Islamic Finance | Shari’ah Compliant Products

Emirates NBD ISLAMIC is the Islamic finance window set up to provide bespoke Islamic solutions to our valued customers.

We offer Shariah compliant structures for financial requirements and our dedicated Islamic team combines Shariah expertise with strong market insight to provide solutions which meet our customer’s needs.

The product offering is customer centric and aims at enhancing the experience through simple process and documentation.

Murabaha Auto Finance

Everything you need for the car of your dreams

'Murabaha Auto Finance' gets you started on a road trip in your dream car with a host of exclusive benefits and savings which are unparalleled, while complying with your values. Its many features include:

Half-day approvals with easy process and simple documentation
Attractive pricing for both passenger and business vehicles
Flexible payment options
Online Salik recharge and RTA fine payment facility
Preferential motor Takaful rates through our preferred partners
Simplified documentation and process

Required Documents

Find out the Required Documents for Auto Loan Application

Auto Finance Application

Auto Loan Application Form
KYC forms (available at the branch or with the sales staff)
Original Emirates ID and Emirates ID copy Or Original Passport & Passport copy with valid resident visa page
Signed consent form of Etihad Credit Bureau & UAE FTS (Statement of Account)

Salaried Individual

Latest 3 Months Bank Statement

Self-Employed Individual

Latest 3 Months Bank Statement
Trade License copy
Memorandum of association (MOA) & Articles of Association (AOA)
Power of Attorney (POA) borrowing power

Auto Finance Mortgage Release

Mortgage release through e-mail or Emirates NBD Call centre

You can release the mortgage on your car through e-mail to customersupport@emiratesnbd.com or Emirates NBD call centre. This service is free of cost.

Send the request from the e-mail address registered with the bank.
Mention Auto loan Agreement ID or 20-digit Auto loan account number along with the registered mobile number with the bank.
Mention "Auto Loan Mortgage Release" as e-mail subject line.
Attach a clear scan image of the documents as mentioned below.

For Dubai registered vehicles

Vehicle Mulkiya copy only (both sides)

For Abu Dhabi, Al-Ain, Sharjah, and other Emirates' registered vehicles

Vehicle Mulkiya copy (both sides)
Emirates ID or Trade License copy in case vehicle is registered in company's name.

Mortgage release through Emirates NBD branch

You can release the bank mortgage on your car once you have settled your loan outstanding in entirety. In order, for the bank to process the release, the following will be required:

Visit to the nearest Emirates NBD (non-mall) branch and submit the Request for Mortgage Release with the following documents:

For Dubai registered vehicles

Vehicle Mulkiya and Emirates ID (original)

For Abu Dhabi, Al-Ain, Sharjah, and Other Emirates' registered vehicles

Vehicle Mulkiya (original)
Emirates ID (original) or Trade License in case vehicle is registered in company's name.

To find out more about how to release the mortgage on your Auto Loan, Click here

Please Note:

This document checklist contains the list of all the essential documents required to process your request.
If any of the required documents as per the checklist are missing, the process of the application may be delayed.
Additional documents may be required at the Bank's sole discretion.
Please ensure all documents are in order as per the checklist before visiting the branch, for quick processing and faster turnaround times.

Auto Finance Application

Auto Loan Application Form
KYC forms (available at the branch or with the sales staff)
Original Emirates ID and Emirates ID copy Or Original Passport & Passport copy with valid resident visa page
Signed consent form of Etihad Credit Bureau & UAE FTS (Statement of Account)

Salaried Individual

Latest 3 Months Bank Statement

Self-Employed Individual

Latest 3 Months Bank Statement
Trade License copy
Memorandum of association (MOA) & Articles of Association (AOA)
Power of Attorney (POA) borrowing power

Auto Finance Mortgage Release

Mortgage release through e-mail or Emirates NBD Call centre

You can release the mortgage on your car through e-mail to customersupport@emiratesnbd.com or Emirates NBD call centre. This service is free of cost.

