Dubai Islamic Business Finance Loan - SAY JOB CITY

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Tuesday, November 17, 2020

Dubai Islamic Business Finance Loan

 Dubai Islamic Business Finance Loan

Dubai Islamic Business Finance is a Shari’a compliant term finance facility which provides a complete solution for fulfilling the financial needs of your business. Using the Shirkatul Melk cum Ijara model, DIBPL enters into a Shirkatul Melk relationship with you by purchasing an undivided share of your residential property and subsequently leases to you this undivided share in the property against monthly rentals thus helping you in fulfilling your business needs conveniently and in a fully Shari’a compliant manner. This product is available for new as well as those who already have a business finance facility from another bank and wish to bank the Islamic Way!

Dubai Islamic Business Finance offers two product variants:

Purchase of undivded share (New to Bank / Fresh)
Purchase of undivided share of property from other banks (Balance Transfer)

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Why is Dubai Islamic Business Finance the Best Choice
There are so many reasons that make Dubai Islamic Business Finance the right choice!

The only product of its kind available in the market
Shari’a Compliant
Minimum financing amount of Rs. 500,000
Maximum financing of up to Rs. 20 million*
Swift application processing time
Affordable and competitive monthly rental
Financing up to 70% of your property value
Early & Partial settlement options*
Tenor rescheduling option*
Complimentary Property Takaful
*Terms & conditions Apply


Customer Eligibility Criteria
Pakistani National
Age 25-60 years
Minimum monthly net income of Rs.50,000 for Self-employed/ Businessmen/Professionals
Property Eligibility Criteria
The qualifying property must be located in the following Cities of Pakistan:


The minimum value of the property must be greater than Rs.2,000,000

Documents Required
Copy of primary applicant’s CNIC
Copy of Co-partner’s CNIC, if necessary
2 Passport Size Photographs
Tax Returns
Copy of Utility Bill
Professional Degree (for self-employed professionals only)
Proof of Profession
Bank statement of the last 12 months & Bank Certificate



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