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أخبار الخليج
Al Salam Bank Offers 0% Profit Housing Finance
Bank Al-Salam has introduced a grace period with a 0% profit rate for beneficiaries of social housing programs within government land development projects. This period extends until the completion of the housing unit, with a maximum of 12 months. The goal is to facilitate homeownership by offering flexible financing solutions that allow beneficiaries not to make any payments or profit during the grace period, providing greater financial flexibility. Payments for installments will commence upon receipt of the units. This initiative is part of efforts to enhance housing financing solutions and support citizens in owning homes, complemented by additional offers such as prizes and discounts, all aimed at easing the journey to ownership and providing more flexible options for beneficiaries.
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