Al Baraka Islamic Bank organizes the first joint car exhibition of its kind in Bahrain

Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, announced the organization of a joint car exhibition, the first of its kind in the Kingdom of Bahrain, bringing together under one roof an elite group of accredited car dealers alongside the bank as a provider of financing solutions, in an initiative aimed at providing an integrated experience for customers, enhancing presence in the market and stimulating car sales ahead of the holy month of Ramadan.

This unique initiative comes within Al Baraka Islamic Bank’s approach to innovation in providing financing solutions, and expanding direct communication channels with customers, by transferring banking services from the traditional framework to integrated interactive experiences that allow customers to compare, choose and benefit from car offers and financing options in one location and with easy procedures.

The exhibition will be held during the period from January 29 to 31 in the Al Dana Mall parking lot, which is characterized by easy access, and with the participation of more than 12 authorized car dealers, where spaces have been allocated to display vehicles, and introductory pavilions for each partner, in addition to platforms dedicated to receiving visitors and providing financial support on site, and with the participation of Takaful International Company as an official insurance partner providing Takaful insurance solutions.

Visitors will be able to view a wide range of vehicles from multiple brands, learn about exclusive offers, and apply for car financing directly, in addition to opportunities to obtain lucrative cash rewards during the exhibition period.

Within the exhibition activities, Al Baraka Islamic Bank is offering a package of exclusive financing offers, including the opportunity to win the “Installments on Us for Six Months” program for 12 winners, in addition to cash rewards allocated to 12 winning customers who complete the procedures for financing their cars early, as well as instant cash prizes and interactive activities at the event site. The offers also include flexible car financing benefits, including an optional grace period of up to six months, an exemption from management fees, and an optional down payment option, in addition to exclusive Takaful insurance solutions for vehicles in cooperation with the International Takaful Company.

On this occasion, Mazen Dhaif, Head of Retail Banking at Al Baraka Islamic Bank, said: “This exhibition represents a strategic step within the bank’s efforts to enhance its presence in the market and provide real added value to our customers, especially as it coincides with the launch of our Ramadan campaign and special car financing offers, which provides visitors with an ideal opportunity to benefit from exceptional and exclusive benefits during the event period.”

He added: “At Al Baraka Islamic Bank, we are moving towards creating qualitative initiatives that are in line with the changing aspirations of customers, and support the growth of the consumer finance sector in a responsible manner and compatible with the provisions of Islamic Sharia, stressing our commitment to continuing to develop solutions that put the customer’s needs at the forefront of our priorities.”

For his part, Ali Al-Darzi, Head of Branches and Sales at Al Baraka Islamic Bank, said: “We at Al Baraka Islamic Bank are proud to organize this unprecedented event, which embodies our passion for providing an integrated customer experience that goes beyond the traditional concept of car showrooms. We were keen to bring together an elite group of accredited car dealers under one roof, to enable customers to see, compare and choose the car of their dreams with ease and clarity, and benefit from early and exclusive Ramadan offers during the exhibition period, in addition to instant prizes for the bank’s customers at the event site.”

Al Baraka Islamic Bank is considered one of the most prominent Islamic banks in the Kingdom of Bahrain. Since its establishment in 1984, it has succeeded in achieving distinguished results in its banking services directed to individuals and companies. It has a long track record in the field of innovation and providing investment and financing solutions that are compatible with the provisions of Islamic Sharia. The bank also continues to play its leading role in supporting social responsibility and sustainability initiatives, occupying a prominent position among the leading banks that provide Islamic banking services to its customers around the world.

For more information, valued customers can visit the website www.albaraka.bh, follow the bank’s verified page on the Instagram application, or call 13300400.