RIYADH – Cayan Group, the leading property developer in the Middle East, recently signed an agreement with Bidaya Home Finance in Saudi Arabia to provide financing solutions to their clients. Bidaya Home Finance is a national real estate finance company sponsored by the Islamic Corporation for the Development of the Private Sector (ICD) and the Public Investment Fund of the Ministry of Finance, Saudi Arabia.
“Bidaya Home Finance is a professional and reliable Shariah-compliant financial institution, we are glad to partner with the institution and increase the financing options to our clients. This partnership with Bidaya is also an enabler of property ownership desires in Saudi Arabia. We are pleased to add more services with reputed partners and will continue to do so in an effort to provide our clients with a complete stress-free service package,’’ said Ahmed Alhatti, Chairman of Cayan Group.
“Cayan Group is a successful property developer in Saudi Arabia and the Middle East. We are glad to partner with them in offering our services to clients who will be owners iconic, unique, and high-quality residential and commercial properties. We are glad to make property ownership dreams a reality through a combination of our services and Cayan’s property development,’’ said Mazen Al Ghunaim, CEO Bidaya Home Finance.
The agreement between Cayan Group and Bidaya Home Finance will provide Cayan’s clients benefits such as financing of up to 30 years, approval of submitted applications within days and other favorable terms.
