Minimum Salary
0,00 د.إ
Sharjah Islamic Bank (SIB) offers Sharia-compliant Murabaha auto finance with flat profit rates from 1.79%–5.64% p.a., financing up to AED 2,500,000, tenures up to 60 months, transparent fees, flexible deferment, and value-added benefits across salaried, self-employed, and priority segments.
| Customer Segment | Flat Profit Rate p.a. (New Car) | Flat Profit Rate p.a. (Used Car) | Max Finance Amount | Tenure |
| Excellence Banking | 1.89% | 2.99% | AED 2.5 M | Up to 60 mths |
| Salaried – Salary-Transferred | ≥ 50 K AED: 1.99% | 3.29% | AED 2.5 M | Up to 60 mths |
| 35–49.99 K: 2.09% | 3.39% | |||
| 5–9.99 K: 2.49% | 3.49% | |||
| Salaried – Non-Transfer | ≥ 50 K: 2.19% | 3.29% | AED 2.5 M | Up to 60 mths |
| 35–49.99 K: 2.29% | 3.39% | |||
| 5–9.99 K: 2.69% | 3.69% | |||
| Self-Employed | 3.69% | 3.99% | AED 2.5 M | Up to 60 mths |
| EV Customers (All Segments) | – 10 bps discount | – 10 bps discount |
Detailed Schedule of Fees & Charges
| Fee Type | Charge |
| Credit Due Diligence & Documentation Fee | 1.00% of finance (min AED 500; max AED 2,500) |
| Early/Partial Settlement | 1.00% of outstanding principal (max AED 10,000) |
| Late Payment (Charity Commitment) | AED 500 per missed instalment |
| Post-Dated Cheque Replacement | AED 100 per cheque |
| EMI Postponement | AED 105 per postponement; 1 free per 12 EMIs (STL only) |
| Cooling-Off Period | 5 business days (full refund if cancelled) |
| NOC / Re-registration | Free |
| Rescheduling / Due Date Change | AED 100 per request |
All fees inclusive of VAT; profit accrues on grace-period instalment.
Salaried
Self-Employed
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