aseel Bank

Aseel Finance Bank

Last Updated on 19 November 2019

About the Bank

Aseel Islamic Bank was established in Abu Dhabi in August 2006. It is a private company working in the banking and mortgage finance sector.

Banking Products & Services

Aseel Finance offers a wide range of banking products & services like Business Finance, Term Finance, Trade Finance, etc. Explore all the Aseel Finance Products and Services here: 


Business Banking

Business Finance

Term Deposits

Business Credit Card

Property Finance

Corporate Banking

Real Estate

Term Finance

Trade Finance

Term Deposits

Personal Banking

Mortgage Finance

BANCA

Lifestyle Takaful

Motor Takaful

Popular Products & Services

Aseel Finance provides different types of financial products in the UAE. The flagship products include Business Loans, Term Finance, Trade Finance, etc. Here are the popular financial products:


Loans & Mortgages:

Aseel Finance provides attractive loan options. There are different products available like Business Finance, Property Finance, Mortgage Finance, etc.

Awards & Achievements


Year

Award Name

Awarded By

2017

First credit card utilizing the 'Murabaha' mechanism on network international's core system

Network international recognition

2016

Best business finance company – middle east

Banker middle east industry award

2016

Best business credit card – UAE

UAE product award

2015

Best non-banking Islamic retail finance institution - UAE

Islamic banking & finance awards

Customer Support

The bank provides customer support 24/7 to its customers. You can get in touch with the bank via call on 80027335. Visit Aseel Finance Customercare page for further details.

CEO: Abdul Basir Safiullah

Chairman: Dr.Mohd Daud Bakar

Founded Year: 2006

Head Quarters: Abu Dhabi

No.of Employees: 93

Website: www.aseelfinance.ae

Business Loan Business Loan

Business Loan Provided by Aseel

Business Finance

Flat Rate

11.58%

Reducing Rate

21%

Minimum Loan

100K

Maximum Loan

2500K

Time In Business

Time In Business

24 Years

Min Annual Turnover

900K

Tenure

60 Years

Approval Time

2 Days

Processing Fee

2%

11.58%

Flat Rate

21%

Reducing Rate

100K

Min Finance Amount

2500K

Max Finance Amount

900K

Min Annual Turnover

60 Years

Tenure

2 Days

Approval Time

2%

Processing Fee

Latest Updates About Aseel

Aseel Islamic Finance was first owned by the First Gulf Bank

26 October 2013

First Gulf Bank (FGB), one of the largest banks in the UAE, increased its shareholdings in Aseel Islamic Finance through a purchase agreement that increased the bank's ownership from 40% to 100%.