The following are the few Financing Solutions that can be use for
financing an apartment in Kingdome of Bahrain.
BBK (Bank of Bahrain & Kuwait)
Amongst most financial institutions today, it is very rare to see a true display
or expression of character. At BBK, the developments at hand are very much about
introducing the bank's true identity and persona to the public.
Reef
Islamic Mortgage financing to prospective investors. This will be extended
through its popular Ljarah Muntahia Bitamleek or lease to Own Programme.
According to the agrrement, They offer up to BD 350,000 ( US$ 920,000) for a
period ranging between 5 to 22 years. With salary requirements as low as BD
350.000 per month, customers will be able to avail flexible monthly repayment
helping them accommodate their other financial commitments. Commenting on the
signing of the agreement, Dr.Khalid Abdullah, CEO of Reef said " Owing a home is
a realization of a lifelong dream and Reef is firmly committed to fulfilling
that dream by making it more affordable and convenient."
Sakana
Sakana is built through a 50:50 partnership between two leading banks - BBK and
Shamil Bank, Bahrain. The combined knowledge, experience and expertise of
shareholders enable us to be the vehicle of innovative and encompassing
solutions provider to the housing and real estate sector.
Sakana's Shari'a compliance ensures adherence to Islamic finance principles and
providing a solid foundation for developing modern Islamic business practices.
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