QIB LOANS FOR BMW VE­HI­CLES

Qatar Today - - BUSINESS > MARKETWATCH -

Al­far­dan Au­to­mo­biles has signed a first-ever ex­clu­sive part­ner­ship with Qatar Is­lamic Bank (QIB) to pro­vide Is­lamic fi­nance so­lu­tions to their cus­tomers. An agree­ment to this ef­fect was signed by Al­far­dan Group, COO Mo­hammed Kan­deel and QIB Gen­eral Man­ager (Per­sonal Bank­ing group), D Anand.

In his com­ments, Mo­hammed Kan­deel says: “The agree­ment is im­por­tant be- cause for the first time ever we are able to of­fer ex­clu­sive Is­lamic fi­nance so­lu­tions to our cus­tomers through one of the pre­mier fi­nan­cial in­sti­tu­tions in Qatar.”

Anand says the agree­ment pro­vided added value ben­e­fits to QIB and Al­far­dan cus­tomers. “This strate­gic tie-up is yet another proof of our on-go­ing strat­egy to strengthen our po­si­tion in pro­vid­ing Sharia com­pli­ant fi­nanc­ing so­lu­tions,” he adds.

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