Saadiq Home Finance Standard Chartered
Reducing / Flat
3.75% / 2.07%
Saadiq Home Finance is based on the Ijarah concept. Our ‘rent to own’ product has been approved by an independent Shariah Supervisory Committee.
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- High Financing Amounts.
- Simple Financing Procedure.
- Shariah Approved.
- Competitive Profit rate.
- Fast processing.
- Convenient tenures.
- Global expertise.
- Free debit card.
- Insurance cover.
- Banking online or on the go.
- The down payment requirement for UAE Nationals is 20% and 25% for Expats.
- The Maximum finance amount offered is AED 18,000,000.
- You require a minimum salary of AED 10,000 per month to be eligible.
- It is not a requirement to transfer your salary to apply.
- Passport & Visa copy.
- Emirates ID Card copy.
- Last 6 months personal bank statement.
- Employment letter Last Salary slip / Employer Letter.
- Property ownership documents.
- Proof of Customer’s contribution towards payment of property/ Equity payment (where applicable).