Check Eligibility for Sharjah Islamic
Car Loan

You are eligible to apply for a Sharjah Islamic
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 6000 required to apply for a Sharjah Islamic Car Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Sharjah Islamic Car Loan Calculator

Car Loan Provided By Sharjah Islamic

Check Eligibility for Sharjah Islamic Car Loan

You are eligible to apply for a Sharjah Islamic
Car Loan .

You may not be eligible * to apply.

* Minimum salary AED 6000 required to apply for a Sharjah Islamic Car Loan .

Click here to check loans from other banks.

Sharjah Islamic Car Loan Calculator

Features of Sharjah Islamic Car Loan

  • Available for new as well as used cars
  • Long and flexible repayment tenures
  • Takaful Islamic insurance available
  • Competitive profit rates
  • Hassle free approvals and procedures
  • High Loan Amounts

Documents Required of Sharjah Islamic Car Loan

  • Valid Emirates ID (For UAE Nationals)
  • Residential Visa with valid passport (For Expatriates)
  • Valid UAE driving license
  • Salary certificate (For salaried)
  • Trade License / Memorandum of Association (For Self-Employed)
  • Active bank account statements
  • Quotation from the Seller
  • Approval certificate from any relevant govt. approved agency

Note: More documentation may be required to be done. Approvals are solely at the discretion of Sharjah Islamic Bank.

Sharjah Islamic Car Loan Profit Rates

sharjah-islamic-bank Bank

2 Car Loans Provided By Sharjah Islamic

New Car Finance

Minimum Salary

AED 6K

Flat Rate

2.79%

Reducing Rate

5.06%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 6K

Minimum Salary

2.79%

Flat Rate

5.06%

Reducing Rate

AED 500K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

Used Car Finance

Minimum Salary

AED 6K

Flat Rate

3.89%

Reducing Rate

7.06%

Loan Amount

AED 500K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

AED 6K

Minimum Salary

3.89%

Flat Rate

7.06%

Reducing Rate

AED 500K

Loan Amount

1%

Early Settlement Fee

1%

Arrangement Fee

20%

Down Payment

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