Aafaq Islamic Finance announces winners Seventh Sahobat monthly draw

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United Arab Emirates: Aafaq Islamic Finance, the leading institution in the financial sector and offering Sharia-compliant financial products and services across the UAE and the region, announces the winners of its seventh monthly draw of “Sahobat” in the presence of a representative of the Department of Economic Development in Dubai to reward its individual and corporate clients.

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance, said, “Every month, we honor our loyal customers via the “Sahobat” product launched to express our appreciation to customers. There is remarkable demand from companies and institutions for our rewards initiatives to earn competitive profit rates, in addition to the draws that gives them opportunities to earn additional cash that contributes to the expansion of their projects”.

Al-Qubaisi praised the efforts of the “Aafaq” team and their continuous success in creating various opportunities for small companies to deposit investment deposits in the form of a wakala, allowing them to earn at competitive profit rates. He stated that “Aafaq” will continue to launch pioneering products and services that contributes to achieving their financial goals.

Muhammad Al-Dosari, Business Director at aafaq Islamic Finance, in turn, congratulated the winners of the seventh monthly draw while referring to the announcement of 10 monthly winners of the “Sahobat” prizes, 5 winners of the “Sahobat Gold” prizes, and 3 additional winners every three months with cash values ​​up to 10 times the invested value, with an indication that 3 additional draws will be held in the period from July 1 to December 31 2021.

The following is a list of the winning companies in the seventh monthly draw:

* Sahobat Winners:

1- Fresh Park Supermarket – One Person Company LLC

2- Sabi Electromechanical Works LLC

3- Moon supply for furniture

4- Pasteur Restaurant (a branch of Pasteur Trading LLC)

5- Al Barari Oasis for Paint Contracting

6- Automatic shine grille

7- Sher Nawaz Technical Services LLC

8- Elysee Beauty General Trading LLC

9- CV Tech Consultants Engineers

10- La Belle Chocolate and Flowers – Branch 4

* Winners of the “Sahobat Gold”:

1- Emirates Pearl Construction LLC

2- Bayanat Airports Engineering and Supplies Company LLC

3- Jamal Al Marri Mobile Phone Trading LLC

4- Performance Employment Services LLC

5- Jamal Al Marri Mobile Phones Trading LLC

About Aafaq Islamic Finance:

Aafaq Islamic Finance PJSC was established in 2006 and provides a wide range of high-quality Sharia-compliant banking products and services to corporate and retail clients. It stands out to be one of the most independent financing companies in the UAE. Moreover, the company’s strategy focuses on exploring opportunities within different business sectors to achieve the highest levels of happiness for all stakeholders including shareholders, customers, employees, strategic partners and the community.

Aafaq depends on the strength of its strategic partnership with leading institutions in the UAE, such as the Ministry of Finance, Ministry of Human Resources and Emiratization, Dubai Economy, Emaratech, Trakhees, First Abu Dhabi Bank, and many Tas-heel, Amer and Business centers and others. aafaq provides the customers of these entities with services like E-dirham, Labour Guarantees, Wages Protection System, payment services for Dubai Economy and topping up of Noqodi wallets. In addition, aafaq offers a wide range of financing solutions and smart payment tools for companies and individuals.