Dubai islamic bank auto finance

Whether it’s a new or used car, drive away with peace of mind with Al Islami Auto Finance. Apply now for a finance that meets your needs. Using Musharaka cum Ijara model to finance your car , steer yourself towards peace of mind and fulfillment of your desire.

Drive your dream car today with a little help from Al Islami Auto Finance. This plans covers all your needs, whether the vehicle you wish to purchase is used or new, for commercial or personal use. Visit your nearest DIB branch with the necessary documents and receive finance for up to of your vehicle value, as sale price and pay financial lease installments over a 60-month period (maximum).

Our Home Finance , Auto Finance and Personal Finance Calculator Tools allow you to input your information and receive an estimated installment plan so you can choose the right finance solution for you. Additional Benefits From agency repair and medical expenses coverage to roadside assistance and more, enjoy a host of privileges that accompany your Auto Takaful coverage plan. Personal finance decisions are best made when they're simple, stress-free and focussed on you. Enjoy quick and easy access to funds with simple documentation and high approval amounts.

From personal finances to credit cards and more, we meet all your financial needs. PDF Link for guidelines. In fact, every 3rd car on the road is financed by us.

With a range of financing plans and payment options, designed to suit a variety of individual needs, Al Islami Car Finance makes owning your dream car just a signature away. Emirates Islamic auto finance is available for a variety of Vehicle Brands, for New, Certified Pre-owned and used Vehicles.

Our auto finance has a fully Shari’a compliant Murabaha Structure. This is a Regular Murabaha product with subvention variant. You can finance Insurance, Accessories and VAT. You also get a free Emirates Islamic Current Account. It uses the Musharaka cum Ijara model to provide you with finance for your vehicle.

Key Features and Benefits. The Loan tenure ranges between and years. You should always speak to a trained professional before taking out any form of finance.

Implications of non-payment: If you fail to keep up with repayments on your finance , your bank may file a report with the UAE credit rating agency which may impact your ability to borrow from UAE banks in the future. Dubai Islamic bank car finance offer is based on the Musharka cum Ijarah model. DIB Al Islami Used Car Finance offers you finance on your Used Car on Souqalmal. Note:This calculator generates IBAN for DIBPAK accounts only.

This Tool converts the entered number into IBAN formatThe generation of correct IBAN is dependent on the branch code and input of your existing DIBPAK account number. If incorrect details are enterethe Calculator will provide incorrect IBAN. Karachi Interbank Offered Rate (KIBOR) which shall be revised after every six or twelve months from the date of contract booking depending upon your chosen renewal option. DIBPL is the first Islamic bank in Pakistan to offer a Shari’a compliant “Personal Finance ”facility based on the Islamic Finance concept of “Musawamah”.

The financing facility can be availed and utilized for financial needs such as education, marriage, medical expenses, credit card loans settlements, conventional loans settlements or.