It could be for your child who plans to enroll into higher education, a wedding of your daughter, home renovation, or a new business venture – for any reason, Mawarid Finance offers stress-free Shariah Compliant finance solutions in UAE. With the minimum requirements in terms of documentation and with the fast approval, your big dream can become a reality.
At Mawarid Finance, we strive to look for ways to guide you and support through our personal finance solutions, which are designed in the light of laws set by Shariah.
The basis for Islamic finance is originated by the religion of Islam itself. According to Shariah, money has no intrinsic value. Muslims are not allowed to lend money and expect to gain interest which is also known as Riba. However, legitimate trade is allowed, with proper investment in assets.
To ensure that our offerings remain Shariah compliant, Mawarid Finance has authentic measures and a reliable committee of scholars who certify the products and services by issuing the Fatwa (legal opinion).
Mawarid’s wide cache of Islamic financing solutions has been designed to take care of all your financing requirements. We aim to be different, unique and ‘special’ in everything we do, and that’s why our products are aimed to serve the purpose of your convenience, at the same time being committed to upholding the principles of Shariah.
Our solutions
Easy to apply
Low Processing Fees
Quick approvals
Easy documentation
Moreover, enjoy exceptional benefits
30 days grace period
Flexible minimum salary requirements
No early settlement fees
24 x 7 Phone Helpline Banking services
To apply for Shariah Compliant Services and Islamic Personal Finance, call us at +97143040888 or visit our offices to enter into a world of innovative financing solutions designed to be in harmony with your requirements and principles.
Mawarid Auto Finance, your key to unlocking the roads of the UAE. We provide financing facilities for new cars at a competitive profit rate. Based on the Murabaha mode of Islamic financing, this product is offered to UAE Nationals as well as expats, both salaried & self-employed professionals between the ages of 21-65 years.
At Mawarid, not only is your car your lifestyle, but, we believe driving the right car is a statement of your personality. That’s why we provide affordable and efficient auto finance with the most attractive rate.
Our Auto finance offers support you to purchase a new vehicle. Based on the Murabaha mode of Islamic financing, this product is offered according to Shariah compliant financial principles. With Mawarid Finance, you can now pay back your auto finance in minimal installments and drive easy.
A flexible short term financing product that provides fast, easy and short-term cash solutions to meet your unforeseen or short term increased expenditure. Based on the Islamic mode of financing, this service is offered to UAE nationals and expats who are salaried or self-employed.
Receiving a private finance enables our customers to take full advantage of hassle-free processes that do not request saving accounts or a high salary. Our personal finance solution, required to meet the needs of clients looking for emergency funds. This finance is easily manageable through post-dated cheques or bank transfers.
There must be an agreed contract between the lender and borrower, and the repayment guidelines must be agreed upon confirmation of the finance entitlement. Your credit rating is extremely important when applying, as your past performance and money management will be taken into account. You will be assigned a credit grade which will determine the amount and the lowest profit rate finance available to you.
At Mawarid Finance we are committed to playing a predominant role in the social development and support of the government in structuring the cities future. We are an Islamic finance company that is built on strong grounds, based on Shariah Compliant financing principles.
At Mawarid Finance, we understand that financial support plays an important role in your life. And that’s why we have a specialized team of Relationship Managers, who will provide you with a host of Islamic financing solutions and tools which are designed to help you succeed and prosper.
