Bareeq Al Retaj Real Estate Company, renowned for its portfolio of landmark developments in Bahrain, has partnered with Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, to provide enhanced mortgage financing solutions to customers interested in purchasing units within Ras Hayan Village and Wahati apartments in Galali.

Under the agreement, customers purchasing Bareeq properties with BisB’s Property Finance will benefit from a special financing rate. This exclusive offer includes a minimal down payment of only 5%, a financing period of up to 30 years, and competitive annual profit rates. The arrangement also includes free fire insurance during the financing period to provide added security and convenience throughout the homeownership journey.

Commenting on the partnership, Mr. Yousif Mohamed Bucheeri, Chief Executive Officer of Bareeq Al Retaj, remarked, “This collaborative effort with BisB reflects our dedication to making premium real estate accessible to a wider range of buyers through flexible and competitive financing solutions. Ras Hayan Village and Wahati Apartments are two vibrant communities that meet the modern lifestyle needs of citizens and residents alike. With BisB’s financing expertise, we aim to ensure that owning a home in one of these developments becomes a seamless and rewarding experience.

BisB’s Property Finance is known for its expedited application process with fast approvals that simplify the financing journey for customers. Additionally, customers have the option to apply jointly, thereby increasing the financing amount to accommodate larger purchases, making it easier to secure homes in Bareeq’s distinctive developments.

Ms. Fatema AlAlawi, Acting Chief Executive Officer of BisB, added, “We are pleased to collaborate with Bareeq Al Retaj Real Estate to deliver an enhanced and seamless mortgage financing experience to our customers. At BisB, we continually strive to offer innovative and customer-centric solutions, and this agreement underscores our commitment to facilitating property possession by providing accessible financing options with compelling incentives. We look forward to supporting our customers in making their homeownership dreams a reality.”

Bareeq Al Retaj’s partnership with BisB strengthens both the organizations’ shared goal of supporting the growth of Bahrain’s real estate market by offering convenient and affordable financing options.

For more information about these developments and the exclusive mortgage financing package offered under this collaboration, please call 1333 3055, or visit the official website at www.bareeq.com.bh