Skip to content

FAB Islamic Personal Finance

Whether you’re looking to rent a house, travel, or pay for education, FAB Islamic Personal Finance provides Shariah-compliant solutions at market-leading profit rates.

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

Get chances to win up to 1.5 KG of Gold


Achieve your financial goals with a FAB Islamic Personal Finance and get a chance to win gold.

Enjoy a host of benefits, like a low profit rate, flexible payment solution, fast and easy approvals, and hassle-free documentation. Also, enjoy zero processing fees and get chances to win up to 1.5 KG of Gold!

Explore the multi product package to enjoy our exclusive benefits:

Segment With Multi Product Package (with a salary transfer to a FAB Islamic savings account and Islamic credit card) With a salary transfer to a FAB Islamic savings account without an Islamic credit card Gold Draw* Processing fees** Finance Amount Grace Period
UAE Nationals Personal finance profit rate starting from 2.58%* (equivalent to a reducing rate of 4.89%*) per year Personal finance profit rate starting from 3.29%* (equivalent to a reducing rate of 6.2%*) per year 3 winners of up to 1.5 KG of Gold zero processing fees Up to AED 5 million Up to 7 months
Expatriates Personal finance profit rate starting from 2.91%* (equivalent to a reducing rate of 5.5%*) per year Personal finance profit rate starting from 3.85%* (equivalent to a reducing rate of 7.2%*) per year 3 winners of up to 1.5 KG of Gold zero processing fees Up to AED 2 million Up to 4 months

*Campaign Terms and Conditions apply

** Applicable with a multi product package only

Personal Finance Eligibility and Documents

Terms and conditions apply.

Please refer to the sample profit rate calculation below for our Shariah-compliant Islamic finance solutions.

Particulars For UAE Nationals For Expats
Finance Amount (AED) 100,000 100,000
Finance Period (months) 48 48
Profit Rate (Flat Rate) 3.29% 3.85%
Equivalent Reducing Rate 6.2% 7.2%
Number of days before first payment 60 60
Profit Amount (AED) 13,708 16,042
Total Amount Payable (AED) 113,708 116,042
Monthly Instalment (AED) 2,368.92 2,417.53

One-time upfront processing fee of 1.05% will apply on the finance amount (minimum AED 525 and maximum AED 2,625). A life Takaful contribution may apply. For further information on fees and charges, please refer to the service and price guide.

*This offer may be withdrawn or amended at any time at the bank’s discretion.
Features are subject to alteration/cancellation
All finances are subject to income and eligibility criteria
Eligibility criteria are subject to change from time-to-time

  • Commodity Finance

  • Sukuk Finance

Ready to apply?

Get in touch

Need more help?

Contact us anytime for further assistance or check out our FAQ page for more information.