Product details
What you need to know
What to check
Understand Aafaq Commercial & SME Finance
Aafaq Commercial & SME Finance is a corporate banking product from Aafaq Islamic Finance. Compare the eligibility rules, fees, rates, limits, documents and benefits that the bank publishes for this corporate banking product.
Published details
- Solution Type: Commercial and SME finance
- Processing Fee: 2.5%
- Early Settlement Fee: 2%
- Deferment Fee: AED 5,000
- Returned Installment Fee: AED 250
- Late Payment Donation: AED 400
- Liability Letter Fee: AED 250
- Annual Guarantee Renewal Fee: 1.5%
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want islamic benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |