The company will showcase its Sharia compliant mortgage finance offerings during IREIS which is being held from 27th to 29th January 2009 at the Abu Dhabi National Exhibition Centre.
"Investors are opting for financing options based on Sharia in greater numbers than ever before, and we believe that Al Wifaq is well positioned to address this tremendous market potential," said Irshad Shirazi, General Manager Al Wifaq.
"Al Wifaq has grown steadily since its inception more than two years ago and we are very pleased to participate in the IREIS, a key event for the real estate and related sectors," added Mr. Shirazi pointing out that Al Wifaq has a number of excellent property investment options that are currently available for sale to visitors at the Al Wifaq stand at IREIS.
"IREIS offers us an important opportunity to position the Al Wifaq brand as we plan to launch a number of developments including major projects on Reem Island in Abu Dhabi shortly."
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Al Wifaq promotes home mortgage product at IREIS Abu Dhabi
- United Arab Emirates: Monday, January 26 - 2009 at 09:31
- PRESS RELEASE
For the second consecutive year, Al Wifaq Finance Company will be participating in IREIS 2009, in a bid to capitalize on the growing demand for Islamic finance products and services in the UAE.
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Notes and media contacts
Al Wifaq is a private joint stock company established in 2006. It is a subsidiary of Union National Bank, one of the UAE's leading banks and has a capital of about Dhs700m presently.Al Wifaq offers sharia compliant, retail, corporate and real estate financing services besides being engaged in property development. The company's Sharia supervisory board consists of distinguished and eminent scholars headed by Dr. Husssain Hamed Hasan, one of the leading Sharia scholars in the Industry.
For more information:
Maha Mahmoud Karara
UNB
Ph: 02 698 4809 (Dir)
Fax: 02 6741600
Brian Carvalho
Asda'a Public Relations
Ph: 02 6334133 (Ext: 286)
Fax: 02 6334233
Posted by Nadeen El AjouMonday, January 26 - 2009 at 09:31 UAE local time (GMT+4)
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