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Islamic Home Finance For UAE Residents

Enjoy our best Islamic Home Finance profit
rate ever

Warning

  • If you do not keep up with your payments, you will be committed to pay a donation amount based on the bank’s request (if any) and legal action may be taken if you fail to respond to any reminder notices issued
  • Your property may be foreclosed upon, and you will have to bear all related costs. You will also be responsible for settling any shortfall after your property is sold
  • Any legal action against you may affect your credit rating, which may limit your ability to access financing and make it more difficult or more expensive to access financing in the future
  • You may have to pay applicable early settlement charges if you settle the full financing early

Own your own home with FAB Islamic’s range of home finance options and fixed profit rates starting from 3.94% per year.

Enjoy a range of great profit rates on FAB Islamic Home Finance with fixed and variable profit rate options, low down payments, high finance amounts and low fees. Our home finance advisers will be with you every step of the way to advise on the best home finance for you, and you’ll get great benefits including your choice of a FAB Islamic credit card.

Enjoy our fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card:

Fixed profit rate period With a salary transfer to a FAB Islamic savings account and a credit card* Without a salary transfer to a FAB Islamic savings account**
One year 3.94% 4.59%
Two years 3.94% 4.59%
Three years 4.09% 4.59%
Five years 4.19% 4.59%

Other great benefits include:

  • Node Minus Alt
    More flexibility with our variable profit rates: One-year variable profit rate from 0.55% per year + 3 months EIBOR for the first year and 1.5% per year + 3 months EIBOR from the second year onwards
  • OR
  • Node Minus Alt
    Up to 85% financing for first-time buyers
  • OR
  • Node Minus Alt
    No approval-in-principle fee
  • OR
  • Node Minus Alt
    Up to AED 10,000 in FAB Islamic Rewards when you transfer your salary to a FAB Islamic Savings Account and obtain FAB Islamic Credit Cards (1 AED = 250 FAB Islamic Rewards)
  • OR
  • Node Minus Alt
    Exclusive deals on processing fees and discounted valuation fees on properties with major developers
  • OR
Own your dream home today with FAB Islamic Home Finance.

Terms and conditions apply.

*The subsequent profit rate you’ll move to when your current deal ends is three month EIBOR + 1.5% profit margin for customers with a salary transfer to a FAB Islamic savings account and it will not fall below a specified rate of 1.99% over an agreed period of time.
**The subsequent profit rate you’ll move to when your current deal ends is three month EIBOR + 1.89% profit margin for non-salary transfer customers and it will not fall below a specified rate of 1.99% over an agreed period of time.

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Need more help?

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

FAB Islamic International
800 2200
Lines Open 24/7
+971 2 499 6299

Email Us
islamiccustomercare@bankfab.com