Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider completed its 5th anniversary of successful commercial operations. The boutique mortgage provider continues to be a catalyst for the prosperity of the housing sector by offering wide range of holistic housing solutions.
To commemorate 5th anniversary celebrations, Sakana’s existing customers have been offered 0.25% (25 bps) rate reduction with effect from 3rd Dec 2011 as reward for loyalty. This loyalty reward will be available as and when lease period is renewed and applicable for customers who have maintained their account with satisfactory repayment record.
“Our successful journey would not have been possible without support of our valued customers, shareholders, financial institutions, developers, suppliers, media, regulators, Government authorities, Board members and last but not least our employees – i.e. all our partners. We look forward to having successful years ahead with our partners support,” R Lakshmanan, CEO of Sakana said.
Customers are likely to benefit from the loyalty reward a reduction of approximately $10,000 in their mortgage repayments over a period of 20 years.