Aafaq Auto Fest At Al Hudayriat-abu Dhabi Concludes Achieving A Record Success

Press release
Published February 1st, 2022 - 12:21 GMT
Aafaq Auto Fest At Al Hudayriat-abu Dhabi Concludes Achieving A Record Success
The organization of this festival came with the aim of supporting the car financing market in the United Arab Emirates
Highlights
The first edition of "Aafaq Auto Fest Al Hudayriat" announced the conclusion of its events that lasted for 4 days

The first edition of "Aafaq Auto Fest Al Hudayriat" announced the conclusion of its events that lasted for 4 days ; The festival organized by "Aafaq Islamic Finance" - the leading Islamic Finance Company for individuals and companies in the UAE - provided its visitors with many offers and financial facilities, with the contribution of the most famous agencies and dealers like ” Ali & Sons Motors”, “Al Masaood Automobiles”, “Inter Emirates Motors”, “Bin Hamoodah Auto”,  The Elite Cars, and Momentum Café.

The organization of this festival came with the aim of supporting the car financing market in the United Arab Emirates ; Its events attracted remarkable interest and attendance of all kinds of car lovers, who have been given a unique opportunity to purchase their dream car through financing programs with preferential Murabaha rates. The visitors came in number to Al Hudayriat Island-Abu Dhabi in order to take advantage of a wide range of exclusive financing offers by Aafaq, with profit rates starting from 1.75%, while delaying the first installment payment for a period of up to 180 days, in addition to obtaining a free Aafaq credit card.

At the conclusion of the festival, Mohammed Al-Dosari -Head of Business at Aafaq Islamic Finance- said: “Although we have been keen to keep some specific sales figures confidential, we can confirm that Afaq Auto Fest Al Hudayriat achieved the best sales of all time, as all car agencies witnessed a huge attendance of those wishing to own their dream car, and who benefited from the exclusive financing offers that are unique to “Aafaq”. The festival witnessed the conclusion of many actual sales transactions, and we are excitedly looking forward to holding the second edition of the festival very soon”.

It is worth noting that "Aafaq Islamic Finance" had made it to the very top of the list of the “happiest workplaces” at the level of private sector institutions for the third year in a row, and the “Best Workplace Health Care Program” and “Best Employee Engagement Program” awards for the second year in a row, in addition to many other awards in recognition of its pioneering role and performance which rises to the highest levels in the region.

It is also noteworthy that "Aafaq Islamic Finance" is a private joint stock company established in 2006 as a financing company operating in accordance with the provisions of Islamic Sharia ; Headquartered in the Emirate of Dubai, it offers a wide range of financing and investment programs that are compatible with Islamic Sharia ; in addition to providing various financial services and products that are based on the highest levels of quality and efficiency, through its branches located in different parts of the country.

To learn more about Aafaq Islamic Finance, please visit the website: http://www.Aafaq.ae

Background Information

Aafaq Islamic Finance

Backed by an eminent and respected group of shareholders, aafaq Islamic Finance was established in 2006 to provide innovative Islamic financial services and products that comply with Islamic Sharia, across the UAE and the Region. aafaq appears on the lists of many major financial institutions who offer a variety of high-quality financial services for a diverse range of Institutions. The full autonomy enjoyed by the company gives it a unique standing among finance companies in the UAE.

 

The Company‘s strategic focus is on exploring and discovering available opportunities within various business sectors in order to achieve the highest return for shareholders and the most benefits for the community. Strong Strategic partnerships are held with the Ministry of Finance, the Ministry of Labor, Dubai Economy, DMCC, Nasdaq and Tas’heel Centres.

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