Islamic Home Finance For UAE Residents

Unbox your dream house and save
on processing fees and
get the chance to win up to 1 KG of gold

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 home with FAB ISLAMIC range of home finance options and win gold!

Enjoy competitive profit rates on a FAB ISLAMIC Home finance with fixed profit rate options starting from 3.89% for UAE Nationals and from 3.99% for expatriates.

First time buyers and those making handover payments to developers can save up to AED 25,000 on processing fees.

Transfer your home finance to FAB ISLAMIC and enjoy a 180-day grace period before your first instalment, along with waivers on processing and valuation fees, early settlement fee, and a refund for home finance buyouts.

Plus a chance to win Gold!

All of this comes with low down payments, high home finance amounts and home finance advisers who will be with you every step of the way to advise on the best home finance and help you secure your choice of FAB ISLAMIC credit card.

Enjoy our exclusive benefits:

Segment	Grace period	Gold Draw*	Processing fees**	Home finance buyout
UAE Nationals	90 days for new home finance, 180 days for buyouts	3 winners 1 KG of Gold	Processing fees waiver for salary transfer customers and 50% discount on fees for non-salaried customers	Processing fee Waiver, Refund of Early Settlement Fees, and valuation fees
Expatriates	60 days for new home finance, 120 days for buyouts	3 winners 0.5 KG of Gold	Processing fees waiver for salary transfer customers and 50% discount on fees for non-salaried customers	Processing fee waiver, Refund of Early Settlement fees and valuation fees

Up to 5 years of rate certainty with our fixed profit rates:

Segment	Fixed profit rate tenure	With a salary transfer + FAB ISLAMIC Credit Card***	Without a salary transfer****
UAE Nationals*****	1 year	3.89%	4.24%
	2 years	3.89%	4.24%
	3 years	3.89%	4.24%
	5 years	4.19%	4.44%
Expatriates	1 year	3.99%	4.24%
	2 years	3.99%	4.24%
	3 years	3.99%	4.24%
	5 years	4.19%	4.24%

Other great benefits include:

Get low profit rates when you transfer your salary to a FAB ISLAMIC savings account, choose a FAB ISLAMIC credit card to complement your home finance with an annual membership waiver for the first year. Visit the campaign page for more information on the credit card requirements

Partial settlement up to 25% of finance outstanding annually without fees, during the variable rate period

Up to 85% financing for first-time buyers

Dedicated Home finance advisors

Own your dream home today with FAB Islamic Home Finance.

Terms and conditions apply.

*Click here to learn more about FAB ISLAMIC Gold campaign.

**Processing fees are waived for salaried (who transfer their salaries to a FAB ISLAMIC savings account) first-time property buyers and those making handover payments to developers. Non-salaried customers receive a 50% discount.

**Capped at AED 25,000. Offer valid till 31st May 2025.

***The subsequent home finance rate you’ll move to when your current deal ends is equivalent to 3 months EIBOR + 1.5% 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.

****When you transfer your salary to a FAB Islamic savings account and choose a FAB ISLAMIC credit card. For more information on the credit card please refer to the campaign terms and conditions.

*****The subsequent home finance rate you’ll move to when your current deal ends is equivalent to 3 months EIBOR + 1.89% for non-salary transfer customers, and it will not fall below a specified rate of 1.99% over an agreed period of time.