Home Finance from Mashreq Al Islami is based on the concept of Ijara (lease-based financing). Under the Ijara agreement Mashreq Al Islami will buy the property and lease it to you for your use.
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Home Finance from Mashreq Al Islami is based on the Islamic concept of Ijara (lease-based financing). It is vetted by the Sharia'h Supervisory Board and is transparent with no hidden charges.
UAE nationals and expatriates can apply and it is not necessary to be Muslim to apply.
25 years.
You are required to open a Current Account with Mashreq Al Islami. Your monthly payments will be recovered from this account.
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