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Bank Alfalah, Pakistan Air Force ink accord for Car Ijarah Scheme

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Bank Alfalah, PAF ink accord for Car Ijarah Scheme
Friday, March 22, 2013

KARACHI: Bank Alfalah’s Islamic Banking Group has signed a Memorandum of Understanding with the Pakistan Air Force (PAF) for the launch of the Car Ijarah Product Scheme in order to better serve the personnel of PAF.

This unique offering by the Bank provides highly attractive terms to the PAF personnel in accordance with Shariah guidelines. DCAS (Admin) Air Marshal Muhammad Hassan and other senior officers of the PAF as well Bank Alfalah attended the ceremony.

The importance and need for such partnerships in the future was emphasised in order to provide value-added benefits and financial solutions to the officers of the PAF. Bank Alfalah’s Islamic Banking head Rizwan Ata said, “Signing this MoU with the PAF is a break-through achievement for Bank Alfalah’s Islamic Banking Group”. staff report

Daily Times - Leading News Resource of Pakistan
 
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