Partnership between Aafaq Islamic Finance and Saud bin Saqr Foundation for Youth Project Development

This language isn't sync! (lang_en): This year | This language isn't sync! (lang_en): 2021-07-06 10:24:17 | This language isn't sync! (lang_en): 2021-07-14 08:47:00 | This language isn't sync! (lang_en): Raksmesupport

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Partnership between Aafaq Islamic Finance and Saud bin Saqr Foundation for Youth Project Development

Saud bin Saqr Foundation for Youth Project Development signed a Memorandum of Understanding with Aafaq Islamic Finance to provide financing solutions for small and medium enterprises registered under Saud bin Saqr Foundation for Youth Projects Development. The MOU has been signed by H. E Youssef Mohamed Ismail, head of the Supreme Committee of Saud bin Saqr Foundation, and H E Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance. This MOU supports the SMEs owners in the Emirate Ras Al Khaimah and offer them loans and lending guarantees from Aafaq Islamic Finance with an aim to support their projects and improve their contribution in the gross domestic product (GDP) of the emirate