Friday, June 5, 2020

BisB Provides Financing for Potential Residents of the Janayin Al Hamala Project

Bahrain Islamic Bank (BisB) has recently signed an agreement with Kingdom Properties Real Estate S.P.C. to provide property financing for potential residents of the Janayin Al Hamala Project, enabling Bahraini nationals working in the Kingdom to pay the down payment starting from only 5% of the units that will be selected within Janayin Al Hamala Project, and the Mazaya program as per the Ministry of Housing’s regulation.

“We are pleased to sign this agreement with Kingdom Properties Real Estate S.P.C, which aims to facilitate the purchase of Janayin Al Hamala’s units for potential residents. This comes in line with our aim to continue to offer a flexible range of financing solutions to suit our clients’ needs,” said Dalal Al Qais, General Manager of Retail Banking of BisB.

“Mazaya” is considered one of the Ministry of Housing’s leading initiatives, which was developed in cooperation with the private sector in order to provide suitable housing for citizens. “Mazaya” has witnessed remarkable success as a key social housing finance scheme since its official launch in September 2015. In view of its established partnerships with various banks and real estate development companies, it has allowed citizens and existing applicants for housing schemes to benefit from the program in order to purchase suitable housing units.

For more information, please contact the Bank’s Call Center on 17515151 or visit the nearest Bahrain Islamic Bank branch or financial mall or through the official website www.bisb.com

MOST READ

Southern Governor praises Civil Defence personnel’s role in protecting life, properties

Southern Governor His Highness Shaikh Khalifa bin Ali bin Khalifa Al Khalifa received Head of the Civil Defence Centre in Riffa, Captain Walid Al...

Minister highlights Bahrain’s efforts to fight smoking, preserve public health

Health Minister, Faeqa bint Said Al-Saleh, has said that the World No Tobacco Day provides an opportunity for Bahrain to promote social awareness on...

Friday prayer resumption postponed

The planned resumption of Friday prayers on June 5 has been postponed, the Ministry of Justice, Islamic Affairs and Endowments has said. The decision was...

Labour Ministry launches electronic employment service

The Labour and Social Development Ministry has announced the launch of the electronic employment procedures as of Monday, noting that job-seekers are now provided...

‘RCM’ Celebrates Eid with ‘Special Olympics Bahrain’

Reaffirming on its unwavering support to charitable centers and initiatives in the Kingdom of Bahraini, and out of its keenness to share the joy...

Work More, Talk Less by Dhananjay Mahadev Datar

I was a novice when I stepped into the business field. Until then I had had no background or experience of running a shop....

RHF and iGA Launch Registration Service for those entitled for support from the “Feena Khair” Campaign via Bahrain.bh

The novel coronavirus (COVID-19) pandemic has affected all of us in different ways, some more severely than others. To help the Bahraini Community  overcome...

INJAZ Bahrain offers educational programs online amid Covid-19 outbreak

INJAZ Bahrain has recently launched a series of programs online, in response to the outbreak of the novel coronavirus in Bahrain. The online programs,...

Capital Governor patronises distribution of 3,000 food baskets to needy families

Capital Governor, Hisham bin Abdulrahman, has followed up on the distribution of 3,000 food baskets, within the “Your Food at Your Home” initiative launched...

stc Bahrain partners with Bahrain City Centre Towers, the highest residential towers in Seef District

Offering integrated ICT solutions to equip businesses with next-generation technologies, stc Bahrain has partnered with Bahrain City Centre Towers in the Seef District. Under...

AlMabarrah AlKhalifia Foundation’s ‘100 Laptops’ initiative achieves tremendous success

AlMabarrah AlKhalifia Foundation has announced the success of its "100 Laptops" initiative after it contributed to providing 162 laptops for students, exceeding its initial...

Zain Bahrain wins the ROI Institute’s Best Published Case Study 2019 Award

Zain Bahrain, a leading telecoms operator in the Kingdom, has recently won the ROI Institute's best-published case study 2019 Award for a study aiming...

Emirates to start Bahrain flights on June 15

Emirates will offer flights for passengers to Bahrain starting June 15, the company has announced. The move comes following the UAE Federal Government's announcement to...

Bahrain’s Representation at World Health Organisation, Interview with Dr. Muhammad Shaban

Dr. Muhammad Shaban, Head of Health programs & Policies of the Supreme Council of health and member of the national team to address the...

HM King’s directives to honour sports icon praised by Youth Minister

Youth and Sports Affairs Minister, Ayman bin Tawfiq Al-Moayyad, has lauded His Majesty King Hamad bin Isa Al Khalifa’s directives to rename the three...