Standard Chartered Bank in key Harley-Davidson deal

Standard Chartered Bank has announced a partnership with Monther Al Mutlaq Trading Establishment, the official agent for Harley-Davidson in Bahrain and Saudi Arabia. As per the agreement, an exclusive Islamic personal finance deal is now available when purchasing a Harley-Davidson motorcycle, reported the Gulf Daily News, our sister publication. Once the Sharia-compliant personal finance is completed, the customer will be granted a free BD150 ($396) voucher to redeem motorcycle accessories from the establishment itself. "We are delighted to partner with Monther Al Mutlaq Trading Establishment, given their great reputation in the motorcycle market in Bahrain," said Standard Chartered head of Islamic retail finance Hussain Isa. "It will certainly help us reach a niche market for those who would like to purchase motorbikes yet have experienced limitations in the past," he added. Source: TradeArabia News Service