Personal Finance For Emiratis - Long Term and Debt Consolidation

Are you finding yourself in a difficult financial situation and trying to manage multiple payments to various creditors?

Mashreq Al Islami could help you with long term finance together with debt consolidation, and you could benefit from having just one channel to manage regular payment.

Our long term finance program can help you to reduce your current profit rate & tenure, the debt consolidation program can help you to get out of debts sooner. By combining all your debts into one personal finance, you can save on profit payments.

Features & Benefits

  • Lower monthly payments
  • Increased disposable income
  • Reduced profit payments over lifecycle
  • Higher Finance amount up to AED 5 Million
  • Long-term Finance tenor “Lower than active remaining tenor” and Debt consolidation tenor up to 48 months (for Armed Forces employees up to 60 months)
  • Deferred payment period of up to 120 days


  • Valid Passport Copy
  • Valid Emirates ID
  • Salary Transfer Letter from employer as per Mashreq format or Salary certificate for Government / Semi-Government
  • Latest 3 months Bank Statement with salary credits / UAEFTS customer’s consent for bank statement
To apply SMS ‘UAEN’ to 4250

Takaful Terms & Conditions
Schedule Of Charges
Personal Finance Terms & Conditions


The insurance feature of Takaful Credit Shield, (“Product”) is being provided by Islamic Arab Insurance Company (“Salama”) pursuant to terms and conditions of the Takaful Policy (“Takaful Policy”) found on this page. It must be noted that the Takaful policy relating to this Product may be amended by Salama from time to time. The customer understands and acknowledges that any amendment or modification to the Takaful Policy will be updated on this page without further notice to the customer. The customer hereby confirms that it shall be its duty to be informed of the contents of the Takaful Policy (including any amendments thereof) at all times by visiting this page.
For all intents and purposes, nothing contained on this page or Mashreqbank’s website and/or the Takaful Policy shall be deemed to create an agency, joint venture, amalgamation, partnership between Mashreqbank psc and Salama. Salama shall be solely responsible for any and all claims by the customer under the Takaful Policy and payout of any claims to the customer shall at all times be subject to the terms of the Takaful Policy provided by Salama, over which Mashreq exercise no control whatsoever

*Terms and conditions apply.