Mortgage services · Islamic

Islamic Mortgages in Dubai and the UAE

An Islamic mortgage uses a Sharia-compliant structure such as Ijara, where the bank buys the home and leases it to you until you own it.

01

Ijara and Murabaha explained

Ijara: the bank buys the property and leases it to you. Your payments cover rent and a share toward ownership, and the title passes to you at the end of the term.

Murabaha: the bank buys the property and sells it to you at an agreed higher price, paid in instalments. The profit is fixed at the start.

02

Islamic versus conventional costs

An Islamic mortgage is not automatically cheaper or more expensive. Profit rates, fees and early settlement terms vary by bank, so we compare the total cost against a conventional offer before you decide.

03

Which banks offer Islamic home finance

Several UAE banks, including dedicated Islamic banks and the Islamic windows of conventional banks, offer Sharia-compliant home finance. We compare the ones that fit your profile and explain each structure.

04

Documents and approval

Central Bank lending rules and each bank’s own criteria still apply. You provide the same core documents as for a conventional application, and the bank decides on approval.

FAQ

Islamic questions, answered

The bank buys the property and leases it to you. Your payments cover rent and a share toward ownership, and the title passes to you at the end of the term.

The bank buys the property and sells it to you at an agreed higher price, paid in instalments. The profit is fixed at the start.

Not necessarily. Profit rates and fees vary by bank, so we compare the total cost against a conventional offer.

Central Bank loan-to-value and debt burden rules also apply to Islamic finance, and then each bank applies its own criteria.

In many cases yes, through a buyout by an Islamic bank, subject to approval and the early settlement costs on your current loan.

Information on this page is general guidance, not legal or financial advice. Rules, fees and bank criteria change, and every mortgage is subject to bank approval and your eligibility. Last reviewed October 2026.

Start today

Talk to an advisor about your islamic.

Message us on WhatsApp and we will tell you what to expect, which banks fit and what it will cost.

Or leave your details below and an advisor will contact you.