ADIB provides home finance through Diminishing Musharaka. Six months of statements. CBUAE LTV is 80% for nationals and 75% for expats on the first property below AED 5M. Subsidised Emirati programmes available.
Convert for home financeAbu Dhabi Islamic Bank provides home finance through Diminishing Musharaka — a co-ownership structure where the customer gradually buys out the bank's share over the term. The customer pays rent for the bank's share alongside the equity instalments. ADIB has a particularly strong position with UAE national government employees who qualify for subsidised home finance programmes.
The CBUAE underwriting framework applies the same as any UAE lender: six months of statements minimum, DBR capped at 50% of gross income, LTV capped per nationality and property value. The bilingual Arabic-English statement is FTA-ready and works for both the home finance file and any subsequent tax return.
ADIB prints SALARY CREDIT rows with the MoHRE employer code or government payer ID, MURABAHA FINANCE instalments for any existing personal financing, IJARA or MUSHARAKA payments for any existing home or vehicle financing, and POS spend through the Sharia-compliant card. The underwriter wants to separate finance obligations from discretionary spend. The bilingual description column gives the same row in Arabic and English — both are preserved.
Down-payment seasoning is the most-asked question. The underwriter wants to see the down-payment funds present for at least 60 days with no large unexplained credit during that window. A gift from family needs a non-repayable gift letter, and the bank line for the deposit has to match the date on the letter. Wakala profit credits in the same period are supplementary liquidity evidence.
Pull six months of WPS salary credits, all existing Murabaha and Ijara obligations, the trace of the down payment from earliest appearance through the offer date, Wakala profit credits as supplementary liquidity, the average ending balance, and any large one-off credits that need source documentation.
Bilingual Arabic-English PDF. AED denominated. Dates DD/MM/YYYY. Monthly and year-to-date summaries included. Columns: transaction date, value date, description (bilingual), debit, credit, balance. Islamic product type (Murabaha, Wakala, Takaful) referenced in description field. IBAN, account type, and statement period prominent in header.
| Label | Meaning |
|---|---|
| POS PURCHASE | Sharia-compliant card payment at merchant |
| ATM CASH | ATM cash withdrawal |
| SALARY CREDIT | WPS salary deposit |
| MURABAHA FINANCE | Murabaha product instalment deduction |
| WAKALA PROFIT | Profit from Wakala investment deposit |
UAE mortgage applicants must show 6 months of statements; CBUAE's maximum loan-to-value is 80% for UAE nationals and 75% for expatriates for first properties below AED 5M.
Pull six months of ADIB statements
Open ADIB Mobile and download six monthly PDFs covering the period before your home finance application. Upload them together to Kashfbank — they merge chronologically.
Trace the down payment
Look back at least 60 days from the offer date. Confirm the down payment funds are visible the whole way. Any large credit during that window needs a source — bonus, asset sale, or non-repayable gift letter.
Calculate DBR with the new home finance included
Sum existing Murabaha and Ijara instalments plus the estimated monthly home-finance payment. Divide by gross salary. The total must stay under 50% of gross monthly income. The CBUAE rule applies to Diminishing Musharaka the same as conventional mortgage.
Hand the clean export to your ADIB broker
ADIB's underwriter wants the bank-issued PDF for the formal application. The Kashfbank Excel is for your broker's pre-submission review — DBR, seasoning, salary continuity. Catching gaps before submission saves a re-request loop.
Common challenges
Do Abu Dhabi government employees get better terms on ADIB home finance?
Often, yes. The Abu Dhabi government runs subsidised home finance programmes for nationals, and ADIB is a primary participant. The underwriting checks are standard — DBR under 50%, six months of statements, LTV by nationality — but the rate and term are more favourable. The salary credit must come from a recognised government payer ID.
How does Diminishing Musharaka differ from a conventional mortgage in the underwriting?
The legal structure is a co-ownership rather than a loan, but the CBUAE underwriting rules apply the same way — DBR cap at 50%, LTV by nationality, six months of statements. The underwriter reads the same lines from the statement. Kashfbank tags Musharaka rows on existing financings as financing obligations.
I am an expat buying a first property at AED 4M. What is my LTV cap?
75% on a first property valued below AED 5M, which means a 25% down payment plus the Abu Dhabi or Dubai Land Department fee plus the ADIB processing fee, all from seasoned funds in your own account. A second property reduces the cap further.
Does Kashfbank read ADIB's bilingual statement correctly for the home finance file?
Yes. ADIB prints Arabic and English on the same row, which doubles description width. Kashfbank parses each language independently so neither descriptor is lost. The export is a clean single-row read for the underwriter's review.
Detailed guide
Step-by-step guide to converting Abu Dhabi Islamic Bank (ADIB) statements
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Regulator: Central Bank of the UAE (CBUAE)
Fiscal year: Jan 1 – Dec 31 (Gregorian)
Full country guide →Statement language: English