Dreams to reality. Delay no more.

It is a sales contract of a tangible asset for a profit mark-up. 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.

At Mashreq Al Islami we offer finance options for expatriates and UAE nationals. Select from our comprehensive offering.

You can use a Mashreq Al Islami Personal Finance for all your needs whether its planned or unexpected. For example: • Enjoy a vacation with family / friends • Give a new look to your home • Host your dream wedding • Pay for your or your child’s education • Clear your emergency medical bills • Invest in lucrative opportunities • Interim needs • Property purchase in your Home Country / Overseas* * As per the UAE Central Bank Guidelines, if you are financing your new home with a home Finance in the UAE, you aren’t entitled to avail a personal Finance to fund the down payment of the property purchase

Yes, salary transfer is a requisite for availing a personal finance from Mashreq.

• Minimum salary of AED 5,000 for approved companies and AED 10,000 for unapproved companies. • Finance instalment along with overall regular monthly instalments should not exceed 50% of your monthly salary. Terms and conditions apply.

If the length of your service with the current employer is less than 6 months or if you have recently moved to the UAE, you can avail ‘New to UAE’ or ‘New to employer’ finance from Mashreq Al Islami.

Mashreq Al Islami offers Personal Finances of up to 20 times your salary & maximum of up to AED 1 million.

The fees related to a personal finance are processing fees.

Minimum tenure for a Mashreq Al Islami Personal Finance is 6 months and the maximum tenure is 48 months. For employees of the Ministry of Defense the maximum tenure is up to 60 months.

Our profit rates are market competitive, which is fixed for the complete tenure of financing. To find out more about this, please get in touch with our bank representative.

The proceeds of your Mashreq Al Islami Personal Finance will be credited to your Mashreq Al Islami account. In certain buy-out or debt consolidation cases, as per your instructions, the payment will be made to another bank / financial institution.

• You will get a zero-balance current account for personal finances greater than or equal to AED 25,000 along with debit card and cheque book facility. • You will have access to a wide ATM and Branch network. • You will have access to award winning Online and Mobile Banking services. • You can avail instalment deferment/postponement option.