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Flydubai and Islamic Finance 
sign deal

(Staff Report)
Filed on June 19, 2012

DUBAI ó Flydubai, Dubaiís innovative low-cost carrier, has signed a joint partnership with leading Shariah-compliant financial services group, Islamic Finance Company (Aafaq), further expanding its network of payment options across the UAE.

The collaboration will see both companies enhance business opportunities to new audiences, while providing flydubai’s passengers with an additional window at which they can pay for flight bookings, according to a Press statement on Monday.

Through this agreement, passengers who book through or flydubai’s call centre now have 24 hours to complete payment windows at any Aafaq outlet across the UAE. Customers can also pay at any of the airline’s existing payment partners, which include exchange houses, Emirates Post and Aswaaq supermarkets.

“Since our launch in 2009 we have strived to provide more payment options for our passengers and this new partnership with the Islamic Finance Company (Aafaq) increases our reach even further,” Ghaith Al Ghaith, chief executive officer of flydubai said.

The strategy of Aafaq is to provide comprehensive financial solutions and services. Through this agreement the aim is to expand its marketplace for its joint partners by showcasing consistent financial services and activity in line with Sharia-compliant law.

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