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Access a pool of frequently asked questions and gain clarity on your issue of concern. From product and service terms and conditions to financial terms and installment clarifications, all of the following and more are explained thoroughly through the answers provided below.

Ans: Yaseer Finance is a personal finance facility designed for our customers to meet their immediate cash needs such as children’s education, family holiday, emergency cash, house rent and others.
Customers can enjoy the freedom to tailor a facility to match their needs.

Ans: Starting from as low as 9.99% to 39% (reducing basis)

Ans: Following is the eligibility criteria a) Applicant should be salaried individual, employed in government/ public sector or with reputed establishments in the private sector. b) UAE nationals or Expatriate residents of the UAE c) Minimum age: 21 years and maximum age at loan maturity: 60 years d) Minimum salary AED 5,000 e) Length of Service : Six month with Current Employer or job confirmation whichever is earlier.

Ans: Following documentation is required a) Original passport & photocopy thereof (with valid UAE residence visa for expats); Original Emirates ID & photocopy thereof b) Latest 3 months’ original bank statements of account into which salary is transferred or regularly banked c) Current dated salary certificate from employer addressed to Islamic Finance House Pvt. JSC. d) Copy of latest pay slip e) Upon approval you will be requested to furnish a Direct Debit Authority which will enable us to debit your installments from your salary account. f) Security cheque of the approved loan amount + Interest + Insurance for the loan tenure.

Ans: Yaseer Finance can be obtained for a maximum of 36 months (linked to purpose).

Ans: Yes, the person who is seeking the facility must be a resident with valid UAE visa.

Ans: The minimum Finance amount is AED 10,000/- and the maximum is AED 250,000/-.

Ans: Early settlement fee is 1% of outstanding.

Ans: The minimum age for getting Yaseer Finance is 21 years and the maximum is 60 years at loan maturity.

Ans: Yes, the processing fee is 1% of the finance amount (minimum of AED 500 & maximum of AED 2,500)

Ans: Yes, Death & Permanent Total Disability insurance shall be arranged @ 0.252% per annum.

Ans: Yaseer Finance is offered along with a Free for life Covered Card,

Ans: Once all the required documents are submitted, it will take up to 1 business day for a credit approval.

Ans: Yes, we do offer ‘Debt Consolidation’ facilities that reduce the installment burden for our customers.

Ans: Up to 2 times of your average banked salary, subject to IFH policy.

Ans: Please refer Eligibility and required documentation.

Ans: Most Government & Semi-Government departments & institutions, Multinational & leading local companies, Banks & other financial institutions. If you wish to know if your employer is on the approved list, please call us at 800 434 .

Ans: About 5 working days from the date of approval of card.

Ans: Please refer to Covered card payment options.


Ans: 5% of the outstanding amount or AED 100 whichever is higher.

Ans: Absolutely. It is accepted all over the world at Merchant locations and ATMs displaying the MasterCard logo.

Ans: Supplementary cards are free; kindly refer to the schedule of fees & charges.

Ans: Only Passport/Visa and Emirates ID copy of the person to whom Supplementary card is requested.

Ans: Confirmation in present job (if confirmed earlier than 6 months) or 6 months in present job.

Ans: 100% of card limit.

Ans: Just visit one of our branches with documents or call 800434 to schedule a personal visit to your office by a Personal Finance Officer.

Ans: Islamic Finance House offers you the ability to settle your Covered Card bill payment online in a few clicks wherever and whenever you wish, directly through your personal bank account in the UAE.

Ans: This is for your ease and convenience. Simply, you can save time and effort by settling your Islamic Finance House Covered Card bill online, via website or mobile app through your personal bank account.

Ans: The amount due for payment is reflected in your Islamic Finance House Covered Card Statement. However, you can choose to pay just the Minimum Payment if not the full amount due.

Ans: There will be no charges levied from Islamic Finance House.

Ans: You can pay-off your Islamic Finance House Covered Card bill online through your personal bank account by following the below steps:

Step 1. Log in to your online banking account via website or mobile app. Step 2. Provide your Islamic Finance House Covered Card details along with the payment amount. Step 3. Confirm Payment. Amount will be credited within 2 days. Hence, you are required to make payments at least 2 working days before the payment due date. Step 4. Receive an SMS confirming your payment transaction.

Ans: The payment will be credited within 2 working days. Hence, you are required to settle your Islamic Finance House Covered Card bill payments at least 2 working days before the payment due date.

Ans: Please contact us on our toll free number 800434 and our team will be happy to assist you.

For more details call 800434