Financial institution Alfalah Islamic, Grand Metropolis signal MoU to advertise housing finance

KARACHI: The Financial institution Alfalah Islamic, Pakistan’s premier monetary establishment offering Shariah-compliant client financing merchandise, has joined fingers with Grand Metropolis Kharian, a mission of Eurobiz Company, to facilitate the shoppers in fulfilling their dream of shopping for their very own home, an announcement mentioned.

The signing ceremony occurred on the Grand Metropolis’s workplace in Part 6, DHA, Lahore.

Senior administration of Financial institution Alfalah Islamic, together with, Talat Khurshid Mian, retail head; Muhamid Jamal Ansari, head of client finance; Muhammad Raza Sayeed, gross sales head dwelling Musharakah, together with Syed Salman bin Waris Gillani, CEO of Grand Metropolis; and Sarfraz Ahmed, CFO of Grand Metropolis, had been current on the event.

Grand Metropolis Kharian is a mission of Eurobiz Company, one of many main corporations within the development and growth. The agency’s spectacular portfolio consists of residential complexes, a business enterprise centre, luxurious flats and townhomes.


The present mission is among the most dynamic housing societies positioned on Principal GT Street between Islamabad and Lahore.

The strategic partnership between Financial institution Alfalah Islamic and Grand Metropolis will cater to the evolving monetary wants of mutual prospects by enabling them to avail quite a few advantages being provided underneath the federal government’s low-cost housing scheme.

The mixed experience of each corporations will assist save time, scale back trouble, and create a seamless buy and financing expertise for the shoppers.

Muhamid Jamal Ansari mentioned: “The alliance between each events will play a key position in materialising the imaginative and prescient of our prospects of shopping for their dream home. Via this partnership, we shall be offering a horny Shariah-compliant home financing package deal for Grand Metropolis and Financial institution Alfalah Islamic prospects who need to take pleasure in worldwide requirements of infrastructure growth with luxurious services.”

“[The] prospects will even have an possibility of financing underneath [the] low-cost housing scheme. We’re providing an enormous vary of merchandise to our prospects, together with buy of a home, buy of a plot and development, in addition to growth on a plot already bought by the shopper,” he added.

Syed Salman bin Waris Gillani highlighted the distinctive options of the society and mentioned: “Grand Metropolis has deliberate to supply finest housing/condominium choices for the shoppers with inexpensive value ranges. Alliance with [the] Financial institution Alfalah Islamic will present our prospects with among the best financing choices out there.”

“[The] prospects who’re wanting funds and want financing for [the] development of their homes can merely apply for [the] development financing from Financial institution Alfalah Islamic. The power just isn’t restricted to development; the shoppers who’re fascinated by shopping for a home or a plot and developing a home thereafter may additionally get advantages from [the] Financial institution Alfalah Islamic.”

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