Credit Bureau Consent, Welcome Offer & General Terms & Conditions
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Home Loan Provided By Sharjah Islamic
Features of Sharjah Islamic Home Loan
- Hassle-free Approvals
- Fixed EMIs that protect from rate fluctuations
- Long Repayment Tenures
- Allowed For Ready & Under-Construction Properties
Documents Required of Sharjah Islamic Home Loan
- Original passport
- UAE National ID (For UAE Nationals)
- Valid UAE residence visa (For Expatriates)
- Past Six months bank statements of active account
- Salary Transfer Letter (For Salaried)
- Original Trade License (For Self-Employed)
- Chamber of Commerce Certificate(Self-Employed) as Applicable
- The property documents (Site Plan, Map & Title of Deed, etc...)
- Takaful Insurance (Against Life & Permanent Disability)
- Property Insurance
- Joint Deals
- Geographic Scope Details(Freehold – Leasehold)
Original Documents must be produced at the time of verification. The bank will not hold any documents in originals without consent or legal requirement. Bank may ask for more documents if it sees necessary.
Sharjah Islamic Home Loan Profit Rates
1 Sharjah Islamic Bank Home Loans
Real Estate Finance
Features
- Provides finance for Residentials properties, both ready properties or residential lands
- Provides finance for Non-residential properties like commercial properties
- Get finance for properties under construction
Features
- Provides finance for Residentials properties, both ready properties or residential lands
- Provides finance for Non-residential properties like commercial properties
- Get finance for properties under construction
- Flexible repayment period
- Hassle-free process
- Profit rates start from 1.79% plus 6 months EIBOR
- Only UAE residents are eligible
Benefits
- Provides finance for residential and under-construction properties
- Easy and convenient instalments
- Competitive profit rates
About Sharjah Islamic
Established in 1975 through an Amiri decree, the bank was initially known as the National Bank of Sharjah. In 2002, the bank was the first bank to convert to Islamic Banking and was renamed as Sharjah Islamic Bank (SIB). SIB has a Vision 'to be the bank of choice, delivering creative customer solutions based on Islamic principles of partnership, trust & equality for all’. The values followed by them are :
- Bonding and Harmony
- Compliance
- Learning and Self Development
- Social Responsibility
- Creativity and Innovation
Get in touch with Sharjah Islamic Bank Customer Care