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ISLAMABAD, Sep 17 (APP):BankIslami, a leading Islamic bank, has announced a special collaboration with MG Motors Pakistan, offering customers the most competitive Shariah-compliant auto financing package in the industry.
With an unprecedented rental rate starting from just 4.99% (1-year equivalent rate 1.49%), BankIslami’s MG financing offer sets a new benchmark in affordability and convenience for auto consumers, said a news release.
This exclusive campaign provides customers with same-day processing and quick approvals, financing of up to Rs. 3 million and beyond.
It also offers flexible tenure options of 2 years at 9.99% and 3 years at 11.75%, a Shariah-compliant solution ensuring complete transparency and attractive coverage plans through BankIslami’s panel insurance partners.
The offer is available on select MG models, including the MG HS and MG HS Plug-in Hybrid Electric Vehicle (PHEV), catering to customers who seek a perfect balance of modern design, advanced technology, and eco-friendly mobility.
Speaking about the collaboration, Syed Asif Ahmed, General Manager, Marketing Division, MG Motors Pakistan, said:
“This partnership with BankIslami further strengthens our vision of making premium mobility accessible for more people in Pakistan. Customers now have the opportunity to enjoy MG’s cutting-edge technology and eco-friendly vehicles, while benefiting from the industry’s lowest financing rates in a fully Shariah-compliant manner. It’s a win-win for innovation, affordability, and customer convenience.”