Shares Murabaha
| Islamic Finance | Yes |
| Minimum Salary | AED 5,000 |
| Minimum Age | 21 years |
| Maximum Age | 60 years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | Yes |
| Employment Criteria | Applicants must submit proof of income along with an investment plan. |
| Minimum Loan Amount | AED 10,000.00 |
| Maximum Loan Amount | AED 300,000.00 |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 60 months |
| Flat Interest Rate: | 3.00% - Fixed profit rate suitable for share financing. |
| Reducing Interest Rate: | 5.50% - Reducing profit rate option aligned with market conditions. |
| Processing Fee: | 1.00% - 1% processing fee is applicable. |
| Early Settlement Fee: | 1.00% - 1% fee on outstanding principal if settled before term. |
| Late Payment Fee: | 1.00% - 1% fee for late installment payments. |
| Insurance Fee: | 0.63% - Takaful fee estimated at 0.63%. |
Required Documents
Emirates ID, proof of income, investment plan details.
Promotions
May offer promotional profit rate adjustments based on market trends.
Additional Benefits
Provides liquidity for share investments with flexible repayment.
Features:
Structured as Shares Murabaha under Islamic financing principles.
General Notes
Offer subject to investment risk assessment and regulatory compliance.
