ADIB – Personal Finance for Expats
Minimum Salary
AED 0
Monthly Payment
AED 0
Salary Transfer
Yes
Flat Rate
3.85%

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Key Features of Emirates Islamic Personal Finance

Enjoy Flexible and Convenient Benefits:

  • First Installment Holiday: Enjoy a grace period of up to 90 days before your first installment.
  • Free Visa Cashback Card: Receive a complimentary Visa Cashback Card with your financing.
  • Installment Postponements: Avail up to two free installment postponements every year.
  • Optional Takaful Protection: Opt for a Takaful protection scheme to cover the entire outstanding amount in the event of death or permanent total disability.
Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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