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(Amman, 1st July, 2010) Jordan Dubai Islamic Bank has revealed lately the expansion of their products and services list for individuals by launching two new products that comply with Islamic Shari‘a, which falls within its plan to provide comprehensive Islamic financial solutions and products. The new services include the “home finance program” and the “savings account program”.
The home finance program comes within a unique and flexible framework catering to the varied financing needs of customers wishing to acquire ready to live in real estate property at competitive leasing (Ijara) rates and with financing up to 80% of the price up to JOD 250 thousand within a flexible financing period reaching up to 20 years.
The savings account program has been designed to comply with Islamic Shari‘a to fulfill the needs and demands of customers who authorize the bank to invest their deposited money. It is a program that has many advantages to suit the various needs of customers and guarantees profit growth that complies with the Islamic Shari‘a, as well as providing customers the possibility to withdraw up to four times a month without affecting their profit ratio. Profit is distributed every three months with the possibility of opening the account in different types of currencies.
Mr. Sami Afghani, CEO of Jordan Dubai Islamic Bank has said “Launching these two new products is within the Bank’s plan to cover the needs of the Jordanian market. We designed and are still designing our products and services according to the requirements and expectations of our customers to guarantee that we continue to fulfill their needs”. Al Afghani has also revealed that the Bank is currently working on designing new up to date products that are completely compliant with the Islamic Shari’a and which will be announced in the near future.
Jordan Dubai Islamic Bank is a public shareholding company with a paid up capital of JD 50 million and is a result of transforming the Industrial Development Bank into a comprehensive banking entity operating under a new name and in accordance with the Islamic Shari’a law. Jordan Dubai Capital & Dubai Islamic Bank both own 52% of the Bank’s capital. JDIB offers a complete package of Islamic banking solutions developed according to the highest international standards and supported by Dubai Islamic Bank’s vast expertise in this field, to meet the growing demand in the Jordanian market.
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(Amman, 1st July, 2010) Jordan Dubai Islamic Bank has revealed lately the expansion of their products and services list for individuals by launching two new products that comply with Islamic Shari‘a, which falls within its plan to provide comprehens...More
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Built from the strong foundations of Islamic banking, JDIB will introduce an innovative
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