New to UAE or Employer

Support to help you settle faster

Finance disbursal within 24 hrs

Up to AED 150,000

Finance amount

Competitive profit rates

Easier payments

Up to 48 months

Convenient tenure

A Personal Finance that helps you settle down

If you’ve recently moved to the UAE or have just changed employer, we can help you to settle. Meet your immediate financial needs with a Personal Finance at competitive rates.

What is Murabaha?

Murabaha is a sales contract of a tangible asset for a profit mark-up over and above the cot of the asset and an agreed mode of payment. In Murabaha the seller must reveal the cost to the buyer. The Bank buys an item and sells it to the customer on a deferred basis. The price includes a profit margin agreed by both parties.
Apply Easily
Simple documentation and quick processing.
Guaranteed Joining Bonus
Discover our Happiness Account which offers a guaranteed joining bonus and a host of other benefits.
Flexible Tenure
Tenure of up to 48 months (60 months for Ministry of Defence employees).
Additional Benefits
Enjoy exciting bundled offers available with extra benefits.


Minimum monthly salary
AED 5,000 (approved companies) & AED 10,000 (unapproved companies).
Company approval status
Not mandatory to be employed by an approved company for eligibility.
Employment term
Minimum 6 months length of service or 'confirmed' with current employer
Other requirements
Debt to Income Ratio should not exceed 50% of the monthly salary.

You will need

Copy of valid passport and residence visa
Original Emirates ID
Last 3 months bank statements with salary credits

Are you ready to apply?

Still got questions?

If you have recently moved to the UAE or you have just changed your employer; Mashreq helps you to settle and meet your immediate finance needs with Personal Finance within 24 hours at competitive rates and with a flexible payment period.
EMI (Equated Monthly Installment) is calculated based on the total amount of your finance, the payment tenure, first due date and the annual reducing profit rate.
The features and benefits include: Finance amounts of up to AED 150,000 Competitive profit rate Comfortable tenure of up to 48 months Exciting bundled offers available with extra benefits Simple documentation and quick processing
1. A minimum monthly salary requirement starting from AED 5,000 for approved companies & AED 10,000 for unapproved companies. 2. Employer need not to be part of the approved list of companies with Mashreq 3.The finance installment along with the overall regular monthly installments should not exceed 50% of the monthly salary Terms & Conditions apply

1. Valid passport copy with valid residence visa for Expatriates

2. Valid Emirates ID Salary Transfer Letter from employer as per Mashreq format or salary certificate for Government / semi Government

3.Latest 3 month's Bank statement with salary credit

Terms & Conditions apply

You can use proceeds of the finance for all your planned and unexpected needs: For example:

1. Consolidate debts, such as combining multiple credit cards or other debts into one finance

2. Plan a vacation with family / friends

3.Renovate your home

4. Plan that grand wedding

5. Fund self / child’s education needs

6. Attend to medical needs

7. Invest in lucrative opportunities

9.Interim needs

10. Property purchase in your Home Country / Overseas*

* As per the UAE Central Bank Guidelines, if a customer is using home finance in the UAE, for a UAE property, the customer cannot use Personal Finance to fund the down payment of the property purchase.

Yes, to get Personal Finance, you need to transfer your salary to Mashreq.
No, you don't need to keep any asset as a security against your finance.
If your length of service with your current employer is less than 6 months or you have recently moved to the UAE, we have a separate programme for customers who are new to the UAE or new to an employer. y
The upfront costs related to a Personal Finance are processing fee, insurance fee and trade fee as per schedule of charges.

Simply download the Mashreq Mobile App to apply

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