ProviderRuya Community Islamic Bank
Ruya Community Islamic Bank Business Finance
Eligibility unknownShariah-compliantBusiness LoansTerm finance for SMEs and established companies.
Last verified Nov 11, 2026, 3:02 PM1 source behind these figures
Terms and conditions
| Pricing | |
| Minimum amount | AED 100,000.001 source
|
|---|---|
| Maximum amount | AED 500,000.001 source
|
| Rate type | Reducing balance1 source
|
| Interest rate (APR) | —No evidence recorded |
| Profit rate | 12.02% p.a.1 source
|
| Processing fee | 1.05% flat1 source
|
| Processing fee cap | AED 2,500.001 source
|
| Early settlement fee | 1.05% flat1 source
|
| Terms | |
| Salary transfer required | No1 source
|
| Processing time | 2 days1 source
|
| Minimum company vintage | 36 months1 source
|
| Minimum annual turnover | AED 500,000.001 source
|
| Accepted collateral | Post-dated cheques1 source
|
| Shariah compliance | |
| Shariah structure | Ijara1 source
|
| Profit rate basis | Reducing balance1 source
|
| Shariah board reference | RUYA-SSB-2026-0181 source
|
| Eligibility | |
| Minimum monthly income | AED 0.001 source
|
| Minimum age | 21 years1 source
|
| Maximum age at maturity | 70 years1 source
|
| Residency eligibility | Residents1 source
|
| Eligible employer types | Self-employed1 source
|
| Minimum tenure | 12 months1 source
|
| Maximum tenure | 60 months1 source
|