Check Eligibility for Emirates Islamic
Business Loan

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

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1500000 required to apply for a Emirates Islamic Business Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Emirates Islamic Business Loan Calculator

Business Loan Provided By Emirates Islamic

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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Check Eligibility for Emirates Islamic Business Loan

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

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1500000 required to apply for a Emirates Islamic Business Loan .

Click here to check loans from other banks.

Emirates Islamic Business Loan Calculator

Features of Emirates Islamic Business Loan

  • Shari’a compliant financing
  • High Finance Amounts
  • Dedicated Relationship Manager
  • Long repayment tenures (Up to 48 months)
  • Special rates on foreign exchange
  • Quick Approvals & simple documentation
  • Business banking online

Eligibility Criteria of Emirates Islamic Business Loan

  • Any company registered in UAE
    (Must be in a business acceptable in Islam)
  • Minimum annual turnover: AED 1.5 million
  • Minimum Time in business: 1 year
  • Must have minimum five employees

Documents Required of Emirates 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 for more documentation if necessary. Contact nearest branch for more details.

Emirates Islamic Business Loan Profit Rates

Emirates Islamic Bank

2 Emirates Islamic Bank Business Loans

Business Finance

Flat Rate

8%

Reducing Rate

14.51%

Min Finance Amount

AED 500K

Max Finance Amount

AED 20000K

Early Settlement Fee

5%

Min Annual Turnover

AED 1500K

Tenure

48 Years

Approval Time

10 Days

Processing Fee

1.5%

flat rate

8%

Flat Rate

reducing rate

14.51%

Reducing Rate

minimum amount

AED 500K

Min Finance Amount

maximum amount

AED 20000K

Max Finance Amount

early settlement fee

5%

Early Settlement Fee

annual turnover

AED 1500K

Min Annual Turnover

tenure

48 Years

Tenure

approval time

10 Days

Approval Time

processing fee

1.5%

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
Apply Now

Features

  • The reduction rate and the flat rate is 14.51% and 8%. This denotes that the computation done was a division of the reduction rate by 1.813
  • Provides maximum finance amount of up to AED 20,000,000
  • Early settlement fee is 5% of the finance amount
  • Processing fee is 1.5% of the loan amount
  • Repayment period is up to 48 months
  • Provides minimum finance amount of up to AED 500,000
  • 1 years minimum length of business is required for UAE Nationals and 2 years for Expats to qualify for this finance
  • Minimum annual sales turnover of AED 1,500,000 is needed to apply for this finance
  • You need not have a bank account with Emirates Islamic bank to apply for this finance
  • After successful submission of documents, within next 10 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
Apply Now
View Details

View details on bank page

Commercial Consumer Finance

Flat Rate

11%

Reducing Rate

19.95%

Min Finance Amount

AED 50K

Max Finance Amount

AED 500K

Early Settlement Fee

5%

Min Annual Turnover

AED 1500K

Tenure

48 Years

Approval Time

10 Days

Processing Fee

1.5%

flat rate

11%

Flat Rate

reducing rate

19.95%

Reducing Rate

minimum amount

AED 50K

Min Finance Amount

maximum amount

AED 500K

Max Finance Amount

early settlement fee

5%

Early Settlement Fee

annual turnover

AED 1500K

Min Annual Turnover

tenure

48 Years

Tenure

approval time

10 Days

Approval Time

processing fee

1.5%

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
Apply Now

Features

  • The reduction rate and the flat rate is 19.95% and 11%. This denotes that the computation done was a division of the reduction rate by 1.813
  • Provides maximum finance amount of up to AED 500,000
  • Early settlement fee is 5% of the finance amount
  • Processing fee is 1.5% 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 for UAE Nationals and 2 years for Expats to qualify for this finance
  • Minimum annual sales turnover of AED 1,500,000 is needed to apply for this finance
  • You need not have a bank account with Emirates Islamic bank to apply for this finance
  • After successful submission of documents, within next 10 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
Apply Now
View Details

View details on bank page

About Emirates Islamic

In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.

   Get in touch with Emirates Islamic Bank Customer Care

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