Skip to content

Elite Islamic Personal Finance

Say goodbye to large outstanding amounts,
hidden charges and inconvenient instalments

Achieve your financial goals with the Elite Islamic Personal Finance from FAB Islamic and enjoy market-leading profit rates as low as 2.49%* (equivalent to a reducing rate of 4.74%*) per year.


Get up to AED 5 million and take advantage of a 210-day grace period before the first instalment. Plus, you can enjoy a host of other benefits like a flexible payment solution, fast and easy approvals, and hassle-free documentation.

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 Finance Amount Grace Period
UAE Nationals 2.49%* (equivalent to a reducing rate of 4.74%*) per year 3.29%* (equivalent to a reducing rate of 6.2%*) per year AED 5 million 210 days
Expatriates 2.82%* (equivalent to a reducing rate of 5.34%*) per year 3.85%* (equivalent to a reducing rate of 7.2%*) per year AED 2 million 120 days

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

*Terms and conditions apply.

Click here to know more about the Multi Product Package.

  • Node Minus Alt
    Available for UAE nationals and residents
  • OR
  • Node Minus Alt
    Minimum payment tenor of 12 months
  • OR
  • Node Minus Alt
    Minimum age 21 and maximum age 65 for UAE nationals and 60 for non-UAE nationals
  • OR
  • Node Minus Alt
    Murabaha request form completed and signed by customer
  • OR
  • Node Minus Alt
    Salary certificate addressed to FAB (issued within the last 30 days)
  • OR
  • Node Minus Alt
    A salary transfer letter from the employer
  • OR
  • Node Minus Alt
    Bank statement for the last 3-6 months for non-salary transfer customers
  • OR
  • Node Minus Alt
    Copy of a valid Emirates ID, passport and residence visa for non-UAE nationals (originals must also be presented)
  • OR
Note: Additional documents may be required on a case-by-case basis

Top up your existing personal finance in a few easy steps! Click here to check your eligibility and apply instantly on the FAB Mobile app! Conditions apply.

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

Islamic personal finance gives you the opportunity to fulfill your personal finance and liquidity requirements in a Shariah-compliant manner, where the assets bought and sold are commodities on the London Metal Exchange (LME)

Islamic personal finance gives you the opportunity to fulfill your personal finance and liquidity requirements in a Shariah-compliant manner, where the assets bought and sold are Islamic Sukuk certificates from National Bonds Corporation.

Ready to apply?

Get in touch

Need more help?

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

Elite Islamic International
800 70000
Lines Open 24/7
+971 2 499 6300

Working Hours Email Us
Sunday to Thursday: 8:00 am to 1:30 pm
Saturday: 8:00 am to 12:00 pm
islamiccustomercare@bankfab.com