Jul 30 2011 |
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Sharjah Islamic Bank launches 'Best Deal-on-Wheel' Promotion
Sharjah Islamic Bank ( SIB ) has announced the launch of its new 'Best Deal-on-Wheel' car finance promotion. Running until 18 October 2011, this exciting new promotion will offer customers one of the lowest profit rates around - starting from 3.49 percent (or 6,53% on reducing basis) - as well as a free petrol voucher to the value of AED500, regardless of the financed amount.The promotion forms part of SIB 's new policy, whereby various improvements - including salary requirements, credit policy requirements and down payment requirements - have been made on car finance product to include a wider audience, and is open to salaried people of all nationalities living in the UAE.
Said Mr. Jassem Al Baloushi, Head of Retail Banking: "At Sharjah Islamic Bank we continuously strive towards offering innovative financing solutions and through the 'Best Deal-on-Wheel' promotion we endeavour to make the financing experience for both new and used cars hassle-free, convenient, and rewarding."
-Ends-
Sharjah Islamic Bank , formerly known as National Bank of Sharjah, was founded by an Amiri decree issued by H.H. Dr. Sultan Bin Mohammed Al Qassimi, Member of the Supreme Council, and Ruler of Sharjah, to provide commercial banking services to firms and individuals. Originally a conventional bank, Sharjah Islamic Bank became the first in the world to convert successfully to Islamic banking in 2002. Since then, all operating systems and procedures have been modified to facilitate this conversion and all employees trained in Islamic banking.
For more information, please contact:
Ali Yousif
SAHARA Communications
Tel: +971 4 3298996
Fax: +971 4 3298995
Mob: +971 50 3405134
Email: ali@saharagcc.com
Website: www.saharagcc.com
© Press Release 2011
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