Islamic Banking
See What's New
Browse through our latest offers and products.
Islamic Savings Account
Open an Islamic Savings Account with best-in-market anticipated profit rate of up to 5%*
Islamic Personal Finance
Get market leading profit rates starting from 2.49% (equivalent to reducing rate of 4.74%) per year.
Non-Salary Transfer Islamic Personal Finance
Whether it is for a new home, travel abroad or a wedding, our personal finance offers you great deals that meet your financial needs.
Explore More
Have a look at our great variety of offers and products.
Have a look at our great variety of offers and products.
Get a Stamped Statement
Skip the queue and request an account stamped statement on FAB Mobile.
Get a Foreign Currency Account
Open an account in USD, GBP or EUR with zero paperwork on FAB Mobile.
What's new on FAB Mobile
Don't miss out on what's happening with FAB Mobile. Stay up to date on the latest developments, such as card control and budget plans, instant international transfers, and monthly prizes. Make the most out of your mobile experience with FAB!
Grow your wealth with Shariah compliant products and services.
Get what you need from FAB Islamic Banking. Experience several benefits, privileges and a vast variety of Islamic products and services designed to meet your needs.
Personal Islamic Banking
Our Islamic Banking, guided by Shariah rules and principles, offers a wide range of world-class products and services.
Elite Islamic Banking
We recognise your appreciation for quality and the finer things in life. We offer you dedication, unparalleled service standards, exclusive privileges and benefits, and a well-balanced range of tailor-made Shariah-compliant products.
Business Islamic Banking
Islamic Business Banking is committed to providing Shariah-compliant products and services that are tailored to meet our customers’ needs and ensure their success.
Investment Islamic
We focus on developing Shariah-compliant investment solutions and Islamic products to satisfy the growing demand from customers.
Grow your wealth with Shariah compliant products and services.
Get what you need from FAB Islamic Banking. Experience several benefits, privileges and a vast variety of Islamic products and services designed to meet your needs.
FAB Islamic Rewards
Earn exciting rewards on your everyday spends and account balances. Choose from an extensive range of redemption options and redeem your FAB Islamic Rewards instantly the way you like.
Earn exciting rewards on your everyday spends and account balances. Choose from an extensive range of redemption options and redeem your FAB Islamic Rewards instantly the way you like.
FAB Etihad Guest Islamic Miles
Turn everyday spending into a reward of your choice from free flights, cabin upgrades and more.
Frequently Asked Questions
What kind of Shariah-compliant products does FAB offer?
FAB offers a range of Shariah-compliant personal and investment banking and finance solutions to help customers grow their wealth. FAB customers can choose from Islamic accounts, Islamic cards and Islamic financing for cars, homes and personal use. You can read more about our Islamic banking offerings here.
Can I get a FAB Islamic credit card?
Yes! FAB offers a variety of Islamic credit cards. Users can enjoy special privileges, discounts and exciting benefits. Both Visa and Mastercard options are available. Check out our range of FAB Islamic cards here.
What is Shariah-compliant banking?
Shariah-compliant banking or Islamic banking, is a banking system that is governed by the principles of Islamic law (Shariah) and guided by Islamic economics which prohibits dealing with “Riba” or “Interest” and permits earning profit on trading of goods, leasing of assets, or charging fees on providing services.
Can I conduct Islamic banking in different currencies?
Products available in AED, GBP, USD, and EUR:
Products available in AED only:
- Islamic Investment Deposit Account
- Emirati Al Awwal Investment Certificate
- Cashback Islamic Credit Card
- Etihad Infinite Islamic Credit Card
- Etihad Platinum Islamic Credit Card
- Etihad Signature Islamic Credit Card
- Islamic Personal Finance
- Islamic Non-Salary Transfer Personal Finance
- Islamic Car Finance
- Islamic Home Finance
FAB Islamic Rewards:
- FAB Islamic rewards are applicable for select Islamic AED accounts and select Islamic AED cards issued in the UAE only. For more information on earning Rewards, click here.
- International spending on Islamic credit cards and debit cards, in any currency, will earn you rewards as long as the card was issued in the UAE.
What is the difference between interest and profit?
Interest is any excess amount paid and/or received in exchange of money (loan or deposit). Profit is any amount earned in exchange of goods, assets, services or rights, interests, benefits and entitlements in, to and under such assets in a Shariah-compliant manner.
What kind of products and services are available for corporate Islamic banking?
Our services include:
- IForward Ijarah Financing for under construction real estate
- Ijarah Financing (Lease ending with acquisition) for completed properties
- Commodity Murabahah Financing for working capital
- Islamic Trade Facilities
- Islamic Guarantee Facilities
- Islamic Current Account
- Islamic Call Account
- Islamic Term Deposit (Wakalah)
You can learn more about FAB’s Business Islamic banking here.
Get in touch
Need more help?
Contact us anytime for further assistance or check out our FAQ page for more information.
FAB Islamic | International | ||
---|---|---|---|
800 2200 Lines Open 24/7 |
+971 2 499 6299 |
Email Us | |
---|---|
islamiccustomercare@bankfab.com |