Cash prizes included: Al Baraka Islamic Bank expands special offers on car financing during Ramadan

TDT | Manama

Email: mail@newsofbahrain.com

Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has announced that its ongoing exceptional “12X12X12” auto finance campaign continues to provide a unique opportunity for those seeking car financing, where the bank will pay 12 months instalments for 12 lucky customers.

 This initiative allows customers to secure the financing and rewarding them for their choice, reflecting the bank’s commitment to providing innovative financial solutions tailored to clients’ needs.

 In addition to this ongoing promotion, and on the occasion of the advent of the Holy Month of Ramadan, the bank also announced an additional benefit, allowing customers who apply during this promotional period to avail the opportunity to receive cash rewards of up to BD 200, exclusively set aside for the first 70 clients, as well as additional rewards. The promotion also includes a very attractive and competitive profit rate, making it an ideal option for customers looking for car finance during the Holy Month.

Furthermore, the bank offers a grace period of up to six months, allowing customers to repay their indebtedness with greater flexibility and without the immediate pressure of payments at the start of the repayment period.  

The promotion features swift approval and an easy, efficient processing of applications within one day, ensuring a convenient experience for customers. This initiative underscores the bank’s dedication to delivering high-quality services that encompass all aspects of financing, reaffirming Al Baraka Islamic Bank’s persistent commitment to meeting customer needs.  

Commenting on the occasion, Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank Bahrain, stated: “We are delighted to introduce these special car financing offers during the blessed month of Ramadan, reflecting our dedication to providing distinctive and suitable financing solutions for all customers. We recognise the significance of this month for our clients, and we are committed to offering real value through these unique promotions.”  

He added: “I encourage all valued customers to take advantage of this exceptional opportunity, as accessible car financing plays a vital role in helping them fulfil their aspirations and meet their needs. We are continuously working on innovating new offers to meet their expectations, and we thank them for their unwavering support and engagement with us during this period.”