FAB
Islamic Personal Finance for Expats

• Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
• Bank statements for the last three months showing salary credits (if salary is not credited to a FAB account)
• Salary transfer letter/salary certificate addressed to FAB
• Liability letter or a clearance letter (in case of liability settlement)
• Murabaha request form completed and signed by customer

Note: Additional documents may be required on a case-by-case basis

• Employed in a governmental, semi-governmental or reputable private organisation
• Applicant must be 21 years of age or above
• A minimum salary of AED 7,000

- With Multi Product Pacakage (with a salary transfer to a FAB Islamic savings account and Islamic credit card):

• 2.87%* (equivalent to a reducing rate of 5.44%*) per year

- With a salary transfer to a FAB Islamic savings account without an Islamic credit card:

• 3.85%* (equivalent to a reducing rate of 7.2%*) per year

*This offer may be withdrawn or amended at any time at the bank’s discretion.

- Maximum loan amount up to AED 2,000,000

- 120 days grace period before 1st repayment