Khaleej Times

EMC, ADIB offer deals to Mercedes customers

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abu dhabi — Mercedes-Benz customers in Abu Dhabi can now benefit from unique finance options for their vehicle due to a new partnershi­p agreement between Emirates Motor Company (EMC), Mercedes-Benz Finance and Abu Dhabi Islamic Bank (ADIB).

EMC, the authorised Mercedes-Benz distributo­r in Abu Dhabi and the flagship company of Alfahim, will now be offering its customers various finance solutions through ADIB that will allow customers to purchase their dream car using affordable low-risk options.

The Mercedes-Benz Finance label programme products are structured through the Shariah principles of Murabaha and Musawamah and going forward customers will be able to avail specially designed finance packages, on new or used Mercedes Benz cars of their choice, in an Islamic Shariah-compliant manner.

Customers will benefit from deposit assistance, deferred payments, attractive monthly installmen­ts and the option of short tenure contracts — all serviced through the trusted expertise at ADIB and exclusivel­y through Emirates Motor Company and Eastern Motors showrooms.

General manager of EMC Commercial Vehicles Chris Edwards said: “Due to the inconsiste­nt market conditions in recent years, more of our customers are looking for reasonable and trusted financing solutions that will help them buy their dream Mercedes-Benz cars.

Philip King, head of Retail Banking at ADIB, said: “This partnershi­p with EMC will allow their customers to benefit from our Shariahcom­pliant products and purchase any of Mercedes-Benz car at highly competitiv­e profit rates.”

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