In keeping with the philosophy of forward-thinking partnership by offering you financial solutions, Abu Dhabi Commercial Islamic Finance Company (ADCIF) guarantees you cash personal finance that is governed by the rules and regulations of Islamic Shari’ah.
“Yaqeen” is a retail cash finance product considered to be the most trusted Islamic Personal Finance; structured under the unique concept of “Bai Al Salam”. “Yaqeen” truly puts you on the right path.
Definition
“Bai Al Salam” is a Sale contract where the Customer (Seller) undertakes to deliver/supply a specified tangible asset to ADCIF (Buyer) at mutually agreed future date(s) in exchange for an advance price fully paid at spot by the buyer.
Features and Benefits include:
- Finance for UAE Nationals and Expatriates
- Longer repayment tenure
- Low Monthly installments
- High Finance amount
- Availability to Refinance your existing facilities
- Takaful Insurance coverage
- Earn Touch points for every AED 1,000 of your finance amount
The ADCB TouchPoints promise is simple. The more ADCB Meethaq products and services you use, the more rewards you get.
For further information or to apply for your Personal Finance, please call our toll free number on 800 MEETHAQ, or visit any one of the ADCB branches across the UAE.
All ADCB Meethaq and ADCIF products and services are approved by the Fatwa and Shari’ah Supervisory Board.
To view the fatwa issued by the Chairman, Shari’ah Supervisory Board authenticating compliance of product structure and validating the documentation, please check the following links:
To view the process of "Bai Al Salam" contract transaction, please click the following link:
Process of Executing Salam transaction
All finances approvals are at the sole discretion of ADCIF (a subsidiary of ADCB) and subject to ADCIF’s terms and conditions and upon submission of documentation acceptable to ADCIF.
