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Mercedes-Benz customeers in Abu Dhabi can now benefit from unique finance options for their vehicle due to a new partnership agreement between Emirates Motor Company (EMC), Mercedes-Benz Finance and Abu Dhabi Islamic Bank (ADIB).
EMC, the authorized Mercedes-Benz distributor in Abu Dhabi and the flagship company of ALFAHIM, will now be offering its customers various finance solutions through ADIB that will allow customers to purchase their dream car using affordable low-risk options.
The Mercedes-Benz Finance label program products are structured through the Islamic Shari'a principles of Murabaha & Musawamah and going forward customers will be able to avail specially designed finance packages, on new or used Mercedes Benz cars of their choice, in an Islamic Shari'a compliant manner.
Customers will benefit from deposit assistance, deferred payments, attractive monthly installments and the option of short tenure contracts - all serviced through the trusted expertise at ADIB and exclusively through Emirates Motor Company and Eastern Motors showrooms.
General Manager of EMC Commercial Vehicles Chris Edwards said: Due to the inconsistent market conditions in recent years, more of our customers are looking for reasonable and trusted financing solutions that will help them buy their dream Mercedes-Benz cars.
We are, therefore, delighted to offer these options through such a credible and renowned partner as ADIB. We look forward to a long and successful relationship which benefits both organizations as well as our customers.
Philip King, Head of Retail Banking in the UAE at ADIB, said: Providing attractive and flexible car financing solutions, granted with a minimal turnaround time, is one of ADIB's most popular offerings. This exciting partnership with EMC will allow their customers to benefit from our leading Sharia compliant products and purchase any of Mercedes-Benz's range of high-performance cars at highly competitive profit rates.
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