfer the sale proceeds to your Emirates Islamic account.
Note: In order to get the funds, Customer has to opt for option 2.
As per Shari’a, it is impermissible to buy a loan at discount or at premium.
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.