Aafaq Islamic Finance PSC

Aafaq Islamic Finance is a financial company in the United Arab Emirates. It offers Sharia-compliant products to people and businesses. The company says its services are fully Shariah-compliant. It runs a digital-first service and says approvals are quick and simple.

For individuals, it offers credit cards. These include the Aafaq World Elite card, which it describes as a luxury card with rewards. Cardholders can get a welcome bonus, travel rewards and a balance transfer with a 0 percent rate for up to 12 months. The card also includes airport transfers and a meet and greet service. It offers a golf and padel refund of up to 1,000 and 500 dirhams. Other offers cover cinema tickets and dining.

The company also offers personal and goal-based finance. It lists long-term and short-term options with simple paperwork. A balance transfer plan lets customers merge their dues into one plan with repayment from 3 to 48 months. School fees can be paid in instalments at a 0 percent profit rate. The firm says it builds simple solutions for people who want a card with rewards, finance for a goal, or help growing a business. Customers can compare card benefits and apply in minutes.

Business customers can use corporate finance and labour guarantees. The company also offers Wakala deposits and Sahobat investments to support business growth. Clients work directly with a relationship manager. The company says it works with Magnati to support small and medium businesses in the UAE.

The Aafaq Digital app lets customers apply, track and manage their products from a phone. Login uses UAE PASS or biometrics. Customers can also request a callback or apply online.

The company states a purpose of rooting its work in values. Its strategy is to find opportunities across sectors and support businesses. It aims to serve shareholders, customers, employees, partners and the community.

The website has a news section with product updates, campaigns and notices, including the names of candidates for its board of directors.