Check Eligibility for Al Hilal
Personal Loan

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Personal Loan .

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* Minimum salary AED 5000 required to apply for a Al Hilal Personal Loan .

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Al Hilal Personal Loan Calculator

Al Hilal Bank Personal Loans in UAE

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Check Eligibility for Al Hilal Personal Loan

You are eligible to apply for a Al Hilal
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 5000 required to apply for a Al Hilal Personal Loan .

Click here to check loans from other banks.

Al Hilal Personal Loan Calculator

Al Hilal Personal Loan Details
Minimum Salary AED 7000 - AED 20000 per month (depends on the nationality and type of loan)
Profit Rates Flat rate: 3.25% - 9.25% | Reducing rate: 5.9% - 16.8%
Maximum Loan Amount AED 350K - AED 7500K(depends on the nationality and type of loan)
Early Settlement Fees 1% of the outstanding amount
Arrangement Fees 1% of the approved loan amount
Tenure 48 months
Age 21 - 60 years(Expats) & 65 years(UAE Nationals)

Features of Al Hilal Personal Loan

  • 0.75% of the finance amount is charged as Takaful fee.
  • There are no hidden fees or charges
  • The processing fee is 1% of the loan amount (Min. AED 500 and Max. AED 2,500).
  • Every time you miss an instalment there is a late payment fee of AED 200 which is given to charity.

Eligibility Criteria of Al Hilal Personal Loan

  • Salary of minimum AED 10,000 per month
  • Applicant should be at least 21 years old
  • 3-6 months bank statement.

Al Hilal Personal Loan Profit Rates

Al Hilal Bank

5 Al Hilal Bank Personal Loans

Personal Finance Sukuk Murabaha for UAE Nationals

Minimum Salary

AED 5K

Flat Rate

3.25%

Reducing Rate

5.9%

Loan Amount

AED 4500K

Early Settlement Fee

AED 0

Arrangement Fee

1%

minimum salary

AED 5K

Minimum Salary

flat rate

3.25%

Flat Rate

reducing rate

5.9%

Reducing Rate

loan amount

AED 4500K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Only UAE Nationals can apply for this finance
Apply Now

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Only UAE Nationals can apply for this finance
  • Minimum age of 21 years is required
  • The loan is provided for a interest rate of 5.9%
  • Minimum salary of AED 5000 is required
  • The reduction rate and the flat rate is 5.9% and 3.25%. This denotes that the computation done was a division of the reduction rate by 1.815
  • It is a requirement to transfer your salary to apply
  • Finance up to AED 4,500,000
  • No early settlement fee
  • Arrangement fee is 1% of loan amount

Benefits

  • Specifically designed to settle all liabilities with banks using the Islamic financing mode of Commodity Murabaha
  • High finance amounts
  • Repayment tenor of up to 4 years
Apply Now
View Details

View details on bank page

Personal Finance Sukuk Murabaha for Expats with Salary Transfer

Minimum Salary

AED 5K

Flat Rate

3.25%

Reducing Rate

5.9%

Loan Amount

AED 1500K

Early Settlement Fee

AED 0

Arrangement Fee

1%

minimum salary

AED 5K

Minimum Salary

flat rate

3.25%

Flat Rate

reducing rate

5.9%

Reducing Rate

loan amount

AED 1500K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Required to submit bank statement for last 6 months
  • Minimum age of 21 years is required
  • The rates applicable depend on salary ​​
Apply Now

Features

  • Required to submit bank statement for last 6 months
  • Minimum age of 21 years is required
  • The rates applicable depend on salary ​​
  • The loan is provided for a interest rate of 5.9%
  • Minimum salary of AED 5000 is required
  • The reduction rate and the flat rate is 5.9% and 3.25%. This denotes that the computation done was a division of the reduction rate by 1.815
  • It is a requirement to transfer your salary to apply
  • Finance up to AED 1,500,000
  • Early settlement fee is AED 0
  • Arrangement fee is 1% of loan amount

Benefits

  • Option to purchase sharia-compliant “National Bonds” and redeem the bonds at your convenience
  • High finance amounts
  • The Takaful premium is 0.025% charged per month on the outstanding finance amount
  • Repayment tenor of up to 4 years
  • No early settlement fee
Apply Now
View Details

View details on bank page

Personal Finance Settlement of liabilities for Expats

Minimum Salary

AED 7K

Flat Rate

3.25%

Reducing Rate

5.9%

Loan Amount

AED 1500K

Early Settlement Fee

AED 0

Arrangement Fee

1%

minimum salary

AED 7K

Minimum Salary

flat rate

3.25%

Flat Rate

reducing rate

5.9%

Reducing Rate

loan amount

AED 1500K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Required to submit bank statement for last 6 months
  • Minimum age of 21 years is required
  • The rates applicable depend on salary ​​
Apply Now

Features

  • Required to submit bank statement for last 6 months
  • Minimum age of 21 years is required
  • The rates applicable depend on salary ​​
  • The loan is provided for a interest rate of 5.9%
  • Minimum salary of AED 7,000 is required
  • The reduction rate and the flat rate is 5.9% and 3.25%. This denotes that the computation done was a division of the reduction rate by 1.815
  • It is a requirement to transfer your salary to apply
  • Finance upto AED 1,500,000
  • Arrangement fee is 1% of loan amount

