Owning a home has always been his dream, now Dubai Islamic Bank Home Finance will make that dream come true, along with a clear conscience as there is no Riba involved! With the Shirkat-ul-melk along with the Ijarah model, you can own a home fast, accessible and in submission with Sharia. “
Dubai Islamic Bank Home Finance Product Offerings
> Home Purchase
> Home Renovation
> Purchase of Undivided share of Property Mortgaged by other banks (Balance Transfer)
> Construction Finance
Dubai Islamic Bank Home Finance Benefits
1) Compliant with Sharia
2) Financing up to Rs. 75 million
3) Fast application processing time
4) Affordable and competitive monthly rent
5) Financing up to 70% of the value of your property
6) Early and partial settlement options
7) Option to reschedule deadlines
8) Takaful courtesy property
Dubai Islamic Bank Home Finance Eligibility Criteria (Pakistani Residents)
a) Pakistani national
b) For salaried individuals:
a. Minimum age: 25 years
b. Maximum age: 60 years
c. Minimum monthly net income of Rs 40,000 / –
c) For self-employed entrepreneurs and self-employed professionals:
a. Minimum age: 25 years
b. Maximum age: 65 years
c. Minimum monthly net income of Rs 50,000 / –
Dubai Islamic Bank Home Finance Property eligibility criteria
The property must be located in the following cities in Pakistan:
1) Karachi
2) Lahore
3) Islamabad
4) Rawalpindi
5) Faisalabad
6) Multan
7) Bahawalpur
8) Sialkot
9) Gujranwala
10) Hyderabad
11) Peshawar
The minimum property value must be more than Rs 2,000,000 / –
Dubai Islamic Bank Home Finance Eligibility Criteria (Overseas Pakistani – UAE only)
> Pakistani citizen residing in the United Arab Emirates
> Age 27-60.
> Minimum monthly net income of AED 27,000 / -.
> Only salaried people
Dubai Islamic Bank Home Finance Documents
a) Copy of the CNIC of the main applicant
b) Copy of the CNIC of Co-partner, if necessary
c) 2 passport size photos
d) Tax returns
e) Copy of utility bill
f) Professional title (only for self-employed professionals)
g) Salary Certificate / Proof of Profession
h) Most recent pay slip
i) Bank statement for the last 12 months and bank certificate
Dubai Islamic Bank Home Finance Apply Online
Click a link to visit the official website for apply online: https://www.dibpak.com/index.php/consumer-financing/home-finance/