Manama, Feb. 10 -- Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, announced that it will offer beneficiaries of the Ministry of Housing's Mazaya program a chance to redeem up to BD 2000 in cash prizes for all executed deals starting from February 2021.

Al Baraka Islamic Bank's property financing campaign features a number of attractive advantages, including competitive rates, minimal down payments, zero banking fees, as well as generous cash prizes up to BD2000. Customers can apply for Mazaya property financing up to BD120000 over the duration of 25 years. The campaign will also cover life insurance fees, along with property insurance against fire.

"We are very pleased to ...