Involuntary Loss of Employment Cover


Standing by you in difficult times

The Involuntary Loss of Employment (ILOE) Takaful cover helps you with your instalments if you lose your job.

5,000 Up to AED
per month
period of coverage.
0.1 %
Monthly fees
of finance outstanding.
Key benefits

  • Policy covers monthly payments of 10% of your finance outstanding or AED 5,000 (whichever is lower) for a period of 6 months
  • Flexibility to sign in and sign out at any time during the life of your finance
  • Affordable monthly fees of just 0.1% of finance outstanding obligation

For detailed explanation of the ILOE benefits under the Credit Life Policy terms and conditions click here.

Terms and conditions

All financing and credit facilities are made available at the sole discretion of ADCB Islamic Banking and is subject to ADCB-IBD’s terms and conditions and submission of acceptable documentation. Rates, fees and charges are applicable and subject to change without prior notice. For the latest schedule of fees please click here

Credit Life Takaful is provided by Noor Takaful Family PJSC (the ‘insurer’) and issued subject to their terms and conditions. ADCB Islamic Banking does not offer Insurance/Takaful advice, nor does it manage, underwrite or issue insurance/Takaful policies. ADCB Islamic Banking is not responsible for rejected applications or claims by the Insurer. The contribution received by ADCB Islamic for insurance/Takaful plans are for the account of ADCB Islamic Banking not bank deposits.

Other ways to apply

Contact center

Contact center

call our 24-hour contact centre on 600 56 2626

Apply through SMS

Apply through SMS

SMS 'ILOE' to 2626 from your registered mobile number

Visit us

Visit us

We will be happy to welcome you at any of our branches. Find the closest branch to you

Branches & ATMs