Deutsche Gulf Finance launches 'cash out' product

10 August 2010

Saudi-based Deutsche Gulf Finance has launched a new product allowing consumers to unlock equity in their home and finance payments for up to 30 years. The Shari'ah-compliant product is aimed at consumers seeking investment in land, residential property or other important family initiatives requiring substantial amounts of capital. Financing rates for the programme start at 2.99% and, subject to credit terms, Deutsche Gulf Finance would finance up to SR5m.

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