Home buyers interested in buying an apartment in a new twin-tower development in Bahrain will be able to utilize a new finance agreement agreed between a major realtor and a finance company. Reef Real Estate Finance Company (RREFC) and Manazil Real Estate Company (MREC) have signed a memorandum of understanding to initiate end-user financing for clients interested in owning an apartment in Marmar Residential Towers one or two, in the Kingdom.
Faisal Sharaf, RREFC owner and developer of the project, said the company was selected for its ability to offer Shari’a-compliant mortgage-financing options. He added: “As an end-user financier, the company has differentiated itself in the market by being a solution provider."
