Al Islami Home Finance - Eligibility

Salaried:

  • Minimum age: 21 years
  • Maximum age: 65/70 years (Resident Expatriate/UAE National)
  • Salary: AED 15,000/AED 10,000 (Resident Expatriate/UAE National)
  • Finance Amount: AED 250,000 (minimum) and AED 10,000,000 (maximum)
  • Finance to value for Residents 90% (unless otherwise specified)

Self-Employed:

  • Minimum age: 21 years
  • Maximum age: 65/70 years (Resident Expatriate/UAE National)
  • Minimum length of business: 2 years
  • Finance Amount: AED 250,000 (minimum) and AED 10,000,000 (maximum)
  • Finance to value for Residents 75% (unless otherwise specified)

Documentation:

  • 6-months bank statement
  • Salary letter (In case of non-salary transfer customer)
  • Valid passport/Khulasat al Khaid Copy/Valid visa
  • Relevant property papers
  • Evaluation from approved evaluators
  • Copy of Trade License (Self-employed)
  • Audited financial statements (Self-employed)
  • Notorised POA (where applicable for Self-employed)
  • Memorandum and Articles of Association (Self-employed)

For more information, you can get in touch with us at:

  • Our Home Finance Sales and Service Centre at Oudh Metha Branch
  • For a visit from our Home Finance Advisors, please call +971 4 6092222