Al Masaood Automobiles partners with Dubai Islamic Bank to offer attractive auto finance solutions

Al Masaood Automobiles partners with Dubai Islamic Bank to offer attractive auto finance solutions

Abu Dhabi: Al Masaood Automobiles, the exclusive distributor for Nissan, INFINITI, and Renault in Abu Dhabi, Al Ain, and the Western region, has collaborated with Dubai Islamic Bank, the largest Islamic bank in the UAE and one of the biggest auto finance providers in the country, to offer deferred payment services to its customers in an effort to further improve their overall experience.

Under this partnership, customers booking their vehicle in September 2022 can pay the deferred amount in 2023. The aim of this partnership is to make it easier and convenient for Al Masaood Automobiles’ customers as they will now be able to manage their car purchase using payment plans that are customised to their needs.

Additionally, buyers can also avail benefits from Al Masaood Confidence Programme which includes a 15-day exchange guarantee, up to 5 years of warranty, Al Masaood service inclusive, and roadside assistance.

This collaboration comes in line with changing buyer preferences, as customers in the UAE are increasingly becoming aware of the benefits of deferred payment finance options. According to a survey conducted by VISA[1] recently, 82% of respondents indicated their willingness to use ‘Buy Now, Pay Later’ options for their purchases, thus highlighting the increasing popularity of