Alizz Islamic Bank Signs Shariah Home Financing Agreement with Zain Property Development Supporting Oman’s Economy
May 05, 2021
Oman-based businesses Alizz Islamic Bank and Zain Property Development have signed a cooperation agreement whereby Alizz Islamic Bank will offer Shariah-compliant home financing solutions to those that wish to acquire homes in the residential complexes that are being developed by Zain Property Development. Alizz Islamic Bank would provide financing facilities, flexible payment options, and speedy and smooth procedures for customers of Zain Property Development projects.
Why it Matters?
The signing of this agreement is in line with the strategy of Alizz Islamic Bank, as it aims to widen its partnership with various real estate development companies in Oman in order to contribute to strengthening and diversifying the local economy.
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