IslamicFinance.de

Alinma Bank and Deutsche Gulf Finance signed an agreement that has the point to strengthen joint real estate financing and to provide real estate financing programs with affordable, long-term provisions with flexibility in repayment.
Alinma Bank was represented by Mr. Abdulmohsen Al-Fares, its CEO and Deutsche Gulf Finance was represented by Mr. Fahad Ben Abdullah Al Rajhi, chairman of the company's board of directors.
The signing ceremony took place at the head office of Alinma Bank in Riyadh.

Deutsche Gulf Finance, a joint venture between Deutsche Bank and a group of Saudi investors, won the “leader in Islamic Home Finance” award at a recently concluded building and infrastructure summit in Riyadh.
The summit also addressed the infrastructure and real estate market within the Kingdom.