MOU with Al Zorah Development Co. Ltd.
MOU with Al Zorah Development Co. Ltd.

Ajman Bank to finance Al Zorah Golf Villas Project

Ajman, UAE; March 31st, 2015:  Ajman Bank, the award-winning Islamic financial services institution committed to transforming the experience of Islamic banking, was pleased to partner and participate on Exclusive sales launch with Al Zorah Development Co. Ltd,to provide end user financing for the Al Zorah Golf Villas, Ajman on 31st March 2015 . This exclusive proposal offers a chance for customers to fulfill their dreams of owning luxury homes with world class amenities. The Al Zorah Golf Villas project accommodates 4 Bedroom and 5 Bedroom villas with prices ranging from AED 3.7 Million to 6.8 Million.

Ajman Bank would be offering finance to UAE residents and non-residents. This unique proposition offers the customers special profit rates as low as 3.99% per annum on reducing balance and discounted processing fee of 0.75% of the finance amount and pre-approval fees of AED 2,000 only.

Salem Al Shamsi, the EVP & Group Head of Retail Banking stated: “Ajman Bank is extremely proud to be associated with the Al Zorah Development Co in this joint partnership for providing customers luxury homes of international standards and amenities. Being a milestone project for Al Zorah Development Co, this is a step forward in channeling the emirate of Ajman to greater heights of infrastructure development and real estate growth. This offering emphasizes on the bank’s commitment to present innovative products and value added services tailored to the needs of our customers.

About Ajman Bank 

Ajman bank provides a wide range of value-driven banking services in the UAE for individuals, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market's best products and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate's economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organization in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah complaint.