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The Memorandum of Understanding between the RERA and Emirates Islamic Bank was signed by Ebrahim Fayez Al Shamsi, the CEO of Emirates Islamic Bank and Mr. Marwan Bin Ghalita, the CEO of RERA. According to the agreement, Emirates Islamic Bank will utilize RERA's network of marketing channels to make their product portfolio available to RERA's customers.
"With the region in the midst of an unprecedented real estate boom, the agreement with RERA is all the more significant" said Ebrahim Fayes Al Shamsi. "Our products and services include the convenient Manzili home finance options that will be invaluable to the home finance customers and the overall real estate community in Dubai, escrow account opening facilities as well many other offerings tailor-made to make life easier. Providing the Islamic financial services benefits to the maximum number of people has been our goal, and this agreement with RERA is another key step in that direction." |
