In a bold move to support young Emirati couples, Abu Dhabi has introduced a groundbreaking initiative: 150,000 AED interest-free marriage loans. 

This innovative program aims to transform the way couples manage their wedding expenses by providing substantial financial relief without the burden of interest. By removing financial barriers, Abu Dhabi is helping to ease the stress of wedding planning.

Moreover, the marriage loan program helps reinforce the government’s commitment to strengthening family foundations and fostering community growth. 

Continue reading to learn more about the marriage loan initiative, the application process and the benefits of the program.

Background Information About Marriage Loans

Weddings worldwide can be costly, but in Middle Eastern countries like the UAE, expenses can soar up to 1 million AED for a more luxurious celebration. 

These high costs often place a significant financial burden on couples and their families, impacting their financial stability as they start their married life. Hence why, the government authorities in Abu Dhabi have introduced the Marriage Loan initiative. 

This program aims to help families plan a modest yet elegant wedding without straining their finances, ensuring that couples can celebrate their special day without undue financial stress.

To help you through the wedding planning process, Easy Wedding provides planning packages to help create a beautiful celebration that fits your budget and vision. Connect with us today to start planning your perfect day!

Abu Dhabi Government’s Role

Before delving into the details of the marriage loan, it’s essential to understand the role of the Social Support Authority (SSA). Established in 2008 by Abu Dhabi, the SSA is dedicated to stabilizing low-income families and enhancing community well-being.

A cornerstone of its mission is the Emirati Family Growth Programme, which plays a pivotal role in supporting the government’s marriage loan initiative. 

This program aims to encourage young Emiratis to marry, start families, and build enduring relationships. It encompasses various initiatives designed to promote family formation and growth, aligning with the broader goals of the Abu Dhabi Family Wellbeing Strategy.

Through these programs, the SSA significantly contributes to nurturing a strong and thriving Emirati community.

Details of the Marriage Loan Program

Loan Amount

The SSA offers interest-free loans up to 150,000 AED. This amount is designed to cover significant basic wedding expenses, helping couples celebrate their special day without financial constraints.

Interest-Free Nature

The loan is entirely interest-free, aligning with Islamic financial principles that prohibit charging interest. This ensures that couples are not burdened with additional financial pressures and can repay the loan without worrying about accruing interest.

Eligibility Criteria

To qualify for the marriage loan, the following criteria must be met:

• Age Requirements: The husband must be at least 21 years old, and the wife must be at least 18 years old.
• Citizenship: Both individuals must be citizens of the United Arab Emirates.
• Income Limit: The husband’s monthly income should not exceed 60,000 AED. This ensures the loan supports couples who may find it challenging to finance their weddings on their own.
• Family Book: The husband must possess a Family Book issued by Abu Dhabi. This document verifies the family’s residency and status in the emirate.

Marriage Loan Application Process

The application process is designed to be straightforward and user-friendly, ensuring that eligible couples can easily access the financial support they need.

• Steps to Apply: The husband is required to submit the marriage loan application through the Medeem Digital Platform. This digital platform simplifies the process, making it accessible and efficient for applicants.
• Required Documentation: Applicants need to prepare and submit necessary documents, including the Family Book and proof of income.
• Approval Timeline: The application process starts in September 2024. Couples planning to marry within the next six months are eligible to apply, providing a clear window for preparation and submission.

Benefits of the Loan

A marriage loan offers several key advantages for couples planning their wedding, making it a valuable financial tool. Here are the main benefits:

1. Financial Relief

A marriage loan provides immediate financial assistance to cover wedding expenses, easing the burden on couples and their families. This support helps manage costs effectively and reduces the financial strain associated with planning a wedding.

2. Interest-Free Options

Many marriage loans, such as those introduced by Abu Dhabi, are interest-free. This means couples can access funds without worrying about additional costs, making the loan more affordable and in line with ethical financial practices.

3. Supports Modest Weddings

By offering financial support, a marriage loan enables couples to plan a modest yet elegant wedding. This helps avoid the need for extravagant spending while still celebrating the occasion in a meaningful way.

4. Encourages Family Formation

Marriage loans can play a crucial role in encouraging young couples to marry and start families. By alleviating financial pressures, these loans support the formation of stable and lasting relationships.

What’s Next?

With Abu Dhabi’s groundbreaking 150,000 AED interest-free marriage loan program now available, it’s the perfect time for young Emirati couples to start preparing for their wedding.

This invaluable financial support can ease the burden of wedding expenses and help you begin your married life on a strong footing.

To make the most of this wonderful opportunity, get your documents ready and start sorting out the details of your wedding. As you embark on this exciting journey, let Easy Wedding guide you through every step. 

Our expert team is here to help you create a beautiful, memorable celebration that fits your budget and vision. Contact Easy Wedding today to start planning your perfect day with confidence and ease!