Haj & Umrah Finance
| Islamic Finance | Yes |
| Minimum Salary | AED 5,000 |
| Minimum Age | 21 years |
| Maximum Age | 65 years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | Yes |
| Employment Criteria | Stable monthly income deposited into an Ajman Bank account |
| Minimum Loan Amount | AED 5,000.00 |
| Maximum Loan Amount | AED 200,000.00 |
| Minimum Loan Tenure | 6 months |
| Maximum Loan Tenure | 48 months |
| Flat Interest Rate: | N/A |
| Reducing Interest Rate: | 3.75% - Profit rate based on Murabaha structure for religious travel packages |
| Processing Fee: | 1.00% - One-time fee on financed amount, subject to bank policy |
| Early Settlement Fee: | 1.00% - Applies on remaining financed portion |
| Late Payment Fee: | 0.00% - No penalty taken by the bank; donation to charity as per Sharia rules |
| Insurance Fee: | N/A - May require Takaful coverage per bank’s guidelines |
Required Documents
Emirates ID, passport/visa, salary certificate, proof of Haj/Umrah registration
Promotions
Promotional campaigns occasionally offer discounted fees
Additional Benefits
Flexible scheduling to match travel dates, Sharia-compliant financing
Features:
Funds disbursed directly or via authorized travel partner arrangements
General Notes
Subject to final approval and meeting Sharia compliance
