Updated September 28, 2026 · BorrowCue Editorial Team
Arab Islamic Bank vs Finmercado
Where Arab Islamic Bank and Finmercado differ
| Compare |  Arab Islamic Bank |  Finmercado |
|---|---|---|
| APR | 4.5% to 9%Lower | from 677.47% |
| Loan amount | $80,000 | MX$500 to MX$200,000 |
| Term | 84 monthsHigher | 2 to 12 months |
| Lender type | Direct lender | Marketplace |
| Eligibility | Personal ID, 6-month bank statement, proof of occupation (salary slip or municipal council certificate), salary transfer commitment or suitable guarantee; salary deduction must not exceed 50% | Mexico only, accredited Mexican lending partners; partner lenders accept from 18 years (some 21+); INE and an active bank account required |
| Loan types | Personal, Car, Student, Business, Secured | Personal, Payday, Secured, Business, Debt consolidation, Student |
| Arrangement fee | Not confirmed | 0 MXN |
| Credit check | Not confirmed | Soft prequal |
| Funding time | Not confirmed | Online application in about 5 minutes; partner lenders answer in minutes and deposit goes to the customer's bank account |
| Representative example | Not confirmed | Personal loan of MXN 2,000 over 6 quincenas, 6 payments of MXN 647, total to pay MXN 3,882; monthly interest rate 28% to 49.50% (without VAT), informative CAT from 677.47% |
| Rate type | Fixed | Not confirmed |
| Origination fee (%) | Not confirmed | 0% |
| Credit needed | Not confirmed | Poor |
| Use cases | Not confirmed | Home improvement |
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Key differences
- Arab Islamic Bank scores higher overall: 9.4 vs 8.5.
- APR is lower at Arab Islamic Bank: 4.5% to 9% vs from 677.47%.
- Term is higher at Arab Islamic Bank: 84 months vs 2 to 12 months.
- Support channels: only Arab Islamic Bank offers Phone.
- Support channels: only Finmercado offers Email, Help centre, Community.
- Loan types: only Arab Islamic Bank offers Car.
- Loan types: only Finmercado offers Payday, Debt consolidation.
Our verdict on each
Arab Islamic Bank
Arab Islamic Bank lends directly, and its fixed rate of 4.5% to 9% sits well below the 12.25% typical of the personal loans compared here. It suits salaried applicants in PS who can show documented income and commit a salary transfer, though the $80,000 ceiling will not stretch to very large borrowing.
Finmercado
Finmercado suits Mexican borrowers who need a small personal loan in the bank account the same day, with a soft prequalification and no origination fee. The trade-off is cost, with an informative CAT starting at from 677.47% and a short term, so this is a bridge rather than long-term credit.
Score breakdown
| Area | Arab Islamic Bank | Finmercado |
|---|---|---|
| Cost | 9.5Higher | 8.8Cost rests on the rate: the informative CAT starts at from 677.47%, with terms of 2 to 12 keeping balances short. |
| Offer | 9.4HigherFixed-rate lending at 4.5% to 9% for up to $80,000 over 84, underwritten directly by the bank. | 8.8 |
| Trust | 9.3Higher | 8.1 |
Positions in our rankings
| Ranking | Arab Islamic Bank | Finmercado |
|---|---|---|
| Personal loans | 253 of 1932 | 40 of 1932 |
| Secured loans | 37 of 472 | 7 of 472 |
| Business loans | 40 of 435 | 6 of 435 |
| Private student loans | 14 of 167 | 4 of 167 |
Feature by feature
| Loan types | Arab Islamic Bank | Finmercado |
|---|---|---|
| Personal | Yes | Yes |
| Payday | No | Yes |
| Debt consolidation | No | Yes |
| Secured | Yes | Yes |
| Car | Yes | No |
| Business | Yes | Yes |
| Student | Yes | Yes |
Also worth a look
Prestamiau ES has apr at 0% to 36%, against 4.5% to 9% for Arab Islamic Bank and from 677.47% for Finmercado.
