The two-month campaign offers competitive profit rates, comfortable instalments, an optional 6-month grace period, a credit card with up to 6,000 reward points as a welcome bonus. This is in addition to a draw for 10 customers at the end of the campaign to receive 6 months fully paid instalments, with a maximum monthly instalment of 150 BD, while deductions will commence after a year of obtaining the finance. The campaign also promises quick and efficient administrative procedures for approvals.
On this occasion, Mr. Mazin Dhaif, Head of Retail Banking at Al Baraka Islamic Bank, commented: “This campaign aligns with our ongoing commitment to deliver a fulfilling and exceptional banking experience to our esteemed customers, particularly during significant occasions like the holy month of Ramadan. We are thrilled to commemorate the beginning of this holy month by introducing exclusive and innovative campaigns that cater to our customers’ needs and reward them for selecting us as their banking partner.”
He added: “I take this opportunity to invite our valued customers to avail this exclusive offer, which ensures ownership of their dream car through convenient instalments and additional benefits. Customers can take advantage of no down payment, deferred payments for up to 6 months for all participants and up to a full year for campaign winners, providing them with financial relief during the holy month and beyond.”
Al Baraka Islamic Bank offers auto finance for new and preowned cars to both citizens and residents over the age of 21. For more information on financing solutions, customers can visit the website www.albaraka.bh or contact the bank via calling or WhatsApp on 13300400.