Al Baraka Bank Pakistan Ltd. (ABPL) has formed an alliance with Honda Atlas Cars Ltd. to facilitate the customers. A Strategic Alliance Agreement has been signed between the two to provide facilities to the customers and ensure priority & timely delivery of Honda vehicles to Al Baraka Carsaaz customers. The customers will be delivered their Honda Car and they will be also provided affordable Islamic financing solutions.
Ahmed Shuja Kidwai CEO of Al Baraka Bank Pakistan Ltd and Amir Nazir General Manager Sales & Marketing for Honda Atlas Cars signed the agreement.
CEO Al Baraka Bank Pakistan Limited spoke on the occasion and said, “Al Baraka is committed to providing superior customer services to its consumers and this partnership will add value to the products and services offered to our customers.”
Al Baraka Bank Pakistan Ltd. is basically a subsidiary of a Bahrain Joint Stock Company ‘Al Baraka Banking Group (ABG)’. It is listed on not such Bahrain stock exchange but also on NASDAQ Dubai stock exchange. The bank is one of the leading Islamic Bank offering investment banking, retail services, and treasury facilities completely in accordance with the Islamic Shariah. The capital of Al Baraka Banking Group and its asset base is $ 2.5 billion and over $ 24.5 billion respectively.
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