The move is further testimony to Al Yusr Islamic banking service's commitment to developing unique and innovative financing solutions that address the varying needs of different customers through enhanced flexibility and repayment structures.
The Tawarroq personal finance solution offers customers highly competitive profit rates, fast approvals, and rewarding and flexible financing terms.
Hassan Al Mulla, Head of Islamic banking, IBQ, commented:
"With the strength of Islamic banking in mind, and in line with our core values of innovation and commitment to quality, we are continuing to work hard on building our portfolio of Sharia-compliant offerings. We recently launched our Car Murabaha offering, and we also opened our Al Yusr Islamic banking service retail branch in May 2009. You can expect to see more superior Islamic products launched before the end of the year."
Al Mulla went on to highlight the level of flexibility, "Everybody is different and we all have unique needs - we believe this is very important and try to build flexibility into all of our products. Tawarroq personal finance is no exception. We have specially trained professionals who are there to help customers find the best solution to fit their needs."
The Al Yusr Islamic banking service offers a comprehensive range of banking and finance products to suit all needs.
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