Manama, Aug. 19 -- Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has signed a strategic agreement with Diyar Al Muharraq to offer mortgage financing for the "Al Wasem" residential project. The partnership introduces exclusive features aimed at facilitating early access to property financing, paving the way for a faster and more flexible real estate acquisition process.

Under the agreement, BisB is offering financing for "Al Wasem's" seafront and inner plots. The offering also removes the need for a property evaluation, streamlining the process for prospective buyers. In addition, reservation payments made on the plots will be recognised...