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Non-listed Company Personal Finance in UAE

A personal finance designed for employees
of non-listed companies

Warning

  • You may have to pay applicable early settlement charges if you settle the full financing early
  • If you do not meet the payments on your financing, your account will go into arrears, and you will be committed to pay a donation amount based on the bank’s request (if any)
  • The Bank will commence the recovery and collection process (which may include engaging third party debt collection agencies) and legal action including bankruptcy
  • Any legal action against you may affect your credit rating, and this may limit your ability to access financing and make it more difficult or more expensive to access financing in the future
  • Refinancing your facility may result in it taking longer to pay off the financing and you may pay higher profit

Why should you apply for a personal finance with FAB Islamic?

Up to AED 500,000

Up to AED 500,000 for both UAE nationals and Expats

For Employees of Non-listed Companies

Personal finances for Employees of non-listed companies

Market-leading Profit Rates

From 4.86%* (equivalent to a reducing rate of 8.99%* per year)

Up to AED 500,000

Up to AED 500,000 for both UAE nationals and Expats

For Employees of Non-listed Companies

Personal finances for Employees of non-listed companies

Market-leading Profit Rates

From 4.86%* (equivalent to a reducing rate of 8.99%* per year)

Personal Finance Features

Segment Profit Rate Finance Amount Payment Terms
UAE Nationals 4.86%* (equivalent to a reducing rate of 8.99%* per year) Up to AED 500,000 Up to 48 months
Expatriates 6.60%* (equivalent to a reducing rate of 11.99%* per year) Up to AED 500,000 Up to 48 months

Eligibility and Documents

  • Node Minus Alt
    A minimum monthly income of AED 10,000
  • OR
  • Node Minus Alt
    Acceptable Credit Bureau score
  • OR
  • Node Minus Alt
    You have completed a minimum of 6 months of service with your current employer
  • OR
  • Node Minus Alt
    Applicants must be 21+ years old
  • OR
  • Node Minus Alt
    Copy of a valid passport/Emirates ID (originals must also be presented)
  • OR
  • Node Minus Alt
    Bank statements for the last 3 months showing salary credits (if salary is not credited to a FAB Islamic account)
  • OR
  • Node Minus Alt
    Salary transfer letter/salary certificate addressed to FAB Islamic
  • OR
  • Node Minus Alt
    Signed and completed application
  • OR

Terms and conditions apply.

*All profit rates quoted are effective rates on the finance’s outstanding balance.

Ready to apply?