Top 10 Personal Loans
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Mawarid Finance Personal finance
- 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
- 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
Frequently Asked Questions
⭐ In how many days do we get our finance amount?
A. You can get your finance amount within 3 working days.
⭐ What is business installment loan in Mawarid?
A. Business Installment loan is an unsecured loan which is only provided to self-employed individuals and entity.
⭐ Is there any early settlement fee for personal loan in Mawarid?
A. No, there is no early settlement fee for personal loan in Mawarid.
⭐ How are the rates decided for Mawarid personal loan?
A. The profit rates are decided depending on customer income and employer profile.
⭐ What if I want to update my mailing address in the application form?
A. You can contact Mawarid's customer care on 8006292743 or can visit nearest branch.
Mawarid Finance is a finance corporation which follows sharia-compliant laws. It was started in 2006 with a perception of providing services with Islamic principles such as Musharaka, Wakala, Istisna, Murabaha, Ijarah, Mudharabah, and Kafalah. And all these are lead by a complete Sharia board. It is the only independent finance company in UAE. It has a tagline “Falak Tayyeb” which dubs as “Consider it one,” representing it provides quick and customised services to its customers.
One of its aims is to provide support to SMEs (Small and Medium Enterprises) where 85% of companies in UAE come under this category.
Get in touch with Mawarid Finance Customer Care