Al Salam Bank inks MoU with AAB Properties


SEEF: Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant banks in the Kingdom, announced the signing of a Memorandum of Understanding (MoU) to facilitate property financing solutions for customers wishing to buy luxurious apartments in Knightsbridge Mansion Amwaj Island project near the Lagoon.

The apartments includes two and three bedrooms, size ranges between 172.9 square meters and 280 square meters, 7 different designs with key features that consist of world-class facilities with lounge area, spacious balcony, spectacular sea view of the Lagoon, swimming pool and jaccuzi, gym, in-unit washer & dryer, walking distance to the Lagoon beach and on-site 24/7 watchman. In addition, the building offers an investment opportunity for investors who wish to buy and rent the apartment for substantial returns on their investment and it is ready for hand-over to prospect buyers.

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, Khaled Abdulaziz Buhajeeh Operations Manager at AAB Properties along with other senior officials at the bank.

“We are delighted to enter this partnership that is in line with our commitment to facilitate customers with modern and elegant real estate development projects specifically designed to meet their luxurious living experience. He further added, “At Al Salam Bank we continue to endeavor our efforts to bring customers with new banking services and unique product offerings that complements their lifestyle, benefits and needs,” Anwar Murad Deputy Group CEO Banking of Al Salam Bank-Bahrain said.

Customers are encouraged to take advantage of this opportunity to own their dream home or to investors who are looking for considerable returns on their investments when applying for Al Salam Bank property financing.

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