Product details
What you need to know
What to check
Understand Mawarid Personal Finance
Mawarid Personal Finance is a personal loans product from Mawarid Finance. Compare the reducing rate or APR, monthly payment, processing fee, early settlement charge, salary rule and total repayment.
Published details
- Salary Transfer Required:
- Finance Structure: Shariah-compliant finance
- Maximum Finance Amount: AED 100,000
- Approval Time: Within 3 working days
- Grace Period: 30 days
- Murabaha Profit Rate: Debt settlement: 9.9% fixed; other finance products: 12% fixed
- Processing Fee: AED 1
- Installment Deferment Fee: AED 250
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 |