UAE 
Drive your dream car with the Elite Islamic Car Finance from FAB Islamic and enjoy profit rates as low as 2.35%* (equivalent to a reducing rate of 4.46%*) per year.
Get up to AED 1.5 million or 80% of the car’s value and take advantage of a 90-day grace period before the first instalment. Finance is available for new and pre-owned vehicles.
| 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 and without Islamic credit card |
|---|---|---|
| UAE Nationals | 2.35%* (equivalent to a reducing rate of 4.46%*) per year | 3.19%* (equivalent to a reducing rate of 5.98%* per year) |
| Expatriates | 2.59%* (equivalent to a reducing rate of 4.90%*) per year | 3.24%* (equivalent to a reducing rate of 6.07%* per year) |
Other benefits included with the Multi Product Package (with a salary transfer to a FAB Islamic savings account and Islamic credit card):
- Up to AED 12,500 in FAB Islamic rewards
- 25% discount on processing fees
*Conditions apply.
To know more about the Multi Product Package, click here.
Eligibility
- Minimum finance amount AED 15,000
- Available for UAE nationals and residents
- Minimum age is 21 and the maximum age is 65 for UAE nationals and 60 for non-UAE nationals
Required documents
- Finance application form completed and signed by the customer
- Copy of a valid Emirates ID, passport and residence visa for non-UAE nationals (originals must also be presented)
- Salary certificate addressed to FAB for salaried customers (issued within the last 30 days)
- Bank statement for the last 3-6 months for non-salaried customers
Note: Additional documents may be required on a case-by-case basis
Terms and conditions apply
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
