Ithmaar Bank launches financing for Deerat Al Oyoun villas

Ithmaar Bank launches financing for Deerat Al Oyoun villas

Manama: Ithmaar Bank, a Bahrain-based Islamic retail

bank, announced the launch of special financing offers for villas at the Deerat

Al Oyoun development in Diyar Al Muharraq.

The special financing offers are designed exclusively for

beneficiaries of the Mazaya programme, the Kingdom of Bahrain's social housing

scheme that aims to help eligible nationals buy their first homes.

The Deerat Al Oyoun development in Diyar Al Muharraq, includes

515 new villas that were developed in collaboration with the Ministry of

Housing and Eskan Bank specifically for beneficiaries of the Mazaya programme.

The Deerat Al Oyoun development covers a total land area

of 1.2 million square meters and includes more than 3,000 housing units in

total, including 515 villas specifically developed for the Mazaya programme.

The development connects beautifully designed properties with a

state-of-the-art infrastructure, offering residents fast and easy access to a

wide range of amenities and attractions, from community facilities to

world-class retailers, top schools and lots of beautiful outdoor spaces.

"Deerat Al Oyoun is a housing development designed to

allow Bahraini families to settle in an ideal environment by providing

affordable, high-quality housing opportunities at reasonable prices,“ Abdul

Hakeem Al Mutawa.

Ithmaar Bank Deputy Chief Executive Officer, Banking

Group, said.

"The Kingdom of Bahrain's Mazaya programme brings

together the public and private sector to help citizens overcome the financial

challenges buying their