Send the request from the e-mail address registered with the bank.
Mention Auto loan Agreement ID or 20-digit Auto loan account number along with the registered mobile number with the bank.
Mention "Auto Loan Mortgage Release" as e-mail subject line.
Attach a clear scan image of the documents as mentioned below.

For Dubai registered vehicles

Vehicle Mulkiya copy only (both sides)

For Abu Dhabi, Al-Ain, Sharjah, and other Emirates' registered vehicles

Vehicle Mulkiya copy (both sides)
Emirates ID or Trade License copy in case vehicle is registered in company's name.

Mortgage release through Emirates NBD branch

You can release the bank mortgage on your car once you have settled your loan outstanding in entirety. In order, for the bank to process the release, the following will be required:

Visit to the nearest Emirates NBD (non-mall) branch and submit the Request for Mortgage Release with the following documents:

For Dubai registered vehicles

Vehicle Mulkiya and Emirates ID (original)

For Abu Dhabi, Al-Ain, Sharjah, and Other Emirates' registered vehicles

Vehicle Mulkiya (original)
Emirates ID (original) or Trade License in case vehicle is registered in company's name.

To find out more about how to release the mortgage on your Auto Loan, Click here

Please Note:

This document checklist contains the list of all the essential documents required to process your request.
If any of the required documents as per the checklist are missing, the process of the application may be delayed.
Additional documents may be required at the Bank's sole discretion.
Please ensure all documents are in order as per the checklist before visiting the branch, for quick processing and faster turnaround times.

What are people asking?

Am I eligible for Auto Finance?

Our Auto Finance is open to new and existing customers of all nationalities

What do I need to apply for an Auto Finance?

You need to provide us with the following documents:

Quotation from the dealer

Identification
- Original Emirates ID and Emirates ID copy
- Valid Passport Copy with valid Resident Visa page
Salaried Individuals
- Latest 3 Months Bank Statement
Self-Employed Individuals
- Latest 3 Months Bank Statement
- Trade License copy
- Memorandum & Articles of Association (AOA)
- Power of Attorney (POA) with borrowing power
Minors (Natural or Legal guardian to be the co-borrower) Attested copies of guarantor & co borrower documents as listed below:
- Co-borrower's valid Passport and Resident visa page
- Income documents (If applicable)
- If Co-borrower is a company, then MOA & TL to be obtained. Passport copy of partners to be obtained.

Please Note:

The above list contains all required documents, but additional documents may be requested at Emirates NBD’s sole discretion.
To process your Auto Finance request, please bring all required documents at the time of application.
Any missing documents may delay the processing of your application.

How do I get my Auto Finance Mortgage Release?

Please provide us with:

Mulkiya Copy (Front and Back)
Emirates ID

Am I eligible for Auto Finance?

Our Auto Finance is open to new and existing customers of all nationalities

What do I need to apply for an Auto Finance?

You need to provide us with the following documents:

Quotation from the dealer

Identification
- Original Emirates ID and Emirates ID copy
- Valid Passport Copy with valid Resident Visa page
Salaried Individuals
- Latest 3 Months Bank Statement
Self-Employed Individuals
- Latest 3 Months Bank Statement
- Trade License copy
- Memorandum & Articles of Association (AOA)
- Power of Attorney (POA) with borrowing power
Minors (Natural or Legal guardian to be the co-borrower) Attested copies of guarantor & co borrower documents as listed below:
- Co-borrower's valid Passport and Resident visa page
- Income documents (If applicable)
- If Co-borrower is a company, then MOA & TL to be obtained. Passport copy of partners to be obtained.

Please Note:

The above list contains all required documents, but additional documents may be requested at Emirates NBD’s sole discretion.
To process your Auto Finance request, please bring all required documents at the time of application.
Any missing documents may delay the processing of your application.

How do I get my Auto Finance Mortgage Release?

Please provide us with: