Dubai Islamic Bank offers up to 90 per cent home finance

Published June 17th, 2009 - 10:12 GMT

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced that it is offering up to 90 per cent financing for properties across the UAE. Property buyers can avail of Al Islami Home Finance for up to 25 years for ready and under-construction properties from approved developers. This financing is available to UAE nationals and expatriate residents. In addition, DIB is offering refinancing solutions for properties that are already completed.

 

Dr. Adnan Chilwan, Chief of Retail and Business Banking, DIB, said: “Property buyers in the UAE are seeking easy home financing solutions. At DIB, customers are our top priority and we are pleased to open new doors for them by offering up to 90 per cent finance for their dream homes.

 

“The security of owning a home in the UAE provides great comfort to our customers. With a high finance to value ratio and a range of products to suit every need, we encourage homebuyers in the country to take advantage of this opportunity.”

 

Customers can avail of Al Islami Home Finance by visiting any of DIB’s wide network of 57 branches or by requesting a personalised visit from DIB’s Home Finance Advisors.