Islamic / Sharia-Compliant Home Finance
Our Islamic home finance solutions provide a fully Sharia-compliant route to property ownership, structured through Murabaha (cost-plus sale) or Ijara (lease-to-own) agreements rather than interest-based lending. We work with dedicated Islamic banking partners including Abu Dhabi Islamic Bank (ADIB), Dubai Islamic Bank (DIB), Ajman Bank and Sharjah Islamic Bank to arrange finance that follows the same CBUAE loan-to-value and debt-burden-ratio rules as conventional mortgages, without an interest-based structure.
What We Offer
Our islamic / sharia-compliant home finance solutions come with a range of features designed to meet your specific needs.
Murabaha (cost-plus sale) and Ijara (lease-to-own) structures available
Access to dedicated Islamic banking partners: ADIB, DIB, Ajman Bank, Sharjah Islamic Bank
Same CBUAE LTV and DBR limits as conventional mortgages
No interest-based (riba) structure — profit rate agreed upfront
Available for residents and eligible non-residents
Suitable for resale, new purchase and refinance needs
Key Benefits
Why choose our islamic / sharia-compliant home finance solution and how it can benefit you.
Property finance that aligns with Sharia principles
Transparent, fixed-at-outset profit structure under Murabaha
Ownership transfers gradually under Ijara lease-to-own agreements
Access to the same bank panel comparison process as conventional finance
No compromise on LTV — same regulatory limits apply as conventional loans
Eligibility Criteria
To qualify for our islamic / sharia-compliant home finance solution, you'll typically need to meet the following requirements.
Minimum monthly income requirements per bank policy
Valid UAE residency visa for resident applicants (non-residents assessed separately)
Property must be eligible under the chosen bank's Islamic finance program
Standard CBUAE debt-burden-ratio and income documentation requirements apply
The Process
Here's what to expect when applying for our islamic / sharia-compliant home finance solution.
Free initial consultation to confirm Islamic finance eligibility and structure
Comparison of Murabaha vs Ijara offers across our Islamic banking partners
Collection of income and property documentation
Application submission to the selected Islamic bank
Approval and offer letter outlining the profit structure
Property valuation and Sharia-compliance sign-off
Final agreement signing and disbursement
Frequently Asked Questions
What's the difference between Murabaha and Ijara home finance?
Under Murabaha, the bank buys the property and resells it to you at an agreed cost-plus-profit price, repaid in fixed installments. Under Ijara, the bank retains ownership and leases the property to you, with your rental payments including a portion that builds toward eventual ownership. Both avoid interest (riba); which structure suits you depends on the offering bank and your preference.
Do the same LTV limits apply to Islamic home finance?
Yes. Islamic home finance in the UAE follows the same Central Bank of the UAE loan-to-value and down payment rules as conventional mortgages — the structure of the finance changes, not the regulatory lending limits.
Which banks offer Islamic home finance through Simply Mortgage?
We arrange Islamic home finance through dedicated Islamic banking partners including Abu Dhabi Islamic Bank (ADIB), Dubai Islamic Bank (DIB), Ajman Bank and Sharjah Islamic Bank, and compare their Murabaha and Ijara offers side by side.
Is Islamic home finance available to non-residents?
Some Islamic banks extend Murabaha or Ijara finance to non-resident buyers, typically with the same higher down payment requirements that apply to conventional non-resident mortgages. We'll confirm which partner banks can accommodate your specific residency status.
Need Expert Guidance?
Our professional mortgage services can help you choose and secure the right financing solution.
Ready to Move Forward?
Our mortgage experts are ready to help you secure the best islamic / sharia-compliant home finance solution for your needs. Contact us today for a personalized consultation.