mawarid-finance Bank

Mawarid Finance Bank

Last Updated on 19 November 2019
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About the Bank

Mawarid Finance was established in 2006 in Dubai, United Arab Emirates. It is an Islamic Finance & Investments group licensed by the UAE Central Bank. It has also been focusing on supporting & developing the national economy through the provision of Islamic financial products & services for small, medium enterprises & enabling them for the country's economic growth.

Banking Products & Services

Mawarid Finance Bank offers a wide range of services & products that help customers in managing their wealth.


Products of Marwarid Finance Bank

Islamic Finance Products

Working Capital Finance

Goods finance

Auto Murabaha - SME

Commodity Murabaha Finance

Foloosi

Ojoor - WPS Management

Ojoor - Payroll Cards

National Bonds Finance

Business Deposits

Wakalah Deposit

Mudharabah Deposit

Current Account


Personal Finance

Auto Finance (Murabaha)

Finance Against National Bonds

Personal Finance


Cards

Falak Tayyeb Credit Cards

Souhoula Credit Card

Falak Tayyeb Savers

Falak Tayyeb Loyalty

Falak Tayyeb World Credit Card

Falak Tayyeb Platinum Credit Card

Falak Tayyeb Titanium Credit Card


Popular Products & Services

Mawarid Finance provides various financial services & products across the UAE. It’s flagship products are Credit Cards, Loans, Business Deposits, Islamic Finance Products. Here’s the list of popular products of Mawarid finance -

 

Credit Cards:

Mawarid Finance offers those credit cards that suit its customer needs. There are different types of credit cards available with a salary range from AED 15K. like - Mawarid Finance Falak Tayyeb Platinum Murabaha Mastercard. Visit Mawarid Finance Credit Card page for more details.


Loans & Mortgages:

This institute offers Personal Loan for expatriates and UAE nationals. You can calculate its EMI using Loan Calculator. It provides loans on AED 10,000 minimum salary.

Credit Card Offers

It also provides various discounts & deals on its credit cards. To avail the benefits and discounts on credit cards. Visit Mawarid Finance Credit Card Offers page for more details.

Achievements / Awards


Year

Award Name

Award By

2014

The 'Best Islamic Finance Institution

Global Banking & Finance Review forum

2010

Emirates Social Award

Ministry of Social Affairs

2009

The Bizz Awards

The World Confederation of Businesses

2008

Best Home Finance Provider 

The Islamic Business and Finance Magazine from CPI Financial

Customer Support

24/7 customer support is provided to its customers. The bank can be contacted at +971 43040888 and info@mawarid.ae. Visit Mawarid Finance Customer Care Service Contact for more details.

CEO: Mohamed Ali Abdullah S. Musabbeh Al Nuaimi

Chairman: Omran Sultan Abdullah Al Owais

Vice Chairman: Abdul Aziz Mohammed Abdullah Al Bannai

Founded Year: 2006

Head Quarters: Dubai, UAE

Total Assets: AED 1.45 Million

Website: www.mawarid.ae

Personal Loan Personal Loan
Credit Card Credit Card

Personal Loan Provided by Mawarid Finance

Personal finance

Flat Rate

8%

Minimum Salary

10K

Reducing Rate

14.64%

Max Loan Amount

100K

Early Settlement Fee

0

Arrangement Fee

1%

10K

Minimum Salary

8%

Flat Rate

14.64%

Reducing Rate

100K

Max Loan Amount

0

Early Settlement Fee

1%

Arrangement Fee

Frequently Asked Questions

Q. Do I get lounge access with Mawarid Falak Tayyeb credit cards?

A. Yes. You can get complimentary accesss to the airport lounges worldwide, depending upon the card.

Q. Are there any yearly charges for Mawarid Falak Tayyeb credit cards?

A. No, there are no any yearly charges on Mawarid Falak Tayyeb credit cards.

Q. Can I lock my credit card through Mawarid Mobile app?

A. Yes, one can lock their credit card through the Mawarid Mobile app.