mawarid-finance Bank
Values:
By following Sharia's principles, Mawarid always want to offer services to the custmomers with innovation as its main rule.
Services:
Services provided by Mawarid Finance include
  • Business banking that includes Non funded services, Business deposits etc.,
  • Personal banking that includes that includes Auto finance, Personal finance etc.,
  • Credit cards that include Falak Tayyeb credit cards, Easy payment plan etc.,

Mawarid Finance

CEO:
Chairman:
Vice Chairman:
  • Mawarid finance was founded in 2006 with its headquarters in Dubai,UAE.
  • It's a Private Joint Stock company which follows Shari'a Islamic principles.
  • The primary goal of this company is to aim at the ecnomical development of UAE.

Personal Loan Provided by Mawarid Finance

Personal finance

minimum salary

Minimum Salary

10K

flat rate

Flat Rate

8%

reducing rate

Reducing Rate

14.64%

loan amount

Loan Amount

100K

early settlement fee

Early Settlement Fee

0

arrangement fee

Arrangement Fee

1%

minimum salary

10K

Minimum Salary

flat rate

8%

Flat Rate

reducing rate

14.64%

Reducing Rate

loan amount

100K

Loan Amount

early settlement fee

0

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Get finance amount within three working days
  • The loan is provided for a interest rate of 14.64%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 14.64% and 8%. This denotes that the computation done was a division of the reduction rate by 1.83
  • It is not mandatory to transfer your salary
  • Finance up to AED 100,000
  • Early settlement fee is AED 0
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 100,000 loan amount
    Documentation is simple and easy
    There is low salary requirement and long repayment period along with this scheme
    There is no early settlement fee