With competitive profit rates, low monthly installments and cash back reward valued at BD2,000
One of the pioneering Shari’a-compliant banks in the Kingdom, Al Salam Bank-Bahrain announced the signing of a Memorandum of Understanding (MoU) with Burooj Property Development offering an exclusive promotion with a range of benefits that includes flexible financing tenor period, competitive profit rates and cash back rewards up to BD 2,000 to customers wishing to buy luxurious apartments in Burooj Residence located at the lagoon in Amwaj Island. In addition to this, customers will also enjoy special discount on property annual service fee.
Present at the signing ceremony held at the Bank’s headquarter office in the Bahrain World Trade Center were Mr. Anwar Murad - Deputy Group CEO of Banking at Al Salam Bank-Bahrain, Mr. Khalid Mahmood, Founder of Burooj Residence Property Development along with senior officials from both institutions.
Burooj Residence Amwaj Island is a 22-storey tower with a total of 86 high-end European interior finished residential units that includes two and three bedrooms, size ranges between 134.7 square meters and 360 square meters, 7 different designs with key features that consist of premium facilities with lounge area, spacious balcony with a spectacular lagoon view, swimming pool, sauna and steam rooms, and fully-equipped gym.
Speaking at the signing ceremony, Mr. Anwar Murad Deputy Group CEO – Banking of Al Salam Bank-Bahrain said, “We are delighted to enter in a strategic partnership with Burooj that is in line with our continuous commitment to endeavor our efforts to bring customers with new banking services and unique product offerings that complements their lifestyle needs. Customers can now take advantage of our exclusive benefits when applying for Dari Property financing to buy any of Burooj Residence units featuring our competitive rates, lower monthly installments, special discount on property annual service fee and cash back rewards valued at BD 2,000.
Mr. Anwar further added, “This strategic partnerships is amongst other recent deals which the Bank signed with reputed real estate developers and hoping that we brings more valuable benefits to the end-users.”
Further information on the Bank’s property financing details, please contact our dedicated Sales Managers – Mohammed Al Refaie: 39393139 or Abdulsamad Abdulkhaliq: 39444274 or contact our customer care service (+973)17005500 for assistance.