Manama, Bahrain: – Kuwait Finance House – Bahrain, one of Saudi’s leading Islamic banks, is a real estate development organization based in Bahrain, to provide exclusive financing options to ‘Kudr Homes’. Announced a partnership with ERA Real Estate. Project in Diyar Al Muharraq. This partnership is an important step in the Bank’s efforts to make homeownership more accessible and affordable for communities.
The ‘Khudur Homes’ project is planned to transform modern living with 107 custom villas. This is a house that responds to the various needs and wishes of its residents and provides an ideal living environment. These include flexible term options of up to 30 years, the ability for homeowners to adjust repayment schedules to suit their individual financial goals, and complementary fire and life insurance coverage, all in Islamic Strictly adheres to Sharia principles.
Additionally, with a thorough understanding of our customers’ needs, KFH Bahrain offers competitive home financing rates with no management fees, making home buying and ownership an easier and more accessible option. .
Commenting on the opportunity, Hamed Mashal, Executive Manager and Head of Retail Banking at KFH Bahrain, said: We provide easily accessible financing. Our goal is to empower individuals by making homeownership more affordable, and this initiative allows us to achieve that. We look forward to meeting the aspirations of Bahraini society by providing responsible, Islamic-compliant financing at competitive interest rates. ”
Abdul Hussein Kudur, CEO of ERA Real Estate, said: “Through our relationship, we will ensure that our clients have access to financing solutions that meet their needs and will position Kudur Homes as a symbol of our ambition in the Kingdom of Bahrain. “There is,” he said. This initiative goes beyond just building houses. It is about improving the living experience and encouraging individuals and families to become part of Bahrain’s vibrant and improved community, ultimately contributing positively to their future. ”
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