Dubai Islamic Bank (DIB) Business Financing

Minimum Salary
500,00 د.إ

Flat Rate
9.9%

Reducing Rate
15%

Maximum Term
48 Months

Monthly Payment
AED 36,000

Description

For short-term project financing up to AED 2 million with flat profit rates, the Al Islami Business Finance (Salam/Murabaha) facility is ideal. For working capital and trade cycles, choose the Business Overdraft (Covered Drawing Account) for on-demand liquidity.

Features

Product Suite Overview

Facility Name	Purpose	Maximum Financing	Tenor	Structure & Collateral
Al Islami Business Finance	CAPEX, expansion, project financing	AED 2 million	6–36 months	Murabaha or Salam; asset pledge¹
Business Overdraft (CDA)	Working capital, payroll, inventory	AED 1 million	Revolving (annual review)	Unsecured up to limit; lien on account
Trade Finance	Letters of Credit, Guarantees, Documentary Collections	As required	Per trade cycle	Cash margin or receivables charge

¹Subject to collateral or corporate guarantee based on facility size.

Profit Rates & Charges

Profit Rates (p.a.) for Al Islami Business Finance²

Tenor	New Customers	Existing Customers
Up to 6 months	16.5%	15.0%
7–12 months	17.0%	16.0%
13–18 months	19.0%	18.0%
19–36 months	21.0%	20.0%

Overdraft & Trade Finance Rates

Business Overdraft:5%–10.5% p.a. on utilized balance³
Trade Finance:13125% per month of credit value (min AED 262.50) plus issuance fee AED 105³

Schedule of Fees (exclusive of 5% VAT)

Fee Type	Charge
Processing / Arrangement Fee	2.00% of finance amount (min AED 500; max AED 2,500)
Takaful Contribution	0.94% per month of outstanding balance
Early Settlement (Murabaha/Salam)	1.05% of outstanding balance (max AED 10,000)
Late-Payment Charity Donation	AED 100 per delayed instalment
Instalment Deferment (Business Finance)	AED 262.50 per deferment
Drawdown Amendment / Cancellation	AED 105 per request
Overdraft Setup Fee	AED 105
Liability / No-Objection Letter	AED 105
Documentary Credit Issuance Fee	AED 105 + 0.13125% pm of credit value
Amendment to Documentary Credit	0.13125% pm of the amendment value (min AED 262.50)

Eligibility Criteria

Company Tenure: Minimum 1 year of continuous UAE operation
Annual Turnover: AED 1 million or above
Business Structure: LLC, Free Zone, branch office in permissible sectors
Credit Profile: Clean corporate and principal credit records
Legal & Shari’a Compliance: Activities must align with Islamic principles

Documents Required

Completed DIB Business Finance application form
Trade license and Commercial Registration certificate
Memorandum & Articles of Association; Board resolution authorizing finance
Audited financial statements (last 2 years) for facilities > AED 1 million
Six months’ business bank statements
Emirates IDs, passports, and UAE visas of authorized signatories
Title deeds or asset documents for collateralized facilities
Corporate or personal guarantees as required

Additional Info

Digital Onboarding & Servicing: Fully online application, disbursement, and repayment via DIB Business Online and Mobile App
Flat & Predictable Profit Rates: Clear profit slabs for Al Islami Business Finance enable precise budgeting
On-Demand Liquidity: Overdraft renews annually; interest charged only on utilized amount
Trade Facilitation: Competitive documentary credit and guarantee fees to support imports/exports
Dedicated Relationship Management: Sector-specialist RMs provide structuring, advisory, and ongoing support
Shari’a-Compliant Framework: All products governed by DIB’s Internal Shari’a Supervision Committee