Khaleeji Bank, a prominent Islamic bank, has unveiled a strategic collaboration with Eskan Bank to offer Shari’a-compliant Home Financing solutions to citizens.

Under the umbrella of this strategic partnership, Khaleeji Bank and Eskan Bank will work hand in hand to extend financing options to citizens through the “Joint Guarantee” program. This program will see both banks jointly guaranteeing the same property based on their respective shares in it, thereby enhancing the accessibility of financing services for clients.

Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, underscored the significance of this partnership, stating, “We are delighted to announce this collaboration with Eskan Bank, which reflects our commitment to providing integrated and innovative banking services and solutions.” Al Abbasi further emphasized the alignment of this partnership with Khaleeji Bank’s dedication to supporting government initiatives and contributing to the Bahrain Economic Vision 2030.

Dr. Khalid Abdulla, Chief Executive Officer of Eskan Bank, echoed similar sentiments, expressing satisfaction with the strategic alliance and highlighting its potential to propel Bahrain’s economic vision forward. “Through consolidating efforts with Khaleeji, we will leverage our expertise and resources to support citizens benefiting from Home Financing services and contribute to the achievement of Bahrain’s economic vision,” stated Dr. Khalid.

This collaboration signifies Khaleeji Bank’s commitment to providing diverse financial products tailored to meet the evolving needs of its clients. Additionally, it underscores Eskan Bank’s dedication to expanding fruitful partnerships and delivering exceptional services to its clients in line with Islamic finance principles.

Khaleeji Bank, renowned for its comprehensive range of high-quality banking services and Shari’a-compliant investment opportunities, continues to uphold its position as a distinguished Islamic bank dedicated to fulfilling the aspirations of its clients through innovative financial solutions.