Emirates Islamic revises Expat Home Finance FTV — airlines reinstated, retail capped at 70%, hospitality & travel suspended
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.
Need to talk it through? Mortgease's advisory team can help you map this against your specific situation — free, no obligation.
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