If you need to buy a new car, we can help you with your finances. Dubai Bank Auto Finance is a flexible and convenient option that complies completely with the principles of Shari’a.
Based on the principles of Murabaha, the Bank will, at your request, purchase the car you want from the authorized dealer and sell it to you at an agreed markup. You know the profit mark-up and your installments at the time of financing and the amount does not change throughout the term. This arrangement allows you to take immediate possession & ownership of your vehicle and spread your capital expenditure over a period of time. Other benefits include:
Convenience
- Instant approval
- Flexible eligibility conditions
Value
- No deposit required (Bank Terms and Conditions Apply)
- Competitive profit rates fixed for the term of the finance
- Repay over a period of up to 6 years
Peace of Mind
- You can afford a new car with finance approved by our Shari’a Board
- The convenience of including your Takaful in the finance in accordance with Shari'a principles
Visit your nearest Dubai Bank Branch today to apply or call us at 800 5555.