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 periodWith a salary transfer to a FAB Islamic savings account and a credit card*Without a salary transfer to a FAB Islamic savings account**
One year3.99%5.24%
Three years4.24%5.24%
Five years4.49%5.24%

Other great benefits include: 

  • More flexibility with our variable profit rates: One-year variable profit rate from 0.55% per year + 3 months EIBOR for the first year and 1.5% per year + 3 months EIBOR from the second year onwards 
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee
  • Up to AED 10,000 in FAB Islamic Rewards when you transfer your salary to a FAB Islamic Savings Account and obtain FAB Islamic Credit Cards (1 AED = 250 FAB Islamic Rewards)
  • Exclusive deals on processing fees and discounted valuation fees on properties with major developers

Own your dream home today with FAB Islamic Home Finance. 

Terms and conditions apply.
*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.

Click here to view all the Islamic banking fees and chargesSample ScheduleThe Shariah rulings (‘Fatwa’) issued by FABISSC for Islamic Real Estate Finance (Ijarah – completed 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 (Forward Ijarah – under construction 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)
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