Dubai Islamic Bank’s Al Islami Business Finance
Dubai Islamic Bank’s Al Islami Business Finance is designed for businesses with big ambitions, offering up to AED 2.5 million with a straightforward approval process and business-friendly payment options.
Key Features:
- High Financing Limits: Obtain financing of up to AED 2.5 million.
- Competitive Profit Rates: Profit rates range from 17% to 24%.
- Salam Finance Basis: Financing is provided based on Salam Finance principles.
- Flexible Tenure: Repayment terms range from 6 months to 48 months.
- Eligibility Criteria:
- Minimum Annual Turnover: AED 1 million
- Minimum Loan Amount: AED 50,000
- Business must have at least 1 year of operation
- Unique Advantages:
- No need for an existing account with the bank to apply
- Flat profit rate starting at 17%, up to 24%, depending on the company profile
Fees & Charges:
- Early Settlement Fee: Up to 1% of the outstanding balance.
With these features, Al Islami Business Finance offers a flexible and competitive solution for your business needs.
