Personal Finance Options for Ramadan with Emirates Islamic

This Ramadan, Emirates Islamic offers tailored personal financing solutions for all your needs, whether it’s funding higher education or planning your dream wedding. Take advantage of competitive profit rates and complimentary Takaful coverage.

Key Benefits:

• Attractive Profit Rates: Starting from 2.59% flat per annum (roughly 4.74% reducing per annum).
• Complimentary Takaful Coverage: Free coverage to protect you and your family.
• Payment Holiday: Enjoy up to 4 months of deferred payments.
• Flexible Finance Amounts: Obtain financing of up to AED 4 million.
• Offer Validity: Available until April 30, 2024.

Required Documents:

• Completed bank application form
• Valid passport of the applicant
• Valid UAE resident visa (for expatriates)
• Latest 3 months’ bank statements showing salary deposits
• Salary transfer letter or salary certificate (for salaried individuals)
• Liability letter (for buyout scenarios only)
• Trade license (for self-employed individuals)

Eligibility Criteria:

• Minimum Monthly Salary: AED 10,000
• Minimum Age: 21 years
• Employment Length: 1 month or first salary deposited into Emirates Islamic account
• Maximum Age: 65 years at loan maturity