Abu Dhabi National Islamic Finance (ADNIF), a wholly owned subsidiary of the National Bank of Abu Dhabi, has awarded a Mini Cooper to Nasir Mohamed Al Ali, the first winner of its Personal Finance Campaign.
ADNIF’s personal finance campaign started on 1st March and continues until 31st May 2015. During the campaign ADNIF enters the name of the clients who avails personal finance of AED 300,000 and above into a draw.
“Banking solutions have become part of many people’s lifestyle as they help them to achieve their aspiration. At ADNIF, we are offering facilities that not only meet customers’ needs for sharia-compliant finance, but also a chance to win valuable prizes,” said Fahad Al Shaer, Managing Director of ADNIF. “We are pleased to launch this campaign to reward our esteemed customers and provide them with an exceptional experience when using ADNIF’s services.”
ADNIF offers personal finance at a competitive profit rate of 2.8% (equivalent of 5.25% on reducing balance) with flexible repayment tenures. Customers can get finance up to AED 5 million.
Other add-ons include a free for life ADNIF co-branded credit card & no minimum balance requirements on the account. Finance eligibility is based on an applicant’s total income, financial liabilities and debt serving capacity.
Two more winners will be selected by ADNIF during the second quarter of the year.