Personal Finance
Type
- Unsecured Loan
Payment Structure
- Flexible payment terms, ranging from 6 to 48 months, with a fixed monthly installment plan.
Eligibilty
- UAE residents aged 21-60 years, minimum monthly income of AED 5,000, must be employed with a valid salary account.
Compliance
- Shariah-compliant, based on Islamic principles.
Personal Home Finance
Type
- Home Financing
Payment Structure
- Financing available with fixed monthly payments, the repayment tenure ranges from 1 to 25 years.
Eligibilty
- UAE residents, salaried/self-employed, age between 21-60 years, property valuation required.
Compliance
- Compliant with Islamic principles like Murabaha.
Al Khair Liability Settlement
Type
- Liability Settlement
Payment Structure
- Payment structure varies based on the outstanding liability being settled
Eligibilty
- Available to customers who have outstanding liabilities or loans from other banks.
Compliance
- Shariah-compliant solutions for debt settlement
Car Finance
Type
- Car Financing
Payment Structure
- Fixed monthly payments with flexible terms up to 60 months.
Eligibilty
- UAE residents, minimum monthly income of AED 5,000, aged between 21 and 60 years.
Compliance
- Shariah-compliant, structured under Ijarah.
EV Finance
Type
- Electric Vehicle Loan
Payment Structure
- Flexible monthly payments with options for varying tenures.
Eligibilty
- Eligibility includes UAE residents with proof of income (minimum AED 5,000). Must be purchasing an electric vehicle.
Compliance
- Shariah-compliant, under the Murabaha model.
Education Finance
Type
- Education Loan
Payment Structure
- Monthly repayments, with flexible tenures up to 48 months.
Eligibilty
- UAE residents, minimum monthly income of AED 5,000, students enrolled in accredited educational institutions.
Compliance
- Compliant with Islamic financing principles.
Travel Finance
Type
- Travel Loan
Payment Structure
- Monthly payments spread over flexible periods.
Eligibilty
- Eligible for UAE residents with a minimum income of AED 5,000, aged between 21-60 years.
Compliance
- Shariah-compliant, under the Islamic financing model.
Boat Finance
Type
- Boat Loan
Payment Structure
- Monthly payments with tenure flexibility.
Eligibilty
- UAE residents, minimum monthly income of AED 5,000, aged between 21 and 60 years.
Compliance
- Compliant with Islamic principles.
Goods Murabaha
Type
- Consumer Durable Finance
Payment Structure
- Fixed monthly payments, based on product price.
Eligibilty
- Available for UAE residents with a minimum income of AED 5,000, applicable for a range of consumer goods.
Compliance
- Shariah-compliant, based on the Murabaha model.
Yusr Salary Advance
Type
- Salary Financing
Payment Structure
- Repayment through salary deductions, with a fixed monthly installment.
Eligibilty
- Must be a salaried employee with a monthly income of AED 5,000, and the employer must be approved by ADIB.
Compliance
- Shariah-compliant, based on Tawarruq principles.
Business Relationship-Based Finance
Type
- Business Loan
Payment Structure
- Payment terms tailored to the business’s cash flow, typically monthly or quarterly.
Eligibilty
- Available for UAE-based SMEs, minimum revenue of AED 500,000, proof of business sustainability required.
Compliance
- Shariah-compliant, structured under Murabaha.
Small Business Finance
Type
- SME Loan
Payment Structure
- Flexible repayment schedules designed for SMEs, with terms of 1-5 years.
Eligibilty
- UAE-based small businesses with stable financials and a minimum annual turnover of AED 300,000.
Compliance
- Shariah-compliant, based on Islamic financing principles.
Trade Finance
Type
- Trade Finance
Payment Structure
- Various structures, including Letter of Credit, trade-related financing with payment terms tailored to trade cycles.
Eligibilty
- vailable to businesses involved in import/export or domestic trade. Proof of business operations and turnover is required.
Compliance
- Shariah-compliant, structured under Murabaha.