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Alizz Islamic Bank launches Auto Finance with no mortgage requirement

The offer is available to all individual customers – Omanis and residents - from the public sector, semi-governmental or private sector institutions.

TAS News Service

info@thearabianstories.com

Tuesday, July 2, 2024

MUSCAT : As part of its efforts to meet customer needs by providing Shari’a-compliant financial solutions, Alizz Islamic Bank has announced the ability to avail Auto Finance with no mortgage required. The offer does not require salary transfer for customers who will avail the auto finance offer via post-dated cheques (PDCs) and includes attractive profit rates.

The offer is available to all individual customers – Omanis and residents – from the public sector, semi-governmental or private sector institutions.

Commenting on this new Auto Finance feature, Saif Abdullah Al Yahyai, Head of Retail Banking at Alizz Islamic Bank, said: “We continuously strive to understand the market and meet our customers’ needs and that is why we introduced this new feature of having auto finance with no mortgage requirement in order to ease the process for the customer. At Alizz Islamic Bank we develop our offers, services and products based on a comprehensive approach to ensure a seamless customer experience journey”.

Alizz Islamic Bank is proud to make the experience of its customers easy and flexible through the products and financing offers it provides and the bank has been focusing heavily on enhancing its banking solutions to meet the needs of all segments of society.

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