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Shafie group and the country's Islamic Bank sign MoU to support residential investment in Najaf


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Shafie group and the country's Islamic Bank sign MoU to support residential investment in Najaf

Post by rocky on Mon 06 Jan 2014, 3:30 pm

Shafie group and the country's Islamic Bank sign MoU to support residential investment in Najaf

By News Najaf 6/1/2014

Betty residential compound took place in Najaf, a memorandum of understanding with the Bank of the Islamic country to support the residential sector in the province and in the presence of Hafez Najaf, Adnan al-Zurfi and a member of the provincial council Razak Sharif and Investment Authority, and some of the personalities involved in the economic and housing sector.
The head of the group Shafei Saad El-Shafei "is a complex project Betty investment of the largest investment projects in the province, and today hemorrhage Bushra citizen Najafi lift the burden to pay 40% of the remaining amount of the payment, which has become 15 years instead of 7 years and the annual interest a few which is 6%, and this is due benefit of the citizen. "
"The percentage of completion in the compound and reached 75% with the completion of many of the services of electricity, water and will soon complete the sewer systems."
Noting that "the number of units in the project amounted to 1,300 units, including the services of kindergartens, schools, markets, mosques, has sold more than 700 units and work is continuing on the completion of all the units in the schedule."
During the signing of the Memorandum of Agreement between the compound Betty residential investment and the Bank of the country, the Muslim governor of Najaf, Adnan al-Zurfi, "The province of Najaf distinct and supportive for investment projects in all sectors, and is a complex home residential important projects that serve the citizen and solve the housing crisis and provide him an opportunity to get the house installments comfortable, with the availability of all basic services in the project. "
For his part, Vice President of the Board of Directors of the Bank of the country, the Islamic Investment and Finance, Dr. Ahmed Sadek Rahim, "We are one of the pioneers in the door ways to participate in the investment in the province of Najaf In the area of housing for Ohmetin, the first that the citizen will receive his home, which did not complete all the amount was Molina home to the remainder of the premiums because it will dwell and pay in installments, and at the same time that the investment company takes money to finance the project to complete the house, and we as a bank Islamist interest first funding Nstvad of Tnimh the bank and we are developing through what we get from the ratio of the second contribute to facilitate the access of the home on the house and reduce crisis housing. "

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