22 Hrs
 أخبار الخليج
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أخبار الخليج

2026-09-28T23:00:00.000Z

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Bank Al Salam Offers 0% Housing Finance

Bank Al Salam Offers 0% Housing Finance

Al Salam Bank has announced the launch of a range of exclusive offers and benefits for beneficiaries of social housing programs. These include a grace period with a 0% profit rate on financing for purchasing off-plan residential units within the projects of the Land Development Rights Program. The grace period extends until the agreed-upon project completion date, with a maximum of 12 months. The initiative allows beneficiaries to defer installment payments, with no profit charges during the grace period, providing financial flexibility and bringing the start of installment payments closer to the handover of their units. This initiative is part of efforts to enhance convenient financing solutions and facilitate citizens’ homeownership, in addition to activities at the 2026 Social Housing Innovation Summit.

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