Sohar Islamic Offers One Hour Auto Financing

Press release
Published October 9th, 2018 - 04:44 GMT
Sohar Islamic continues its efforts to deliver greater convenience enhance service delivery and accommodate the demands of customers’ modern lifestyles.
Sohar Islamic continues its efforts to deliver greater convenience enhance service delivery and accommodate the demands of customers’ modern lifestyles.

In-line with its commitment to customer excellence, Sohar Islamic -Bank Sohar’s Islamic window, has committed to approve and complete the entire Auto Finance process for customers with just one hour. As part of a larger campaign, Sohar Islamic continues its efforts to deliver greater convenience enhance service delivery and accommodate the demands of customers’ modern lifestyles.

Commenting on the exciting proposition, Mr. Salim Khamis Al Maskari, DGM and Head of Sohar Islamic, said, “We at Sohar Islamic understand the value of our customer’s time and hence promise to determine the eligibility of applications and complete them in just one hour, giving our valued customers the power of purchasing in taking the car they desire without any delay. Sohar Islamic’s auto finance solution makes purchases more attainable without any compromise to customers’ principles. As a key aspect of our commercial success, our team is dedicated to customer excellence and continues to streamline the delivery of products and services with minimized turn-around-times as one of various changes that cement our position as a market leader in Oman”.

Featuring competitive rates for all major brands, Sohar Islamic’s Auto Finance facility is open to Omanis and expatriates alike, with a minimum salary of OMR 300 and OMR 400 respectively. Customers with all the required formalities can apply at any of its six branches around the Sultanate.

To ensure all products and services offered by Sohar Islamic adhere to the highest level of Shari’ah-compliance, the Islamic window adheres to certain key criteria, notably a complete segregation of funds, stand-alone and independent branches, separate staff, a strong Shari’ah supervisory board and compliance unit, committed management, one of the best Islamic banking software in use worldwide, and strict obedience to the standards set by the Accounting and Auditing Organisation for Islamic Financial Institutions.

For more information about Sohar Islamic products, customers may visit any of the 6 branches located around Muscat (Al Khoudh and Al Ghubra), Sohar (Falaj Al Qabail), Nizwa (Firq), Barka and Salalah (Saada). Alternatively, they can call 24730000, or visit www.soharislamic.net

Background Information

Bank Sohar

At Bank Sohar, we believe that our customers deserve nothing less than excellence. That is why we constantly strive to maintain and further enhance our position as one of Oman’s leading banks. We reiterate our commitment to create the finest banking solutions, services and products that will make us unique, distinct and different – like the proud heritage of Oman. As Oman’s economy experiences sustained growth and the non-petroleum sector emerges as an important economic force, we present ourselves as a 'one-stop financial super-mall' catering to the diverse needs of our individual and corporate customers.

 

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