Noor Islamic Bank (Noor), has announced the launch of a unique home finance package with a fixed profit rate for two years, which insulates customers from any EIBOR* (Emirates Interbank Offered Rate) fluctuation during the period.
Noor’s home finance package, which is available to both Muslims and non-Muslims, provides up to 85% finance to the value of Dhs10m for a period of up to 30 years. The profit rates start from 4.75% for all types of transactions. (Press Release)