Check Eligibility for Dubai Islamic
Business Loan

You are eligible to apply for a Dubai Islamic
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1000000 required to apply for a Dubai Islamic Business Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Dubai Islamic Business Loan Calculator

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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Business Loan Provided By Dubai Islamic

Check Eligibility for Dubai Islamic Business Loan

You are eligible to apply for a Dubai Islamic
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1000000 required to apply for a Dubai Islamic Business Loan .

Click here to check loans from other banks.

Dubai Islamic Business Loan Calculator

Features of Dubai Islamic Business Loan

Dubai Islamic Bank Al Islami Business Finance offers following benefits:

  • Finance Up to AED 2.5 MIllion
  • Competitive Profit Rates
  • Flexible Repayment Tenures (From 6 months up to 48 months)
  • Financing based on Salam Finance

Eligibility Criteria of Dubai Islamic Business Loan

Registration in UAE as:

  • Limited Liability Company (LLC)
  • Sole Proprietor
  • Free Zone Companies
  • Branches/Subsidiaries of Offshore Entities

*Not the only criteria. Contact branch

Documents Required of Dubai Islamic Business Loan

  • National ID/Passport Copy w/ UAE Residence Visa
    (All signing authorities, as applicable)
  • Valid legal constitutive documents
    (Trade License, Certificate of commercial registration, Free Zone, Certificate of Incorporation, Memorandum of Association, Partnership Agreement | All documents as applicable)
  • Active Bank Account Statements

Note: The bank may ask more documentation if necessary. Contact the nearest branch for more details.

Dubai Islamic Business Loan Profit Rates

Dubai Islamic Bank

1 Dubai Islamic Bank Business Loans

Business Finance

Flat Rate

9.37%

Reducing Rate

17%

Min Finance Amount

AED 50K

Max Finance Amount

AED 2250K

Early Settlement Fee

1%

Min Annual Turnover

AED 1000K

Tenure

48 Years

Approval Time

7 Days

Processing Fee

2%

flat rate

9.37%

Flat Rate

reducing rate

17%

Reducing Rate

minimum amount

AED 50K

Min Finance Amount

maximum amount

AED 2250K

Max Finance Amount

early settlement fee

1%

Early Settlement Fee

annual turnover

AED 1000K

Min Annual Turnover

tenure

48 Years

Tenure

approval time

7 Days

Approval Time

processing fee

2%

Processing Fee

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process

Features

  • The reduction rate and the flat rate is 17% and 9.37%. This denotes that the computation done was a division of the reduction rate by 1.815
  • Provides maximum finance amount of up to AED 2,250,000
  • Early settlement fee is 1% of the finance amount
  • Processing fee is 2% of the loan amount
  • Repayment period is up to 48 months
  • Provides minimum finance amount of up to AED 50,000
  • 1 years minimum length of business is required to qualify for this finance
  • Minimum annual sales turnover of AED 1,000,000 is needed to apply for this finance
  • You need not have a bank account with Dubai Islamic bank to apply for this finance
  • After successful submission of documents, within next 7 working days the bank will approve the loan

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy

View details on bank page

About Dubai Islamic

Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.

The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.

   Get in touch with Dubai Islamic Bank Customer Care