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Elite Islamic Car Finance

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


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24 hours to proceed with your application.

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Elite Islamic

800 70000

Lines Open 24/7

International

+971 2 499 6300

Working Hours


Sunday to Thursday
8:00 am to 1:30 pm

Saturday
8:00 am to 12:00 pm
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