BisB partners with Diyar Al Muharraq

TDT | Manama

Email: mail@newsofbahrain.com

Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has partnered with Diyar Al Muharraq to provide exclusive mortgage financing solutions for “Suhail”, a premium waterfront residential project located in the northern islands of the development.

The agreement makes BisB the only bank in Bahrain to offer financing solutions for “Suhail” project prior to the readiness of the title deed. The full package includes up to 98% financing for the plots with no evaluation requirement, highly competitive rates, and fasttrack approval.

Situated within one of Bahrain’s most ambitious master planned developments, “Suhail” comprises prime residential plots with panoramic views across both the Main and Inner Canals. With plot sizes ranging from 360 to 1,114 square metres, the project offers prospective homeowners the opportunity to build their ideal waterfront residences in an amenity rich community built around interconnected waterways, public beaches, parks, and walkways. Mr. Faisal Al Abdulla, Chief Retail Banking Officer at BisB stated, “We are pleased to collaborate with Diyar Al Muharraq to make it easier for families and individuals to secure prime residential land at one of Bahrain’s most prestigious developments. “Suhail” represents a lifestyle defined by tranquillity and an integrated urban design. By providing financing for this project, we aim to empower our customers to realise their dream of owning a bespoke seafront home.”

Mr. Mohamed Al Mahmood, Head of Sales at Diyar Al Muharraq, added: “ “Suhail” is a landmark project that brings to life the vision of modern waterfront living. By partnering with Bahrain Islamic Bank, we are providing prospective homeowners and investors with exclusive access to flexible financing solutions that make it easier to secure prime plots ahead of title deed readiness. This collaboration ensures that our customers can move forward with confidence in building their dream homes.”

Applications are open across all BisB Financial Malls and branches, while also being facilitated through the Bank’s sales team and Al Thuraya Premium Banking. The product targets Bahraini professionals earning over BHD 1,000, expatriates with equivalent income, and mass affluent families with a combined household income exceeding BHD 1,500.