Warning
- If you do not keep up with your payments, you will be committed to pay a donation amount based on the bank’s request (if any) and legal action may be taken if you fail to respond to any reminder notices issued
- Your property may be foreclosed upon, and you will have to bear all related costs. You will also be responsible for settling any shortfall after your property is sold
- Any legal action against you may affect your credit rating, which may limit your ability to access financing and make it more difficult or more expensive to access financing in the future
- You may have to pay applicable early settlement charges if you settle the full financing early
Own your own home with FAB Islamic’s range of home finance options and fixed profit rates starting from 3.99% per year.
Enjoy a range of great profit rates on FAB Islamic Home Finance with fixed and variable profit rate options, low down payments, high finance amounts and low fees. Our home finance advisers will be with you every step of the way to advise on the best home finance for you, and you’ll get great benefits including your choice of a FAB Islamic credit card.
Enjoy our fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card:
| Fixed profit rate period | With a salary transfer to a FAB Islamic savings account and a credit card* | Without a salary transfer to a FAB Islamic savings account** |
|---|---|---|
| One year | 3.99% | 5.24% |
| Three years | 4.24% | 5.24% |
| Five years | 4.49% | 5.24% |
Other great benefits include:
*The subsequent profit rate you’ll move to when your current deal ends is three month EIBOR + 1.5% profit margin for customers with a salary transfer to a FAB Islamic savings account and it will not fall below a specified rate of 1.99% over an agreed period of time.
**The subsequent profit rate you’ll move to when your current deal ends is three month EIBOR + 1.89% profit margin for non-salary transfer customers and it will not fall below a specified rate of 1.99% over an agreed period of time.
Find out more about our Fees, Terms & Conditions
Islamic banking fees and charges
Sample Schedule
The Shariah rulings ('Fatwa') issued by FAB ISSC for Islamic Real Estate Finance (Ijarah – completed property)
The Shariah rulings ('Fatwa') issued by FAB ISSC for Islamic Real Estate Finance (Forward Ijarah – under construction property)
The Shariah rulings ('Fatwa') issued by FAB ISSC for Islamic Real Estate Ijara Finance – MBRHE Scheme (Ijarah – completed property)
The Shariah rulings ('Fatwa') issued by FAB ISSC for Islamic Real Estate Finance – MBRHE Scheme (Forward Ijarah – under construction property)
Key Fact Statement for Islamic Real Estate Finance (Ijarah – completed property)
Key Fact Statement for Islamic Real Estate Finance (Forward Ijarah – Under construction property)
Key Fact Statement for Islamic Real Estate Ijara Finance – MBRHE Scheme (Ijarah – completed property)
TALK TO US
You can contact us with the contact below
We are currently experiencing higher call volumes than usual. We encourage you to use the FAB Mobile application and check our Frequently Asked Questions (FAQs) page.
View our Branches & ATMs| FAB Islamic | Email Us | ||
|---|---|---|---|
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800 2200 Lines Open 24/7 |
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islamiccustomercare@bankfab.com |
| International | |
|---|---|
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+971 2 499 6299 |