Wedding 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 | Must have a stable salary credited to Al Hilal Bank |
Minimum Loan Amount | AED 5,000.00 |
Maximum Loan Amount | AED 300,000.00 |
Minimum Loan Tenure | 6 months |
Maximum Loan Tenure | 48 months |
Flat Interest Rate: | N/A |
Reducing Interest Rate: | 4.25% - Profit rate for covering wedding expenses, subject to profile |
Processing Fee: | 1.00% - One-time fee on financed amount |
Early Settlement Fee: | 1.00% - Applicable if finance is closed prior to maturity |
Late Payment Fee: | 0.00% - No penalty to bank, donation approach for missed installments |
Insurance Fee: | N/A - Takaful plan may be required as specified by the bank |
Required Documents
Emirates ID, salary certificate, relevant quotes or invoices if needed
Promotions
Seasonal promotions with lower fees for wedding packages
Additional Benefits
Flexible installments aligned with wedding date planning
Features:
Finance to cover venue, catering, honeymoon packages, etc.
General Notes
Exact approval subject to credit checks and Sharia compliance