Personal Finance for Expatriates

At Mashreq Al Islami, we understand the importance of the decisions you make and their financial implications. Which is why we offer you Personal Finance that helps take the load off your shoulder. With our Sharia'h compliant solutions, we make it easier for you to attain your goals and fulfill your dreams.

Our Personal Finance for Emiratis offer high finance limits at attractive profit rates, and cater to the financial needs of a wide range of UAE professionals at convenient repayment options


  • High Finance amount
  • Comfortable repayment tenor
  • Competitive fixed profit rate
  • Quick and easy processing


  • Minimum monthly Salary Requirement starting from AED 7,000 for Approved Companies & AED 10,000 for Unapproved Companies for Expatriate and AED 10,000 for Emiratis.
  • Valid Passport Copy with Valid residence visa for Expatriates
  • Valid Emirates ID
  • Salary Transfer Letter from employer as per Mashreq format or Salary certificate for Govt/semi govt
  • Latest 3 months Bank Statement with salary credits

How It Works

Mashreq Al Islami Personal finance is a Sharia'h Compliant Islamic lending and is based on the Islamic principle of Tawarruq. Tawarruq is a financial transaction in which a customer purchases a commodity from a seller/bank on a deferred payment basis, and then sells the same commodity to a third party on a spot payment basis.

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


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