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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 600511117 .

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 our branch with documents or call 600511117 to schedule a personal visit to your office by a Personal Finance Officer.

For more details call 600511117

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Lost your covered card?

Immediately report your lost/stolen card via our 24-hour helpline 600511117

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