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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Emirates Islamic Bank launches Ramadan Promotion

Posted on 13 August 2010

From Albawaba.com: Emirates Islamic Bank get into the spirit of Ramadan by launching INTALEQ (Vehicle Finance) Promotion. This new Sharia-compliant vehicle finance promotion will run until the end of September 2010, giving its customers an easier way to gift themselves a car during this auspicious time of the year.
Based on the Islamic banking concept of Murabaha, INTALEQ Ramadan Promotion offers benefits and features such as special profit rates, installment holiday for 90 days, 50% reduction in processing fee and a host of other benefits……………………………………….Full Article: Source

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