Murabaha is a Shariah compliant sale where the seller (in this case Al Hilal Bank) discloses the actual cost incurred in acquiring the commodities and then sells these commodities to the buyer (in this case Al Hilal Bank customer) for an agreed profit. The buyer is aware of the cost and profit charged. The customer, after purchasing the commodities from Al Hilal Bank, sells them to a third party purchaser through Al Hilal Bank as his/her messenger. The sale proceeds are credited to the customer's account and then acting on his / her instruction to do so, Al Hilal Bank settles the liabilities with the conventional banks or their Islamic windows.

• Minimum salary requirement of AED 5,000
• A valid passport
• Residence visa page (as applicable)
• Latest 6 months bank statements
• Liability letter(s) from the other bank Any other additional documentation which may be required thereafter according to the Al Hilal Bank
• Policies and Procedures

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