Vehicle Financing Agreement – South Islamic Bank

As part of a new initiative to facilitate car ownership, Al-Janoub Islamic Bank has entered into a cooperation agreement with Laith Al-Obaidi Motors to provide flexible and convenient financing solutions. These solutions cover gasoline, hybrid, and electric vehicles, with low returns and payment plans that suit everyone.

The signing was attended by Mr. Ali Al-Obaidi, CEO of Laith Al-Obaidi Motors, and Mr. Mazen Al-Sharif, CEO of Al-Janoub Islamic Bank. Both emphasized the importance of this partnership in enabling individuals to own vehicles easily and supporting the Iraqi automotive market.