Bayt al Tayseer

Build the home of your dreams with flexible repayments.
Build the home of your dreams with flexible repayments.

Baytt Al Tayseer - Islamic Housing Finance

NBQ Islamic Banking offers Sharia’ah complied 'Baytt Al Tayseer' Housing Finance to help UAE Nationals to pay for home improvements, purchase of a new home or construct a new home on your land.

Features & Benefits

  • Financing of up to AED 5,000,000
  • Flexible Repayment period up to 20 years
  • Competitive profit rate
  • Free Debit/ ATM Card
  • Simple application process

Fees and Charges

  • Processing Fee 1% of finance amount minimum AED 500 and maximum AED 2,500

Eligibility

  • Open to UAE Nationals only
  • Available to customer minimum 25 years of age and 65 years of age at maturity of Finance
  • Salary transfer to NBQ is required
  • Minimum salary criteria and length of service with current employer will apply

Documents Required

  • Valid copy of passport and emirates ID
  • Documents showing your monthly salary transfer (e.g. salary transfer letter, bank statement)
  • Mortgage of property (land/flat/house/any other acceptable property)
  • Other documents may be requested at the discretion of the Bank

Subject to the terms and conditions of Islamic banking unit – National Bank of Umm Al Qaiwain



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