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RAKBANK RAKislamic Home Finance
RAKBANK RAKislamic Home Finance
Minimum Salary: AED AED 8,000
Fees: AED 0
Rewards: Up to 10% cashback on spends with linked RAKBANK Islamic Credit Card
Key Features:
- <p data-start="510" data-end="538">Sharia-compliant structure
- Competitive profit rates
- Financing up to 80% of property value</p>
RAKBANK RAKislamic Home Finance offers Sharia-compliant financing solutions tailored for both UAE nationals and expatriates. Designed under the principles of Islamic finance, it uses the Ijarah (lease-to-own) structure to help customers purchase or refinance their homes without interest, ensuring compliance with Islamic laws while providing flexible repayment terms and competitive profit rates
