Impressive Turnout of Visitors to the "Aafaq" Platform at Expo 2020 Dubai Station

Press release
Published November 22nd, 2021 - 08:41 GMT
Impressive Turnout of Visitors to the "Aafaq" Platform at Expo 2020 Dubai Station
The exhibition will have positive repercussions on the performance of the local finance market, which will continue in the coming years.
Highlights
Aafaq Islamic Finance, the leading institution in the financial sector providing Sharia-compliant financial products and services at Expo 2020

Aafaq Islamic Finance, the leading institution in the financial sector providing Sharia-compliant financial products and services at Expo 2020, witnessed a huge turnout of visitors to the Expo 2020 Dubai station.

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance, said: "We congratulate the UAE for the success of Expo 2020 and we are proud of the tremendous success achieved by the exhibition and the huge turnout on our platform. The exhibition will have positive repercussions on the performance of the local finance market, which will continue in the coming years. The initiatives launched between Expo 2020 Dubai and the partnerships concluded with major international companies provides a unique opportunity to SME's, start-ups and entrepreneurs.”

Al Qubaisi added, “Aafaq keeps pace with this unique global event, which is expected to receive 25 million visitors from all over the world, through a diverse package of services and products, consolidating its leading position in the Islamic finance sector in the region.

Mohammed Al-Dosari, Head of Business at Aafaq Islamic Finance said: “Aafaq is launching a new set of services and products, including offers on credit cards, personal finance, car finance, real estate finance, and small and medium-sized companies finance, as well as offers on travel tickets, hotel reservations, free internet cards, and installment payment delays, with opportunities to participate in raffles."

Special offers at "Expo 2020 Dubai" that visitors to the exhibition can view on the "Aafaq" platform are:

* Credit cards:

1. Easy payment plans up to 12 months at 0% rate

2. Up to 30% discount on travel and hotel reservations through Cleartrip.com.

3. “Buy one get one free” offer at Novo Cinemas.

4. Free Internet Cards

* Personal Finance:

1. Profit rates starting from 5%.

2. Postponing the payment of the first installment for a period of up to two months.

* Auto Finance:

1. Profit rates starting from 1.75%.

2. Postponing the payment of the first installment for a period of up to 6 months.

3. A rate of 0% for a period of up to 6 months on insurance premiums / when the first installment is paid through Aafaq credit card.

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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