Warba Bank launches car financing scheme
KUWAIT, April 13, 2016
Warba, a top provider of investment products and services compatible with Shariah in Kuwait, has joined hands with Toyota dealer Mohamed Nasser Al Sayer Institution to launch a unique car financing programme.
Kaseb, the new five-year programme offers a new system to finance cars according to bargain contracts with flexible credits.
By using Kaseb, Warba’s customers will be enabled to own a Toyota car of their choice. The contract from Warba bank includes complementary maintenance services, a full two-year insurance up to 40,000 km. In addition, Al Sayer will provide Kaseb customers the possibility to rebuy their cars after two years versus a fair value reaching 75 per cent of their initial value.
Toyota cars available for Kaseb customers include Yaris, Camry, Corolla, Rav 4, Fortuner, Prado and Prius. – TradeArabia News Service