Kuwait Finance House (KFH), Malaysia’s first foreign Islamic bank, has entered into an Automobile End-Financing Agreement with Peugeot distributor Nasim Sdn Bhd to provide auto financing based on the Shariah concept of Al-Ijarah Thumma Al Bai (AITAB) to Nasim’s customers.
The finance package will be made available to current and future Peugeot models. You can find detailed information about the finance packages at Nasim showrooms nationwide, where KFH representatives will be present to deal with queries. Adding to that, KFH will also engage Nasim dealers to provide attractive rates for banking facilities to customers.
“We are pleased to be entering this partnership with KFH. With this partnership, we will be able to extend the range of financing options offered to Peugeot customers to include these Islamic financing packages from KFH which offer attractive rates,” said SM Nasarudin SM Nasimuddin, Nasim CEO and joint group executive chairman of the Naza Group.
Do share your findings here if you’re checking out this Nasim-KFH scheme!