Tecom, Amlak offer off-plan financing

 

Tecom, Amlak offer off-plan financing

Dubai - The agreement was signed by Badr Al Gargawi, chief executive officer, Development & Planning Division, Tecom Investments, and Arif Alharmi, managing director and CEO of Amlak Finance.

By Agencies/Staff Report

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Published: Wed 22 Jul 2015, 12:00 AM

Last updated: Wed 22 Jul 2015, 2:00 AM

Tecom Investments has signed an agreement with Amlak Finance, to offer Shariah compliant financing options via its Amlak Tatweer programme to all purchasers of freehold Villa Lantana homes, including non-resident and self-employed buyers.
Amlak will offer financing up to 50 per cent of the property value prior to project handover, with the option to re-finance up to 75 per cent upon completion for tenures of up to 25 years at highly competitive rates. The agreement was signed by Badr Al Gargawi, chief executive officer, Development & Planning Division, Tecom Investments, and Arif Alharmi, managing director and CEO of Amlak Finance.


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