MUSCAT : Aiming to enhance relationship with its individual and corporate partners, Meethaq Islamic Banking from Bank Muscat, organized a special event for its partnership with auto dealers and car showrooms in Muscat in presence of a number of officials from Meethaq and representatives of these institutions.

On the occasion, Sami Bait Rashid, Assistant General Manager – Meethaq Retail Banking, said: “This event is one of the initiatives undertaken by Meethaq to strengthen partnerships with our valued business partners. Such initiatives create opportunities to explore new horizons for mutual cooperation and reflects Meethaq’s commitment to developing the banking services and facilities offered for individuals and corporates. Ultimately, this will enhance the quality of products offered, promote financial inclusion and provide a wide range of options that meet customers’ needs and aspirations. I would like to extend our heartfelt appreciation for our automotive partners for their efforts and continuous support.”

Throughout its long journey in the Islamic Banking sector, Meethaq has been keen to establish close relationships with automotive dealers and companies in various governorates of the Sultanate in order to meet customer requirements while working to develop its banking services and facilities. These services were developed based on a detailed study of customer needs, reinforcing Meethaq’s commitment to delivering tailored financial solutions.

During the event, partners were given a briefing on Meethaq Auto Finance product, applicable policies, turnaround time and various campaigns which contribute towards providing world class services to customers and support them in acquiring their dream car. Meethaq customers are eligible for up to 80% financing on their vehicles purchase, with reduced payments and extended financing tenure of up to 10 years. Customers can benefit from the multiple banking services and quick and flexible procedures to complete the transactions.

As Oman’s leading provider of Sharia-compliant financial services, Meethaq Islamic Banking offers a comprehensive range of products and services. With a network of 32 branches across the Sultanate, Meethaq ensures enhanced accessibility through its dedicated banking network and provides with free access to over 900 ATMs and CDMs under Bank Muscat. Every Meethaq product is created in accordance with the guidelines of the Central Bank of Oman and undergoes Shari’a compliance review and certification by the Shari’a Supervisory Board.

Meethaq has been recognised over the years through numerous local, regional and international accolades, this reflects the bank’s commitment to excellence in Islamic finance. These include Best Digital Islamic Bank Award and the Market Leadership Award from Global Finance, Best Islamic Banking Window Award at the Thimar Excellence Awards by The Arabian Stories, as well as Oman’s Most Trusted Brand Award from Apex Media.

For more details about Meethaq’s Auto Financing, please go to https://www.meethaq.om/en/consumerfinancing/Pages/details.aspx#car or call on 24656666.