Times of Oman

Alizz Islamic extends auto finance campaign

The offer includes attractive profit rates; no salary transfer requiremen­t; and customers making their first payment after 2 months of purchasing new or used cars during the campaign period

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MUSCAT: Due to popular demand and as part of its efforts to meet customer needs by providing Sharia-compliant financial solutions, Alizz Islamic Bank has extended its ongoing special offer for Auto Finance to April 30.

The offer includes attractive profit rates; no salary transfer requiremen­t; and customers making their first payment after 2 months of purchasing new or used cars during the campaign period.

The offer is available to all individual customers – Omanis and residents - from the public sector, semi-government­al or private sector institutio­ns. It is also available for customers who will avail the auto finance offer via post-dated cheques (PDCs) without the need to transfer their salary. The customer will make their first instalment after 2 months. Furthermor­e, the bank also announced a waiver of all processing fees for any eco-friendly auto finance deal for an electric car or a hybrid car.

Commenting on the extension of the auto finance campaign, Saif Al Barwani, Head of Retail Products at Alizz Islamic Bank, said: “We are pleased that our Auto Finance offer has received an overwhelmi­ngly positive response from our customers. At Alizz Islamic Bank we continuous­ly strive to understand the market and meet our customers’ needs and that is why the campaign will continue to April 30; ensuring that more customers can purchase the car of their dreams.”

Alizz Islamic Bank is proud to make the experience of its customers easy and flexible through the products and financing offers it provides and the bank has been focusing heavily on enhancing its banking solutions to meet the needs of all segments of society

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