QIB LOANS FOR BMW VEHICLES
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.