AL SALAM Bank and Kayan Real Estate inked a deal to offer Sharia-compliant financing solutions for homeownership in Kayan’s Sultan project in Muharraq and Ramli 2 project Al Ramli.
The partnership caters to diverse client needs, including social housing beneficiaries. Al Salam Bank will provide competitive profit rates, a six-month grace period, fast processing, and waived fees. Customers can also earn loyalty programme points.
Design firm We Invision Design & Execution will offer complimentary consultations to assist with construction plans.
Sultan, a sought-after development, offers plots starting from 299.1sqm. Ramli 2, featuring plots from 307.8sqm starting at BD94,425, boasts convenient access to amenities.
“We aim to empower Bahrainis to own their dream homes,” said Al Salam Bank head of retail banking Mohammed Buhijji, highlighting the partnership’s contribution to the housing sector and national homeownership goals.
Kayan Real Estate chief executive Ahmed Isa AlBahrani called the partnership “a distinct honour,” emphasising the collaboration’s role in empowering citizens and reducing housing wait times.