FAB – Islamic Car Finance 2024 New Updates

Minimum Salary

AED 7,000

Monthly Payment

AED 1,748

Flat Rate


Down Payment

0 %

Salary Transfer


Early Settlement Fees


Maximum Term

48 Years

Reducing Rate


Features & Perks: Effortless Financing: Enjoy the convenience of financing with a modest salary requirement starting at AED 3,000, and no obligation for a salary transfer. Convenient Accessibility: Experience seamless access to our services through our branches, supported by the availability of Al Islami Auto Finance Staff. Simplified Documentation: Experience a smooth application process with straightforward documentation requirements. Comprehensive Auto Finance ILOE Takaful: Take advantage of our Auto Finance ILOE Takaful product, offering coverage up to AED 30,000*. Minimum Salary Threshold: Applicants with a minimum monthly salary of AED 8,000 are eligible for this financing option. Recognition of Customer Loyalty: Receive special recognition if you have maintained the same employer for at least 180 days. Duration of ILOE Coverage: Enjoy coverage under the ILOE plan for 36 months of your tenure. Applicability to Salaried Customers: This offer applies to banking and non-banking customers. Required Documents:

  1. Three months’ worth of bank statements
  2. Salary certificate/slip
  3. Copy of passport/Khulasat al Khaid
  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
New Features FAB - Car Finance For Expatriates 2023/2024


First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, stands as a financial powerhouse with a rich legacy of providing comprehensive banking solutions. Renowned for its innovation and customer-centric approach, FAB offers a diverse range of services, including retail, corporate, and investment banking, along with Islamic banking products. With a commitment to excellence, FAB leverages cutting-edge technology to enhance customer experiences and ensure seamless financial transactions. The bank's global presence, coupled with a strong emphasis on sustainability and corporate responsibility, positions FAB as a leader in shaping the financial landscape of the region, contributing significantly to the economic growth and well-being of its customers and communities.

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.