BisB to offer premium mortgage financing for Naseej projects
MANAMA, September 16, 2023
Bahrain Islamic Bank (BisB), a leading provider of Islamic digital banking services in Bahrain, has signed a memorandum of understanding (MoU) with Naseej, a leading property developer, to provide
Bahraini citizens premium mortgage financing coupled with a quick and smooth approval process.
The offering is available for customers interested in purchasing properties within Naseej's projects, including CanalView in Dilmunia Island, Nasayim Arad overlooking Arad Bay, and Basateen Villas in Busaiteen, Al Muharraq, said a statement.
The signing ceremony took place at BisB's headquarters in the presence of Jawad Humaidan, Chief Corporate and institutional Banking Officer at BisB, and Mohammed Al Shaikh, Head of Investments at Naseej, in addition to representatives from both entities.
Humaidan said: "Our partnership with Naseej reinforces our ongoing commitment to assist our customers in achieving their lifelong dream of homeownership. This initiative will also enhance our range of real estate financing offerings to cater to the diverse requirements of our valued customers."
Al Shaikh said: "We are delighted to collaborate with BisB to promote our portfolio of real estate projects, which includes a variety of advanced and integrated options and services suitable for the lifestyle of Bahraini families, promising that this partnership will provide our valued customers with wider options and better services in order to reach their satisfaction and facilitate various and integrated services for them."
Naseej recently participated in BisB's first Mortgage Exhibition, which aimed to showcase the bank's mortgage financing services and the newest housing financing solutions and real estate projects across Bahrain. – TradeArabia News Service