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Auto Finance

Auto Finance Islamic Bank

When it comes to owning your dream vintage sports car, upgrading to the latest the model or just buying a more spacious family car, NBF Islamic Auto Finance puts you in the driving seat.

Based on the Islamic principle of Murabaha, NBF Islamic Auto Finance offers competitive rates and flexible payment periods, making purchasing a new or pre-owned vehicle quick and simple.

Product features

  • Fast approvals
  • Flexible repayment periods of up to five years
  • Up to AED 1,000,000 in financing
  • Financing of new and pre-owned cars
  • Financing of up to 80% of the vehicle's value
  • Fixed financing terms at competitive rates
  • Profit rates starting from 2.50% p.a. for NBF Green Auto Finance

Required Documents

An NBF Islamic Auto Finance is available to you provided you have your monthly salary transferred to an NBF Current Account.

When you visit an NBF branch, you'll need to complete an application form. You will also need to provide (where applicable):

  • A copy of your valid passport
  • A copy of your valid residency visa (for expatriates)
  • A copy of your current dated salary certificate (less than 30 days old)
  • A copy of your valid driving license
  • A quotation of the vehicle's value, addressed to NBF

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