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21/01/2010 00:00 AST
International Bank of Qatar’s Islamic banking arm has launched the ‘Al Yusr ijara mortgage solutions’, which is available to all nationals seeking to buy property throughout Qatar.
Developed under the ijara ‘Muntahia Bittamleek’ structure, the home finance scheme comes with several features including competitive profit rates, simple and easy approval process, and a high level of personalised service from the bank’s specialised team of professionals.
The launch of the Al Yusr ijara home finance marks the fourth new product offering from the banking service within four months, following the launch of its car murabaha, personal finance solution and super savings account.
“As the latest addition to our line of innovative banking solutions, the Al Yusr ijara home finance product completes our Islamic banking suite, which now includes savings, investment and financing products…In 2010, we plan to continue this momentum by developing more innovative and contemporary banking solutions that deliver optimal value, while maintaining the highest standards of Shariah compliance,” said Hassan al-Mullah, head of Islamic banking.
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Ticker | Price | Volume |
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SABIC | 114.77 | 5,915,941 |
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