Prestamiau ES reviewWhat we checked
Arab Islamic Bank
- aib.ps: 12 facts, checked September 26, 2026
Finmercado
- finmercado.mx: 17 facts, checked September 26, 2026
Every fact side by side
| Fact | Arab Islamic Bank | Finmercado |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Not confirmed | Same day funding |
| Legal entity | Arab Islamic Bank | SIA JEFF |
| Headquarters | Palestine | Mexico |
| Founded | 1995 | Not confirmed |
| Support channels | Phone, Chat | Email, Chat, Help centre, Community |
Where each stands against the rest
| Fact | Arab Islamic Bank | Finmercado | Median |
|---|---|---|---|
| APR | 4.5% to 9%below the median | from 677.47%highest quarter | 8.99 |
| Term | 84 monthsabove the median | 2 to 12 monthslowest quarter | 60 months |
| Origination fee (%) | Not confirmed | 0%below the median | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Arab Islamic Bank
Pros
- Fixed-rate lending at 4.5% to 9%, well under the 12.25% seen across the personal loans compared here.
- A term of 84 runs past the 60 term at the upper end of that comparison, so each instalment stays smaller.
- Direct lending across personal, car and student purposes, with the bank underwriting the application rather than a broker.
Cons
- Support runs on phone and chat only, so there is no other listed route to the bank.
- Only a fixed rate is offered, with no variable option to move to if the fixed period ends.
- Eligibility is strict: proof of occupation, a salary transfer commitment or a suitable guarantee, and a cap on the salary deduction.
Finmercado
Pros
- No fee for taking out a personal loan, since the origination fee is 0 MXN
- same day funding is offered and the deposit goes straight to your bank account
- The online application takes a few minutes, and partner lenders answer in minutes
Cons
- Fees are not the problem, interest is: from 677.47% is an informative rate and the representative example shows a total repayable well above the amount borrowed
- Terms run 2 to 12, so a larger balance has to be cleared quickly
- Support runs on email, chat and help centre only, with no phone line
Who each suits
Arab Islamic Bank
Who it suits
- Salaried applicants in PS who can commit a salary transfer and show proof of occupation.
- Borrowers who price on rate alone, since 4.5% to 9% sits below the 10% to 23% at Monzo Flex.
- Borrowers who want fixed-rate lending across personal, car and student purposes from the same bank, rather than the PHP 12 to PHP 36 shown at Cashspace.
Who should look elsewhere
- Anyone after interest free borrowing, because the rate here is fixed at 4.5% to 9% rather than the 0% shown at Cashspace ES.
- Applicants who cannot show proof of occupation or commit a salary transfer, since eligibility needs either that or a suitable guarantee, and the cap on the salary deduction narrows who clears the bar.
Finmercado
Who it suits
- Mexican residents with an INE and an active bank account who need a personal loan quickly
- Borrowers with poor credit who want a soft prequal check before a full application
- Anyone covering home improvement without paying an origination fee of 0 MXN
Who should look elsewhere
- Borrowers who can clear a mainstream credit test, since Monzo Flex quotes 10% to 23% against the from 677.47% Finmercado starts at
- Anyone needing a repayment window longer than 2 to 12
- Readers who want to talk a lender through by phone, since support runs on email, chat and help centre
Current offers
Arab Islamic Bank
Current offer
Bonus
Bank in your hand and prizes await: monthly iPhone 17 Pro Max or $100 daily: iPhone 17 Pro Max monthly or 100 USD daily
Every transaction carried out through the Mobile Bank app is an entry chance
Source, checked September 26, 2026
Country by country
| Country | Arab Islamic Bank | Finmercado |
|---|---|---|
| Mexico | No | Yes |
| Palestine | Yes | No |
Questions about each
Arab Islamic Bank
What rate do I pay on a loan from Arab Islamic Bank?+
Arab Islamic Bank lends at 4.5% to 9%, and that rate is fixed, so the figure holds for the life of the loan. Personal loans compared here run around 12.25% at the median, which puts this lender on the cheaper side. Ask for the rate that applies to your own application, since the offer depends on your profile.
How much can I borrow?+
Borrowing runs to $80,000 on the personal loan, well above the €556.48 typical of the personal loans compared here, and it ranks 42 on amount. The bank also covers personal, car and student lending, so other purposes sit in the same place. Repayment can stretch to 84.
Finmercado
How much does borrowing from Finmercado cost?+
The informative CAT starts at from 677.47% and the origination fee is 0 MXN, so nothing is charged for setting the loan up. The representative example shows where the cost really sits: a small personal loan repaid over a short run of fortnightly payments, with a monthly interest rate quoted before VAT and a total repayable well above the amount borrowed.
Is there an arrangement fee to pay?+
The origination fee is 0 MXN, and no percentage charge sits on top because that figure is 0%. The whole cost therefore falls on the interest, which means the rate offered and the length of the term decide the bill rather than the setup.
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