Benefits

  • Specifically designed to settle all liabilities with banks using the Islamic financing mode of Commodity Murabaha
  • High finance amounts
  • The Takaful premium is 0.025% charged per month on the outstanding finance amount
  • Repayment tenor of up to 4 years
  • No early settlement fee
Apply Now
View Details

View details on bank page

Personal Finance Settlement of liabilities for UAE Nationals

Minimum Salary

AED 5K

Flat Rate

3.6%

Reducing Rate

6.53%

Loan Amount

AED 7500K

Early Settlement Fee

AED 0

Arrangement Fee

1%

minimum salary

AED 5K

Minimum Salary

flat rate

3.6%

Flat Rate

reducing rate

6.53%

Reducing Rate

loan amount

AED 7500K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Only UAE Nationals can apply for this finance
Apply Now

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Only UAE Nationals can apply for this finance
  • Minimum age of 21 years is required
  • The loan is provided for a interest rate of 6.53%
  • Minimum salary of AED 5000 is required
  • The reduction rate and the flat rate is 6.53% and 3.6%. This denotes that the computation done was a division of the reduction rate by 1.813
  • It is a requirement to transfer your salary to apply
  • Finance up to AED 7,500,000
  • Arrangement fee is 1% of loan amount

Benefits

  • Specifically designed to settle all liabilities with banks using the Islamic financing mode of Commodity Murabaha
  • High finance amounts
  • The Takaful premium is 0.025% charged per month on the outstanding finance amount
  • Repayment tenor of up to 4 years
  • No early settlement fee
Apply Now
View Details

View details on bank page

Personal Finance Sukuk Murabaha for Expats Non Salary Transfer

Minimum Salary

AED 10K

Flat Rate

9.25%

Reducing Rate

16.8%

Loan Amount

AED 350K

Early Settlement Fee

AED 0

Arrangement Fee

1%

minimum salary

AED 10K

Minimum Salary

flat rate

9.25%

Flat Rate

reducing rate

16.8%

Reducing Rate

loan amount

AED 350K

Loan Amount

early settlement fee

AED 0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Minimum age of 21 years is required
Apply Now

Features

  • Required to submit bank statement for last 6 months
  • The rates applicable depend on salary ​​
  • Minimum age of 21 years is required
  • The loan is provided for a interest rate of 16.8%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 16.8% and 9.25%. This denotes that the computation done was a division of the reduction rate by 1.816
  • It is not required to transfer your salary to apply
  • Finance up to AED 350,000
  • No early settlement fee
  • Arrangement fee is 1% of loan amount

Benefits

  • Option to purchase sharia-compliant “National Bonds” and redeem the bonds at your convenience
  • High finance amounts
  • The Takaful premium is 0.025% charged per month on the outstanding finance amount
  • Repayment tenor of up to 4 years
Apply Now
View Details

View details on bank page

Frequently Asked Questions

⭐ What are the different types of personal loans offered by Al Hilal Bank?

A. There are 4 kinds of personal loans available with Al Hilal Bank:
Goods Finance: It helps purchase of electronics, furniture, home appliances, computers and other legitimate goods.
Service Finance: You can finance your travel expense, medical treatment expense, education expenses and much more with Service Finance.
Settlement of liabilities: Settle your liabilities with conventional banks using this product.
Sukuk Finance: Can help you purchase National Bond saving certificates according to your need for an agreed profit. You may redeem these bonds directly from NBC if you wish to obtain cash. This is based on the contract of Murabaha in accordance with the Shariah laws.

⭐ What are the various personal loans provided by Al Hilal bank?

A. Goods Finance, Service finance, Settlement of liabilities, Sukuk finance.

⭐ Are all personal finance products Sharia compliant?

A. Yes. All personal finance products are Sharia compliant.

⭐ What’s the use of Goods finance provided by Al Hilal bank?

A. Goods finance helps you purchase different goods furniture, electronics, home appliances, computers etc.,

⭐ How can I settle my liabilities with other banks using Al Hilal personal loan?

A. All your liabilities with other banks can be settled with Murabaha.

⭐ Is liability letter mandatory for settlement of liabilities?

A. Yes. Liability letter is mandatory for settlement of liabilities.

⭐ What benefits can I obtain from Al Hilal bank personal loan?

A. Shariah compliant products, fast approval process, competitive profit rate, flexible tenure,minimum salary requirements are the benefits that we can get from Al Hilal personal loan.

About Al Hilal

An Islamic bank, headquartered in Abu Dhabi, the Al Hilal Bank was founded by the Abu Dhabi Investment Council and is a government of Abu Dhabi undertaking. The bank was founded in 2008, and currently, has over 25 branches and a network of more than 100 ATMs across the UAE. According to the bank, the Al Hilal bank works with a mission, “To contribute to the national growth and prosperity of the UAE whilst raising the positive profile of Islamic banking globally, in turn, creating value for all stakeholders.”

Corporate Values of the Al Hilal Bank:

  • Principled: Doing what is right is always the right thing to do. The Performance with consistency.
  • Professional: Providing answers to questions, attending quickly and efficiently to requests and solving problems on the spot.
  • Progressive: Making banking simpler, easier and faster for you.
  • Partnership: A bank that values you, for being you. A bank that helps you make things happen.

   Get in touch with Al Hilal Customer Care

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