Al Baraka Islamic Bank relaunches its Ramadan car show offers

Al Baraka Islamic Bank, one of the leading Islamic banks in Bahrain, announced the re-introduction of car financing offers during the holy month of Ramadan, accompanied by a package of exclusive and exceptional benefits, in the wake of the great success achieved by the offers of the first joint car show of its kind in the Kingdom, in a step that reflects the bank’s continued commitment to providing innovative banking solutions that meet customers’ aspirations and enhance their experience during the holy month.

This step comes within the bank’s approach to build on the qualitative successes of its previous initiatives, and to provide flexible, value-added financing programs that combine ease of procedures and competitive advantages, which contributes to enabling customers to make informed decisions when financing their cars, in an interactive Ramadan atmosphere that reflects the bank’s closeness to its customers and its awareness of their changing needs.

The Ramadan offers include a package of exclusive incentives, including draws on the “Installments on Us” program for 12 winners, under which the winners receive coverage of their car financing installments for a period of six months, according to the amount of financing due.

The offers also include cash rewards allocated to customers who complete the procedures for financing their cars early, as 12 winners who are the first to apply for financing will receive lucrative cash rewards.

Head of Retail Banking at Al Baraka Islamic, Mazen Dhaif, said: “The return of the car showroom offers during the holy month of Ramadan reflects the bank’s keenness to build on the success achieved by the previous campaign, and provide qualitative financing benefits that are in line with our customers’ aspirations and needs during the holy month. We have carefully designed these offers to give customers real value and a more flexible and smooth financing experience, within a framework compatible with the provisions of Islamic Sharia.”

For his part, the head of branches and sales at the bank, Ali Al-Darzi, said: “The extension of Al Baraka Auto Show offers during the month of Ramadan comes in response to the great demand and positive interaction witnessed in the previous campaign. Through this campaign, we seek to continue providing competitive financing solutions supported by lucrative incentives, enabling customers to benefit from the available opportunities and achieve their aspirations.”

Al Baraka Islamic Bank is considered one of the most prominent Islamic banks in Bahrain. Since its establishment in 1984, it has succeeded in achieving outstanding 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.