Al Salam Bank, Burooj in deal

Manama : Al Salam Bank-Bahrain announced the signing of a Memorandum of Understanding (MoU) with Burooj Property Development offering an exclusive promotion with a range of benefits to buy luxurious apartments in Burooj Residence located at the lagoon in Amwaj Island.

The deal includes flexible financing tenor period, competitive profit rates and cash back rewards up to BD2,000. This is in addition to the special discount on property annual service fee, according to the statement.

Present at the signing ceremony held at the bank’s headquarter office in the Bahrain World Trade Center were Anwar Murad - Deputy Group CEO of Banking at Al Salam Bank-Bahrain, Khalid Mahmood, Founder of Burooj Residence Property Development along with senior officials from both institutions.

Burooj Residence Amwaj Island is a 22-storey tower with a total of 86 high-end European interior finished residential units that includes two and three bedrooms, size ranges between 134.7 square meters and 360 square meters, 7 different designs with key features that consist of premium facilities with lounge area, spacious balcony with a spectacular lagoon view, swimming pool, sauna and steam rooms, and fully-equipped gym. 

Speaking at the signing ceremony, Anwar Murad Deputy Group CEO – Banking of Al Salam Bank-Bahrain said, “This strategic partnerships is amongst other recent deals which the Bank signed with reputed real estate developers and hoping that we brings more valuable benefits to the end-users.”