Emirates Islamic revises Expat Home Finance FTV — airlines reinstated, retail capped at 70%, hospitality & travel suspended
Emirates Islamic Bank
Emirates Islamic (EIB) has revised its Expat Home Finance Finance-to-Value (FTV) policy by industry sector. Airlines are reinstated to standard FTV, malls / shipping & logistics / retail are capped at 70% FTV, and several sectors — hospitality, travel, entertainment, rent-a-car and real estate — have had sourcing suspended until further notice.
The revised industry FTV grid
| Industry sector | New FTV treatment |
|---|---|
| Airlines | ✅ Reinstated to normal policy criteria — standard FTV applies |
| Malls, Maritime Shipping & Logistics, Retail Outlets | ⚠️ Maximum FTV capped at 70% |
| Hotels & Hospitality, Entertainment & Event Management, Travel & Tourism, Rent-a-Car, Real Estate | 🛑 Sourcing suspended until further notice |
What it means for buyers
- Airline employees: good news — you're back to standard FTV at EIB after the earlier restrictions. This reverses the airline cap EIB had in place.
- Malls / logistics / retail professionals: you can still finance with EIB, but plan for a 70% FTV ceiling — i.e. a minimum 30% down payment on the financed portion.
- Hospitality, travel, entertainment, rent-a-car & real estate professionals: EIB is not currently accepting new Expat Home Finance applications from your sector. Don't wait on EIB — other banks (ADIB, DIB, ENBD) assess these industries differently and may still lend.
Industry-based FTV policies shift frequently and vary widely between banks — a sector that's suspended at one bank is often financeable at another. If your employer falls in a restricted category, an advisor can quickly identify which lenders will still work with your profile.