Emirates Islamic, a leading Islamic financial institution in the UAE, is urging customers to Go Green by providing to 100% price cuts on handling costs for auto financing on electrical vehicles.

The Bank is the unique Islamic Financial Partner for Expo 2020 Dubai as well as its initiative to present eco-friendly economic items is lined up with one of the event's vital motifs, particularly Sustainability.

With Emirates Islamic Environment-friendly Automobile Financing, consumers can obtain an optimum financing amount of AED 1.5 million, discount rate on processing costs as well as revenue prices starting as low as 2.29% per annum. Clients with incomes above AED 30,000 can also profit by standing up to 100% discount rate on processing charges.

Commenting on the promotion, Wasim Saifi, Replacement Chief Executive Officer - Consumer Banking and Wide Range Management at Emirates Islamic, stated: "As the exclusive Islamic Financial companion of Expo 2020 Dubai and as part of our commitment to promote an eco-friendly economic climate within UAE, we delight in to existing unique prices offers on our Environment-friendly Car Money. We anticipate building on the strong rate of interest among UAE homeowners to crossbreed and electrical automobiles by making electrical car financing much more accessible than ever before. We will remain to advance our item collection as well as launch items that will certainly help shield as well as protect the atmosphere for our future generations."

Hybrid and also electrical vehicles produce reduced carbon exhausts compared to standard vehicles and also Emirates Islamic's Eco-friendly Automobile Money project belongs to the bank's commitment to further sustainability as an essential pillar of UAE Vision 2021.