ADIB extends home finance facilities to retail buyers on Jubail Island with exclusive offer

ADIB extends home finance facilities to retail buyers on Jubail Island with exclusive offer

Buyers only have to pay 30% before handover with the remaining 70% at completion. The maximum finance cap is 85% for end users and 65% for investors which is to be paid conveniently through the home finance offer by ADIB.

Mohamed Al Fahim, Regional Head of Corporate Banking, ADIB, said: “As the leading Islamic bank in the region, it is efforts like this that showcase how Islamic banks can be an integral part of the development of a community. We want to provide our customers with an easy, quick, and seamless way to achieve their long-term home ownership goals. For many people seeking a place to call home, Jubail Island will be an attractive prospect. We are pleased to be partnering with JIIC who are similarly dedicated to providing an excellent offering to their customers.”

Mahmoud Dandashly, Chief Business Officer of Jubail Island Investment Company (JIIC), commented: “We are happy to be partnering with ADIB to provide our customers with attractive financing options that provide them with an even better experience while on their home-buying journeys.

“This partnership will provide prospective homeowners with methods that will allow them to conveniently achieve their goals of purchasing their idyllic home and become part of a