ADIB - Used Car Finance - Murabaha

ADIB - Used Car Finance - Murabaha

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Whether you are looking for a low value or high value car at competitive rates, Abu Dhabi Islamic Bank offers car financing with up to 60 months payment options. Features and benefits:
• Highly competitive profit rates
• Quick approval process
• No salary transfer required
• Repayment period of up to 60 months
• The flat rate of this finance is 3.09% and the equivalent rate in reducing balance is 5.61%. The calculation used is a multiplication of the flat rate by 1.814 and this is indicative only.
• Available for cars as old as 2008 model year.
• For ADIB salary transfer customers:
• When the salary is below AED 20,000 the rate starts at 3.25% for STL and 3.49% for PDC
• When the salary is between AED 20,000 to AED 49,999 the rate starts at 2.99% for STL and 3.25% for PDC
• When the salary is above AED 50,000 the rate starts at 2.79%

  • Business vehicle finance: No
  • Only for listed companies: No
  • Down Payment: 20%
  • Heavy vehicle finance: No

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