Aafaq Islamic Finance rewards customers with new incentives

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance

Dubai, UAE: Aafaq Islamic Finance reveals companies winning the fouth monthly draw prizes from ‘Sahobat’, a special ‘Aafaq’ product that provides customers with the opportunity to save with an investment deposit system that complies with the Islamic Sharia.

The new activation aims to spread awareness among members of the Emirati community on financial responsibility while helping clients achieve their financial goals and opportunities to win valuable cash prizes.

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance, praised the remarkable response to the ‘Sahobat’ product and said: “Of all the initiatives launched by Aafaq, the ‘Sahobat’ product is most popular and still active, which confirms the companies ’desire to save and gain additional liquidity that will contribute to expanding their projects or helping after the pandemic with valuable profits and winning rewarding cash prizes. “

Muhammad Al-Dossari, Chief Business Officer at Aafaq Islamic Finance pointed out that the ‘Aafaq’ team had created the “Sahobat” product with the aim of giving small companies the opportunity to deposit investment deposits, thus earning at competitive profit rates. Annual winners are given cash prizes, with 10 winners every month in “Sahobat” prizes, and 3 additional winners quarterly with cash values ​​up to 10 times the invested value. “Gold Draws” prizes, attracts 5 winners every month with three additional winners every three months.

Companies can enter “Sahobat” with a minimum of 500 dirhams only for monthly and quarterly prizes and automatically get one ticket to participate in the monthly and quarterly draw for every 500 dirhams in their deposit as long as this deposit is active.

The winning companies in the second monthly draw for the “Sahobat” product and the “Gold Draws” product are below:

Winners of “Sahobat”:

1- CV Tech Consultants Engineers

2- Al Salam Restaurant

3- Ali Musabeh Advocates and Legal Consultants

4- Almulla Building Contracting

5- Al Mumayaz General Contracting LLC

6- Wrist wear operator

7- CV Tech Consultants Engineers

8- Al Sayegh for clearing transactions

9- Aziz Spa Center for Men LLC

10- Only for mortgage

Winners of the ” Sahobat Gold”:

1- Data for Airports Engineering and Equipment LLC

2- Data for Airports Engineering and Equipment LLC

3- Jamal Al-Marri Mobile Phones Trading LLC

4- Jamal Al-Marri Mobile Phones Trading LLC

5- 6 pence for the supply of labor


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.