ADIB – New Car Finance – Murabaha 2024 Features

Minimum Salary

AED 5,000

Monthly Payment

AED 1,756

Flat Rate


Down Payment


Salary Transfer


Early Settlement Fees


Maximum Term

5 Years

Reducing Rate



  • Up to 60 months Repayment period
  • The rate for finance is 2.59 % interest
  • AED 5,000 Minimum salary requirement
  • 4.7% and 2.59% reducing the rate and the flat rate. Division of the reduction rate by 1.814
  • No salary transfer is required
  • AED 1,000,000 Maximum loan amount that ADCB bank can provide
  • 1% Early settlement fee of the finance amount
  • AED 1000 Processing fee
  • A down payment 20% is required for this finance


  • Generous Financing and Low Salary Requirement: The financing offers a substantial amount with a minimal salary requirement.
  • Sharia-Compliant Financing: The provided financing adheres to Sharia principles, ensuring compliance with Islamic financial standards.
  • Extended Repayment Duration: Enjoy a prolonged repayment period, providing flexibility in managing your loan obligations.
  • Convenient One-Signature Application: Experience ease with a streamlined application process requiring just one signature.
  • Competitive Rates Starting at 2.59% for New Cars: Benefit from highly competitive interest rates, starting as low as 2.59% for new car purchases.
  • Swift Approval Process: Expect a quick approval turnaround, facilitating a seamless and efficient financing experience.
  • Straightforward Documentation: Simplify the paperwork with a straightforward documentation process, making the application hassle-free.
  • Up to 80% Financing of Car Price: Finance up to 80% of the total car price, providing substantial support for your vehicle purchase.
  • Complimentary ADIB Visa Cashback Card for the First Year: Enjoy the added perk of a free ADIB Visa Cashback Card for the initial year of your financing.
  • No Mandatory Salary Transfer: Unlike some financing options, there is no requirement for a mandatory salary transfer.
  • Reduced Contribution Amount from Abu Dhabi National Takaful: Vehicles covered by Abu Dhabi National Takaful benefit from a lower contribution amount, enhancing affordability and financial flexibility.

Required Documents:

  • Original and copy of valid passport (with valid residence visa for expatriates)
  • Original and copy of valid Emirates ID
  • Bank account statement (last 3 months)
Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank-Islamic
Abu Dhabi Islamic Bank
Ajman Bank
Arab Bank
Commercial Bank International
Commercial Bank of Dubai
Dubai Islamic Bank
Emirates Islamic
Emirates NBD
Finance House
First Abu Dhabi Bank
National Bank of Fujairah
National Bank of Umm Al Qaiwain
Noor Bank
Sharjah Islamic Bank
Standard Chartered Bank
United Arab Bank
simplylife from ADCB


As a leading Islamic bank, ADIB is committed to offering Sharia-compliant solutions that align with ethical and moral standards. The bank's core values revolve around transparency, innovation, and customer satisfaction, making it a trusted choice for those seeking Islamic banking services. ADIB's product portfolio includes various Islamic financial solutions, such as savings accounts, current accounts, home finance, auto finance, personal finance, and business banking services. The bank places a strong emphasis on providing financial products that cater to the diverse needs of its customers while ensuring compliance with Islamic principles.

If you're in the market for a car loan, you're in the right spot. We offer an extensive selection of over 40 diverse car loan options for you to consider. We've carefully assessed criteria such as minimum salary requirements, monthly repayment plans, and the flat rate percentage.