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A Financing Scheme Introduced in Bahria Town Karachi by Bank Islami

Posted by admin on March 5, 2021
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Agreement of Bahria Town Karachi with Bank Islamic

Bahria Town has been one of the leading housing communities in Pakistan providing people with an international standard of living. Those who are interested to have their very own house in Bahria Town Karachi, and facing the problem of shortage of funds must not worry anymore. The management of Bahria Town has signed the agreement with Bank Islamic. However, in this initial phase of the agreement, this option is valid only for the Bahria Town Islamabad/ Rawalpindi and Lahore. Up till now, this facility is not for Bahria Town Karachi.

For many days, there were rumors about this news, with this article, this situation is now clear. The good thing is that discussions and homework are being done by both parties, and hopefully within a month, it is expected to have a similar kind of agreement for the Bahria Town Karachi. After the finalization of the agreement, people will have the facility to take interest-free loans for the construction in Bahria Town’s project. This will be a great opportunity for the people who are looking for something to have funds in their hands. For more updates, keep visiting our website, all the details about this and other projects will be shared here.

The leading bank of Pakistan, Bank Islami has initiated their financing program for properties in Bahria Town, providing people Shariah compliant financing. Bank Islami has commenced with financing for both, the constructed, ready-to-live flats, and houses.

The scheme is open to everyone including residents of Pakistan, as well as non-residents.

The first phase of this financing scheme starts with allowing customers to get their hands on the best residential options of their dreams. The good news is, the scheme can be availed for Bahria Town flats and houses in Karachi.

 

 

Bahria Town focuses on providing residents the most versatile lifestyle options, with the best facilities that meet international standards. On initiating this scheme, Bilal Fiaz, the Group Head Consumer Banking of BankIslami said that the leading Islamic Bank of Pakistan aims to provide customers with a financing scheme that is compliant to Shariah, allowing all customers to attain it in a way that is much smoother and faster. He also said that the offers they’re providing for products are quite extensive. In addition to this, he claims that their primary concern is the provision of Group Head Consumer Banking, BankIslami to customers through the bank’s collaboration with the developing housing scheme.

The Director Finance, and CFO & Company secretary Bahria Town (Pvt) Limited, Aamir Rasheed Awan, and Syed Shabbar Hussain Shah respectively, stated that Bahria Town has always made housing and financing options available to new residents, ever since the scheme was launched. They said that this collaboration between the leading Islamic Bank, and the housing scheme giant will make it relatively easier for the hardworking class of Islamabad and Lahore to live their dream since they’ll be able to explore the advanced lifestyle Bahria Town offers to itself residents. Furthermore, he also stated that they are very enthusiastic about providing the incoming residents the safe, luxurious, convenient, and beautiful lifestyle that Bahria Town is known for.

Pakistan’s first scheduled Islamic Bank, BankIslami is spread out all over the country, with 340 branches in over 123 cities.

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