Ajman Bank, a leading Islamic financial institution in the UAE, has introduced “Talahom,” a specialized banking initiative aimed at supporting the financial stability of the country’s frontline personnel. The program rolls out a comprehensive suite of flexible financial solutions, fee waivers, and exclusive benefits designed to ease financial obligations for those serving in essential community sectors.
Quick Facts
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Zero processing fees on auto and home financing.
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Three months of waived personal finance installment deferment fees.
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Monthly salary draws reward five winners with extra pay.
Custom Financial Solutions for UAE Essential Workers
The Talahom initiative aims to provide tangible financial relief to frontline workers managing daily obligations. The bank has structured the program around specific pain points in personal finance, prioritizing flexibility and long-term savings.
Among the primary consumer benefits, the bank is offering 200% cashback on the first retail purchase for users who apply for Ajman Bank credit cards digitally. These cards operate on a free-for-life model with no annual fees attached.
The initiative also removes everyday banking friction by waiving ATM switch fees, allowing frontline workers to withdraw cash from other banks’ ATMs across the country without incurring extra charges.
Homeownership and Salary Perks in Focus
For personnel looking toward larger investments, Talahom introduces substantial incentives in the property and automotive sectors. Ajman Bank has eliminated processing fees on both home and auto financing, reducing the upfront costs of major purchases.
The home finance package includes complimentary property Takaful coverage for three years. Additionally, the bank offers monthly cashback on home finance payments for up to five years. In the event of a delayed home finance installment, the commitment to donation is waived for three months.
Beyond lending and property, the program includes a specialized monthly salary draw. Each month, five selected frontline workers will receive an additional salary.
“Frontline personnel are a priority for Ajman Bank, and we are committed to delivering banking solutions that reflect our appreciation for their vital role and contributions to the community,” stated Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank.
“This initiative forms part of our efforts to enhance their financial stability and support their ability to manage their financial obligations with efficiency and confidence,” Al Khalfawi added.
About Ajman Bank
Established in 2007 and officially operational by 2009, Ajman Bank PJSC is the first Islamic bank incorporated in the Emirate of Ajman. Listed on the Dubai Financial Market, the institution provides Shari’ah-compliant corporate, consumer, and investment banking services while serving as a core component of the emirate’s economic development strategy.
Source: Zawya
