Islamic Loans in UAE are offered by various Islamic and Conventional banks in Dubai, Abu Dhabi, Sharjah, and all over UAE. These loans are completely Shariah Compliant Financial Solutions, as these banks and their Islamic finance products are governed by independent Fatwa and Shari`ah Supervisory Boards, that gives the customers a peace of mind that the product they are using for their financial needs is completely Halaal, and compliant to the Shariah principles. In fact, a better term to name “Islamic Finance” is “Shariah Compliant Financing”.

Why Use Islamic Loans?

Shariah (Islamic Law) strictly forbids taking interest (termed as RIBA & USURY) or fees in return of lending money, this rule remains no matter whether the payment is fixed or floating. Similarly, investing your money in businesses that deal with forbidden (Haraam) products, such as Pork or Alcohol, is also strictly forbidden in Islam. Although these principles were implemented by the governments around the world to a varying degree multiple decades ago, but by the late 20th century separate Islamic Banks were formed not only in UAE but around the world as well, to allow the Muslims to deal with their financial issues according the Islamic teachings. This industry grew tremendously after its invention and by 2009; almost 822 Billion US Dollars were being managed by several Islamic banks around the globe, majority of which lies in the Islamic States like UAE and Saudi Arabia.


Quran & Hadith about Riba and Interest

Quraan Verses

“And that which you give in riba for increase through the property of [other] people, will have no increase with Allah. But that which you give in charity seeking the countenance of Allah, it is these who will get a recompense multiplied. “

“That they took riba, though they were forbidden”

“O you who believe! Devour not usury, doubled and multiplied; but fear Allah, that you may prosper.”


Imam Bukhari reported that the prophet (S.A.W.) had a long night dream part of that the prophet said, “….then we came to a red river like blood, I saw a man swimming in it and another on the river bank had gathered many stones. The swimmer started swimming toward the man on the riverbank and when he got to him, he opened his mouth to feed him the stones. Then the prophet (S.A.W.) said, that is the riba eater.”

Imam Muslim reported that the prophet (S.A.W.) said: “The messenger of Allah cursed the eater of riba, (usury/interest) and the one who feeds it.” Imam At-Tirmithi and other scholars of hadith added to this hadith from another narration: “and its witness and its writer.”

Imam Ahmad reported in an authentic hadith that the prophet (S.A.W.) said, “Dirham (the smallest coin like a penny)of interest eaten by a man with knowledge is more severe than thirty-six acts of fornication or adultery.”

What to Expect from Islamic Loan?

UAE, especially Dubai and Abu Dhabi have some of the finest Islamic Banks in the world and you can get tremendous number of features by availing their Islamic financing products. These banks are always looking to keep coming up with latest and more feasible products for the customers looking for Islamic loan in Dubai or anywhere in UAE.

Some Dubai Islamic bank loans offer you the option of having easy access to cash whenever you need it. All of these products are based on Islamic Financing Structure, in which the buyer of the product (The Islamic Bank) buys the product by paying full in advance, and then the customer keeps paying the bank in certain quantity/amount on agreed dates.

Key Features

  • Upfront Cash availability
  • Low Salary Requirement
  • Very easy and fast documentation
  • Quick processing of Loans application
  • Financing available of up to 2 Million for UAE nationals
  • Financing available of up to 500,000 for Expats
  • Financing tenure varies from 2 years to 5 years
(These features may change depending on the bank you are getting the Islamic Loan from, these are just basic features that majority of top banks have in place for their customers)

What about Shariah Fatwa?

Most of the banks offering Islamic finance in Dubai have had their Islamic Loans products approved the supervisory boards and the Shariah Committee of UAE Islamic Financial Institutions. This is exactly why tens of thousands of Muslims in Dubai, Abu Dhabi, Sharjah and all over UAE trust these financial solutions.

How to Apply for Islamic Loan?

There are various banks where you can apply and check which one suits you better. however offers you the exceptional service where we do all the hard work for you and get you the best available Islamic personal loan in Dubai without much hassle, just fill out the form on this page, and our representative will get in touch with you ASAP to discuss the available options based on your specific requirements.