By Sami Zaptia.
London, 15 July 2020:
Sahara Bank (pronounced Sahary in Arabic) has launched an interest-free debit card loan for the purchase of the Eid Al-Adha (Feast of Sacrifice) ram.
The card offers a service fee-free loan ranging from LD 1,000 to 2,500 depending on the customer’s credit score for 12 months, which will be debited monthly from the customer’s account.
Last year the bank had also launched a similar product for the purchase of the Eid ram through its ‘‘Nuqood Card’’.
Aman bank had launched a similar product last week.