Dubai Islamic Bank launches Al Islami Auto Finance during Holy Month of Ramadan

The promotion will offer competitive profit rates starting from 3.99 per cent, financing up to 72 months, First payment after 60 days and an attractive insurance and service contract. The promotion witnessed a very high demand since its launch at all DIB branches across the country.

Mohammad Al Ameery, Senior Vice President, Retail and Business Banking Services, DIB, said: "We are delighted to announce the launch of this unique promotion during the Holy Month. This initiative comes in line with our vision to meet the ever-increasing demand for quality Islamic banking products and services."

"DIB is the UAE's leading provider of vehicle finance, an achievement that is a testimony to the highly competitive rates and terms, consistent quality of service and cost-effective insurance cover that the bank offers. Al Islami Auto Finance is a unique Sharia-compliant alternative to conventional vehicle purchase schemes as it carries no hidden costs,"

he added.

He continued: "This Ramadan promotion reflects DIB's proud tradition of providing world-class services to our valued customers across the UAE and the wider region. We are especially pleased to extend this offer during Ramadan, a period that is marked by a spirit of generosity and shared values."

"Our modern and convenient banking solutions ensure that DIB offers you a unique approach to retail banking. We also offer the most extensive network of branches and ATMs across the UAE," Ameery concluded.