DIB Salam Finance
- Low salary requirement of AED 3,000.
- Minimum tenure in employment must be 3 months.
Maximum finance amount AED 3 Million for UAE Nationals & AED 2 Million for Expatriates.
Maximum loan amount is up to 20 times salary.
Profit rates range from 9%-11% p.a. on reducing balance (or 5%-6% flat rate).
Salam is a sale contract whereby the purchaser pays the price in advance, and the seller delivers the goods with certain specifications and certain quantity on agreed future date(s).