Al Baraka Bank Pakistan Ltd. (ABPL) has recently signed a Strategic Alliance Agreement with Honda Atlas Cars Ltd. Through this venture, Al Baraka aims to enhance customer experience and provide priority delivery of Honda vehicles to Al Baraka Carsaaz (Auto Finance) customers.
This alliance will not only provide affordable Islamic financing solutions to customers but will also facilitate in ensuring timely delivery of their dream Honda cars, thus cementing the Bank’s position as a dependable service provider.
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The agreement was signed by Al Baraka Bank Pakistan Ltd CEO Ahmed Shuja Kidwai and Honda Atlas Cars (Pakistan) General Manager Sales & Marketing Amir Nazir.
Speaking on the occasion, CEO Al Baraka Bank Pakistan Limited said:
Al Baraka Bank Pakistan Ltd. is a subsidiary of Al Baraka Banking Group (ABG), a Bahrain Joint Stock Company, listed on Bahrain and NASDAQ Dubai stock exchanges. It is a leading International Islamic bank with Standard & Poor’s at BB (long term) / B (short term) and offers Retail, Corporate, Investment Banking and Treasury Services strictly in accordance with the principles of Islamic Shariah. The authorized capital of ABG is $ 2.5 billion and an asset base of over $ 24.5 billion.
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