Dubai Islamic Bank-Al Islami Car Finance 2024 New Features

Minimum Salary

AED 3,000

Monthly Payment

AED 1,748

Flat Rate


Down Payment

20 %

Salary Transfer


Early Settlement Fees


Maximum Term

5 Years

Reducing Rate


Features & Advantages:

Streamlined Financing:

Enjoy the convenience of financing with a minimal salary requirement of AED 3,000, and no mandatory salary transfer.

Convenient Access:

Experience easy access to our services through branches, along with the support of Al Islami Auto Finance Staff.

Straightforward Documentation:

Benefit from a hassle-free application process with simple documentation requirements.

Comprehensive Auto Finance ILOE Takaful:

Avail yourself of the Auto Finance ILOE Takaful product which provides coverage up to AED 30,000*.

Minimum Salary Threshold:

Applicants with a minimum monthly salary of AED 8,000 are eligible. Customer Loyalty Recognition: Receive preferential treatment if you’ve been with the same employer for at least 180 days.

ILOE Coverage Duration:

Enjoy coverage under the ILOE plan for 36 months of your tenure.

Applicability to Salaried Customers:

This offer is valid for banking and non-banking customers.

Documentary Requirements

  1. 3 months of bank statements
  2. Salary certificate/slip
  3. Passport/Khulasat al Khaid copy
  4. Valid Visa (for expatriate customers)
  5. Emirates ID card
  6. Dealer evaluation of the intended vehicle purchase.

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
Dubai Islamic Bank - Al Islami Car Finance 2023/2024 Features

Dubai Islamic Bank

Dubai Islamic Bank (DIB), established in 1975, stands as a pioneering institution and the world's first Islamic bank. Operating in adherence to Islamic Sharia principles, DIB has played a pivotal role in shaping the landscape of Islamic finance. Offering a diverse range of financial services, including retail, corporate, private, and investment banking, DIB has been at the forefront of introducing innovative and Sharia-compliant products. With a global presence, the bank has expanded its operations beyond the United Arab Emirates, solidifying its position as a key player in the international Islamic banking sector. DIB is recognized not only for its financial offerings but also for its commitment to customer service, leveraging modern technology and contributing to social development through various corporate social responsibility initiatives.

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.