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Alizz Islamic Bank partners with Al Abrar Real Estate to offer home finance facilities in the ‘Hay Al Wafaa’ Project

Alizz Islamic Bank strives to partner with various real estate development companies, with the aim of providing multiple financing solutions to customers in purchasing homes that match their needs and financial capability across the Sultanate.

TAS News Service

info@thearabianstories.com

Sunday, February 9, 2025

MUSCAT : Alizz Islamic Bank recently partnered with Al Abrar Real Estate to provide home financing solutions for the bank’s customers who wish to own a home in the ‘Hay Al Wafaa’ Project in Sultan Haitham City.

The agreement was signed by Mr. Saif Al Yahyai, Acting Chief Retail Banking Officer at Alizz Islamic Bank on behalf of the bank and by Mr. Salim Al Siyabi, Chairman of Al Abrar Real Estate on behalf of Al Abrar Real Estate.

Under this agreement, customers will receive competitive financing rates to purchase residential units in the ‘Hay Al Wafaa’ project located in Sultan Haitham City and that will span one million square metres comprising of a total of 1,800 residential units of different sizes and high-quality specifications. The project includes family-friendly amenities such as a school, three kindergartens, a cultural center, shopping gallery, a community center, a private hospital and state medical clinic, two mosques, children’s and sports playgrounds; all connected to other areas of Sultan Haitham City by eco-friendly public transport including a bus stop near the residential complex. Green landscaped territory surrounds the homes in Hay Al Wafaa, with gardens, walking zones and a family park as the project’s green heart.

Al Abrar Real Estate was established as an integral part of the Al Siyabi International Group, founded in 1997, reflecting an exceptional vision for creativity and innovation. It has excelled in providing design services with uniqueness and distinction, focusing on a diverse range of areas including shopping centers, offices, hotels, multi-use complexes, and residential buildings.

Alizz Islamic Bank strives to partner with various real estate development companies, with the aim of providing multiple financing solutions to customers in purchasing homes that match their needs and financial capability across the Sultanate.

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