Shariah-compliant home finance in the UAE.
Islamic home finance lets you buy a property without paying interest. Instead, the bank buys or co-owns the property and earns a profit through rent (Ijara) or a fixed sale price (Murabaha). Islamic finance in the UAE follows the same Central Bank limits on loan-to-value and debt burden as conventional mortgages.
Most major UAE banks offer Islamic home finance. We compare Islamic options with each other, and with conventional loans if you'd like, so you can see the total cost clearly.
Is this right for you?
- Buyers who want finance that complies with Shariah principles
- Residents, UAE nationals and, with some banks, non-residents
- Buyers refinancing from a conventional loan into Islamic finance
From first call to keys
- Free consultationWe look at your income, commitments, property and timeline, and tell you honestly what's realistic.
- Compare lendersWe compare options across our UAE lender panel and explain the trade-offs in plain English.
- Pre-approvalWe prepare your application, submit it and follow it up with the bank.
- Valuation and final offerThe bank values the property and issues the final offer. We check the terms with you before you sign.
- Transfer and keysWe coordinate with the bank, seller and trustee office until the transfer completes.
The main Islamic structures.
- Ijara (lease to own). The bank buys the property and leases it to you. Your payments cover rent and gradually buy the property, which transfers to you at the end.
- Murabaha (cost plus profit). The bank buys the property and sells it to you at an agreed higher price, paid in instalments.
- Diminishing Musharaka. You and the bank co-own the property. You buy the bank's share over time while paying rent on the part you don't yet own.
- Profit rate. Instead of interest, banks charge a profit rate, often linked to EIBOR plus a margin for variable structures.
- Same rules apply. Islamic finance providers must also follow the Central Bank's mortgage regulations, including LTV and DBR limits.
What you'll usually need
Salaried applicants
- Passport, residence visa and Emirates ID
- Salary certificate from your employer
- Recent payslips and bank statements showing salary credits (usually 6 months)
- Details of existing loans and credit cards
Self-employed and business owners
- Passport, residence visa and Emirates ID
- Trade licence and company documents (such as the memorandum of association)
- Personal and company bank statements (often 6 to 12 months)
- Audited financial statements or proof of business income, where the lender asks for them
Property documents
- Memorandum of understanding (Form F) or sale agreement
- Title deed or Oqood (for off-plan) of the property
- Valuation report (arranged by the lender)
Lenders may ask for more depending on your profile. We'll give you an exact checklist for your case.
Numbers to know
- Maximum LTV, expatriates, first home, value below AED 5 million
- 80%
- Maximum LTV, UAE nationals, first home, value AED 5 million or less
- 85%
- Maximum debt burden ratio (share of gross income)
- 50%
- Maximum mortgage term
- 25 years
Regulatory limits: Central Bank of the UAE, Regulations Regarding Mortgage Loans, checked 7 November 2026. Lenders can apply stricter limits.
Your questions, answered.
Is Islamic home finance more expensive?
Can I switch from a conventional mortgage to Islamic finance?
Do non-residents qualify for Islamic home finance?
Who checks that the product is Shariah-compliant?
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