Dubai – Mubasher: Emirates Islamic Bank, listed on the Dubai Financial Market (DFM), has struck a partnership with the Sheikh Zayed Housing Programme to offer home finance solutions to Emirati customers of the projects developed by the housing programme.

The move will step up the bank’s support to the UAE government’s vision to provide adequate and high-quality housing to the citizens, the lender said in a statement on Sunday.

“We will continue to endeavour in our efforts to support Emirati families to ensure that they can access quality and affordable housing easily,” deputy CEO for consumer banking and wealth management at Emirates Islamic Wasim Saifi said.

Under the deal, the Islamic bank will offer a 50% discount on processing fees for auto and personal finance solutions. Additionally, customers will also receive Emirates Islamic’s free-for-life ‘Emarati Credit Card’.

“We are delighted to partner with Emirates Islamic to offer new home financing solutions for UAE Nationals that ensure national family residential stability and improve access to adequate housing,” Mohammed Abdul Latif Lootah, executive director of Support Services at Sheikh Zayed Housing Programme said.