Dubai Islamic Bank Pakistan Limited and Chekkerz (Private) Limited have signed a memorandum of understanding (MoU) to provide the bank's auto finance customers the security of state-of-the-art-vehicle tracking system offered by Chekkerz.
Signing ceremony was held at a local hotel here on Thursday. Syed Iftikhar-ul-Haq, Head of Sales Consumer Business, Dubai Islamic Bank Pakistan Limited and Syed Ahmed Owais, Chief Executive of Chekkerz signed the MoU.
Elaborating on the nature of the alliance, Syed Iftikhar-ul-Haq said, "Dubai Islamic Bank constantly aims to increase the range of services offered and this strategic alliance has been initiated keeping in view the needs of our valued customers". Through this alliance, the bank would not only be providing capital for the customer's vehicle but would also be taking care of its security, he added.
Speaking on the occasion, Syed Ahmed Owais, Chief Executive of Chekkerz said that under the alliance, Dubai Islamic Bank customers were facilitated by the vehicle tracking facility offered by Chekkerz. This would ensure security of financed cars giving the owner total peace of mind against theft, snatching and vehicle related crime.
"Dubai Islamic Bank remains true to its roots as a customer-centered organisation where close personal service and understanding form the basis of all its relationships", Owais said. He added that this facility was in line with its strategy of combining the best traditional Islamic values with the technology and innovation that characterise the best of modern banking.
Iftikhar-ul-Haq also praised the efforts of Chekkerz for introducing state-of-the-art vehicle tracking and security system in Pakistan and the outstanding quality of their services.