ProviderSharjah Islamic Bank
Sharjah Islamic Bank Home Finance
Eligibility unknownShariah-compliantMortgagesLong-term finance for residential property in the UAE.
Last verified Nov 11, 2026, 3:02 PM1 source behind these figures
Terms and conditions
| Pricing | |
| Minimum amount | AED 1,000,000.001 source
|
|---|---|
| Maximum amount | AED 10,000,000.001 source
|
| Rate type | Reducing balance1 source
|
| Interest rate (APR) | —No evidence recorded |
| Profit rate | 5.97% p.a.1 source
|
| Processing fee | 1.05% flat1 source
|
| Processing fee cap | AED 2,625.001 source
|
| Early settlement fee | 2.00% flat1 source
|
| Maximum loan-to-value | 80.00% flat1 source
|
| Fixed-rate period | 12 months1 source
|
| Terms | |
| Salary transfer required | Yes1 source
|
| Processing time | 7 days1 source
|
| Eligible property types | Apartment, Villa, Townhouse, Off-plan1 source
|
| Shariah compliance | |
| Shariah structure | Ijara1 source
|
| Profit rate basis | Reducing balance1 source
|
| Shariah board reference | SIB-SSB-2026-0231 source
|
| Eligibility | |
| Minimum monthly income | AED 19,000.001 source
|
| Minimum age | 21 years1 source
|
| Maximum age at maturity | 65 years1 source
|
| Residency eligibility | Residents and UAE nationals1 source
|
| Eligible employer types | Private sector, Government1 source
|
| Minimum tenure | 60 months1 source
|
| Maximum tenure | 300 months1 source
|