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DIB launches 3.70 per cent Murabaha car financing scheme during Ramadan
- United Arab Emirates: Thursday, October 14 - 2004 at 15:27
- PRESS RELEASE
Dubai Islamic Bank is launching one of the country's most competitive car financing plan during Ramadan.
The Bank's latest car financing campaign, builds on the success of past promotions, and is expected to draw huge interest from customers across the UAE. DIB has become the number one choice in the country for car buyers looking for sound financing. "DIB is constantly on the lookout to provide the best offers and services for its customers, especially during Ramadan. This new offer is expected to attract a large number of potential car buyers all over the Emirates especially that DIB is the leader in the car financing industry in the UAE. This shows our commitment to provide the best possible solutions for our customers" Abdulla Al Shamsi, Vice President Sales, DIB said.
DIB guarantees total customer satisfaction, ensuring the customer that he/she has made the right decision. With no down payment, competitive profit rate, insurance and service finance DIB's car purchase procedures are fast, convenient and easy. Once finance details are agreed, the bank proceeds to buy the vehicle and then resells it to the customer in monthly installments with no hidden costs or penalties.
Throughout the promotion, extending to the end of Ramadan, customers can visit any of DIB's four car showrooms (Emirates Trade Centre) to obtain information about the latest models available taking advantage of the bank's special financing package. Customers also have the option of visiting one of DIB's many branches across the UAE or talking with one of the sales representatives in the dealership show rooms.
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Notes and media contacts
For further information, please contact:Sameh Hamtini/ Daniel Camara
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
Established on 1975, Dubai Islamic Bank is considered to be the first Islamic bank in the world that has implemented the principles of Islam in all its practices. It was founded with the active assistance of the UAE Government, the Central Bank and the people of the UAE. The economic and business philosophy of Islam encourages generation and sharing of profits. However, it forbids giving or taking of interest. Leveraging the strengths of Islamic business and economic concepts on one hand and state-of-the-art banking technology on the other, DIB creates partnerships with its customers to generate profits, which are then shared with them. DIB has created a vast array of Islamic banking and finance products to suit every conceivable need of its customer.
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