Meezan Bank, KIA Motors sign deal
KARACHI: Meezan Bank has recently signed a memorandum of understanding (MoU) with KIA Lucky Motors Pakistan Ltd to start vehicle assembly and manufacturing operations in Pakistan, a statement said on Thursday.
Under the agreement, both the parties have agreed to jointly promote campaign for the KIA Grand Carnival, it added.
Meezan Bank has created a prospect for providing priority vehicle delivery to its customers across Pakistan. KIA is one of the world’s fastest growing automobile manufacturers.
Ariful Islam, deputy CEO of Meezan Bank, said: “Meezan Bank Car Ijarah has been developed to comply with the principles of Shariah for providing convenient car financing.”
“The bank follows a strategy of maintaining stringent credit criteria and fast deliveries to maintain optimal customer service in line with the service values of the bank,” he added.
-
Pentagon Threatens To Cut Ties With Anthropic Over AI Safeguards Dispute -
Meghan Markle's Father Shares Fresh Health Update -
Travis Kelce Takes Hilarious Jab At Taylor Swift In Valentine’s Day Post -
NASA Confirms Arrival Of SpaceX Crew-12 Astronauts At The International Space Station -
Can AI Bully Humans? Bot Publicly Criticises Engineer After Code Rejection -
Search For Savannah Guthrie’s Abducted Mom Enters Unthinkable Phase -
Imagine Dragons Star, Dan Reynolds Recalls 'frustrating' Diagnosis -
Steve Jobs Once Called Google Over Single Shade Of Yellow: Here’s Why -
Barack Obama Addresses UFO Mystery: Aliens Are ‘real’ But Debunks Area 51 Conspiracy Theories -
Selma Blair Explains Why Multiple Sclerosis 'isn't So Scary' -
Will Smith Surprises Wife Jada Pinkett With Unusual Gift On Valentine's Day -
Shamed Andrew Has Paid Royal Favours With ‘national Scandal’ -
Prince William Ticked Off By How Andrew ‘behaved With Staff’ -
Prince William Questions Himself ‘what’s The Point’ After Saudi Trip -
James Van Der Beek's Friends Helped Fund Ranch Purchase Before His Death At 48 -
King Charles ‘very Much’ Wants Andrew To Testify At US Congress