Club members can finance purchase of light aircraft at Al Jazira Aviation Club
Aafaq Islamic Finance has recently signed a cooperation agreement with Al-Jazira Aviation Club in of Ras Al Khaimah to provide unique financing solutions for club members wishing to purchase light aircraft of various types.
The cooperation agreement was signed by Captain Adel Yousef Al Zaabi, Manager, Al-Jazira Aviation Club and Rashid Mahboob Al Qubaisi, CEO, Aafaq Islamic Finance, who praised this step that encourages hundreds of young people, citizens and residents to practice the hobby of flying light aircraft over UAE landscapes.
The agreement effectively builds and strengthens relations between the two parties and provides club members activities that promote sports in the country and institutions that provide social and development services to the public.
“We at Aafaq Islamic Finance are pleased to announce our cooperation with the Al-Jazira Aviation Club, to support the youth and their ambition to purchase a light aircraft at competitive financing rates,” affirmed Al Qabisi.
“We look forward to offering Aafaq Islamic Finance financing services to club members that include banking and related services and conclude this cooperation agreement with ‘Islamic Horizons,” asserted Al Zaabi
Al-Jazira Aviation Club, located in Ras Al Khaimah is accredited by the General Civil Aviation Authority in the UAE and currently has 470 members.
