Al Baraka Islamic Bank Renews "Yusr" Personal Financing campaign with 6 month grace period

TDT | Manama                                                     

The Daily Tribune – www.newsofbahrain.com

Following the outstanding success of its recent personal finance “Yusr” campaign in meeting customers’ financing needs and offering flexible and Sharia-compliant financing options, Al Baraka Islamic Bank (AIB) has announced the renewal of “Yusr” campaign with an optional grace period of up to 6 months and cash prizes Totaling 5,000 Bahraini Dinars.

From the beginning of this month until March 31, 2024, customers will be able to take advantage of "Yusr" campaign and receive affordable rates for financing their varied personal needs, such as acquiring auto finance, paying educational fees, or meeting travel expenses.

Furthermore, customers will be offered a flexible grace period of up to 6 months before beginning installment payments, with payback terms of up to 7 years possible, giving them greater flexibility in managing their money.

Mazin Dhaif, the Chief Retail Officer at Al Baraka Islamic Bank, stated: "At Al Baraka Islamic Bank, we continue our commitment to providing innovative and Sharia-compliant banking services.

The renewal of the 'Yusr' campaign for personal financing is an opportunity for our valued customers to benefit from a grace period of up to 6 months before starting installment payments, along with the chance to win attractive cash prizes."