Attijari Al Islami Vehicle Finance
For the car you've been dreaming of
Attijari Al Islami Vehicle Finance is a Shari'a compliant scheme from Commercial Bank of Dubai operating under the Shari'a principle of "Murabaha" .
By this principle, CBD will purchase the vehicle at your request, and then sells it to you at an agreed fixed profit rate. This allows you to own the car and pay for it in easy installment.
This Scheme is available for both used and new vehicles, to individuals and business owners
Features and Benefits
Finance amount up to AED 500,000
Flexible repayment period up to 60 months
Up to 80% financing option
Competitive Murabaha profit rates
First payment after 45 days
Option of vehicle insurance finance (Takaful)
Option for two deferments annually
Eligibility
Applicant must be minimum 21 years of age and maximum 55Years (Expats) & 60 Years (UAE Nationals) at the time of final installment
Resident of UAE.
Assignment/transfer of salary & terminal benefits
Requirements
Application From
Passport copy with valid residence visa page or copy of valid ID card
