Times of Oman

Goods finance made easy by Maisarah and Emax

As per the agreement, Maisarah will extend its support to Emax customers by financing goods selected by shoppers under the eligibilit­y terms and conditions stipulated by the Islamic window

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MUSCAT: To further enrich its customer experience, Maisarah Islamic Banking Services – BankDhofar’s Islamic window - has signed a Memorandum of Understand­ing (MoU) with Emax to facilitate goods financing option for customers.

The MoU was signed bilaterall­y by Jamsheed Hamza, Maisa- rah’s head of Retail Banking, and Mohammad Imbesat Afroz, Operation manager of Emax during a signing ceremony that took place recently at Muscat City Centre in Mawaleh.

As per the agreement, Maisarah will extend its support to Emax customers by financing goods selected by shoppers under the eligibilit­y terms and conditions stipulated by the Islamic window.

Hamza said: “The agreement with Emax comes as part of our concentrat­ed efforts to offer easy financing options for our customers across the Sultanate. Maisarah will continue to partner with reputed retailers in Oman to enable customers to own the goods they wish to have through Sharia-compliant financial solutions, products and services.”

The offer adds to the wide range of Islamic financial solutions, innovative products and bestin-class services that Maisarah offers to cater to the needs of its retail and corporate customers. These solutions include: travel finance, credit card, home finance, auto finance, education finance, prize account, savings account, current account, fixed deposit, Ameen term deposit, working capital finance, goods finance, property finance, equipment and project finance, Wa’ad product (alternate to forward cover), as well as trade financing solutions such as letter of credit and letter of guarantee services.

“At Emax, it is our endeavour to provide our customers with exceptiona­l value. The tie-up with Bank Maisarah gives our customers the convenienc­e to select from our extensive solutions through affordable financing options,” Afroz added.

To further enrich its customer experience, Maisarah continuall­y joins hands with various businesses across Oman, offering financial solutions that fulfil the needs of the customers and meet their aspiration. As part of its future growth plan, the Islamic banking service provider plans to distinguis­h itself by focusing on prominent customer service, developing and launching new products, and investing in technology to provide the best customer experience in timely and convenient manner.

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