Mortgage Bank
Dubai Islamic Bank (DIB)
Leading Islamic financial institution offering Sharia-compliant home loans.
Provider Details
Provider Type
Mortgage Bank
Rate from
3.95
Term
Up to 25 years
Minimum down payment
20% (For residents)
Languages
EN, AR
For non-residents
Yes
About Dubai Islamic Bank (DIB)
Dubai Islamic Bank provides Sharia-compliant home finance for property buyers, including a dedicated program for non-resident clients. Its home-finance pricing is expressed as a profit rate rather than an interest rate and can vary according to the product, property type and loan-to-value ratio.
Services
- Sharia-Compliant Home Finance (Ijarah)
- Off-Plan Construction Financing
Interesting facts about Dubai Islamic Bank (DIB)
• DIB uses the term “profit rate” rather than “interest rate” because its home-finance products are Sharia-compliant.
• A dedicated Non-Resident Program is available.
• The Home Finance KFS lists a profit rate starting from 3.95% p.a. for the relevant product type.
• The applicable profit rate can vary depending on the product, property type and LTV.
• Different official DIB pages can show different financing or down-payment conditions, so a single universal down-payment percentage should not be applied to every customer.
• The first-time buyer product can provide resident expatriates with financing of up to 80% LTV, subject to eligibility.
Interested in Islamic home finance?
Learn how Ijarah profit rates and ownership transfers operate compared to conventional loans.
- Ijarah vs Conventional loan comparison
