|Minimum Salary||Salary Transfer||Islamic Finance||Maximum Term||Flat Rate||Reducing Rate|
|FAB - Islamic Home Finance||Minimum Salary: AED 15,000||Salary Transfer: Yes||Early Settlement Fees: Yes||Maximum Term: 25 Years||Flat Rate: -||Reducing Rate: 0.49%|
Islamic Home Finance
Enjoy our best Islamic Home Finance profit rate ever
Own your dream home with a FAB Islamic Home Finance starting from 3-month EIBOR + 0.49%* only for the first year.
Your new beginnings are here with exclusive options on a FAB Islamic Home Financing facility.
Enjoy our best Home Finance profit rate ever with a variable rate starting from 3-month EIBOR + 0.49%* for the first year then 3-month EIBOR + 1.20%* per year from the second year onward. We want to make moving into your new home affordable and stress-free.
Looking for a fixed profit rate instead? FAB Islamic has got you covered! We offer fixed rates** starting from 4.79% per year:
- 2-year fixed profit rate from 4.79%
- 3-year fixed profit rate from 4.89%
- 5-year fixed profit rate from 4.99%
- 10- year fixed profit rate from 5.25%
Our Islamic Home Finance benefits include:
- Profit rates starting from 3-month EIBOR + 0.49%* for the first year then 3-month EIBOR + 1.20%* per year from the second year onwards.
- Fixed profit rate options for up to 10 years
- Up to 85% financing for first-time buyers
- No approval-in-principle fee
Own your dream home today with FAB Islamic Home Finance.
Terms and conditions apply.
*This is a variable profit rate offer based on a 3-month EIBOR plus a margin rate of 0.49% for the first year then a 3-month EIBOR plus a margin rate of 1.20% per year from the second year onward for customers with a salary transfer to a FAB account who are investing in a home to live in. Rates for investment or non-salary transfer are based on a three-month EIBOR plus a margin rate of 0.74% for one year then a three-month EIBOR plus a 1.74% per year from the second year onward.
**Fixed profit rates mentioned here depend on a monthly salary transfer of over AED 50,000 per month to a FAB current account.