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Home Non Banking Funds

Abdul Latif Jameel Finance launches new Islamic Tawarruq product – Cash Jameel, in 2022

Abdul Latif Jameel Finance prioritizes the expansion of small and medium enterprise sectors

Sakshi K S by Sakshi K S
January 14, 2022
in Funds, Islamic, The Global Economics, Top Stories
Reading Time: 2 mins read
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Abdul Latif Jameel Finance launches new Islamic Tawarruq product – Cash Jameel, in 2022

Abdul Latif Jameel Finance launches new Islamic Tawarruq product – Cash Jameel, in 2022

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Abdul Latif Jameel Finance has hurled its most recent Islamic Tawarruq product into the market – Cash Jameel, concentrating on small and medium enterprises.

The introduction of Cash Jameel is a faction of the firm’s strategy to expand its financial products and deliver to a huger segment of its consumers and meet their demands.

The origin of this product arrives on the support of the launch of several products by the firm within the monetary services industry, inclusive of funding for cars, productive and consumer assets, and heavy equipment.

Abdul Latif Jameel Finance prioritizes the expansion of small and medium enterprise sectors and comprehends the necessity of underpinning it as a means of steering the development and progression of Saudi Arabia’s economy forward.

The firm partners with the ‘Kafalah’ program and the Small and Medium Enterprises Authority to underpin this essential sector.

About Abdul Latif Jameel Finance

Abdul Latif Jameel United Finance Company is a closed joint-stock firm that gained its license from the Saudi Central Bank (SAMA). The firm has a comprehensively paid-up capital of SAR 1 billion (USD 0.27 billion) and delivers car leasing with an aptitude to possess consumer and capital equipment finance. The firm delivers to consumers throughout the Saudi Arabian region.

Abdul Latif Jameel United Finance is constantly seeking ways to serve its consumers and build a closer relationship with them. The firm provides tools to ease consumers’ car financing decisions. Consumers can also benefit from seeking the most accessible branches from a network list. The firm provides access to consumers’ accounts through an online portal as well.

Via: Short URL
Tags: Abdul Latif Jameel Financecar financingJeddahKafalahsaudi arabiaSaudi Central BankSmall and Medium Enterprises Authority
Sakshi K S

Sakshi K S

Sakshi is a professional content writer engaging readers with gripping business news stories.

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