Dubai Islamic Bank Pakistan Limited (DIBPL) signed a Memorandum of Understanding (MOU) with Pak-Suzuki Motor Company to become the first Islamic banking partner of the Suzuki Auto Finance Arrangement Programme.
An announcement on Wednesday said that the ceremony was held at the Dubai Islamic Bank Head Office in Karachi and the agreement was signed by CEO DIBPL, M A Mannan, and Chief Executive and Managing Director Pak-Suzuki Motor, Hirofumi Nagao.
This arrangement will provide a one window operation to all those who seek to finance their Suzuki vehicles in a Shariah compliant manner. Customers applying through the DIBPL-Suzuki Auto Finance Arrangement Programme will enjoy preferential pricing and priority delivery.