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Dubai Land signs e-mortgage agreement with Dubai Islamic Bank

Media In – Dubai 31 March 2018 and WAM

The Dubai Land Department has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which aims to integrate the services provided to the clients between the two entities.
Gomaa Bin Humaidan, Deputy General Manager, Dubai Land, said: “The new e-mortgage agreement with Dubai Islamic Bank is in line with the Dubai Department’s efforts to support Dubai’s vision to promote digital transformation and provide convenient transactions for all parties.” DIFC initiatives that contribute to the real estate sector.
He pointed out that the agreement aims to achieve the integration of the services provided to the customers between Dubai Islamic Bank and the Department of Land and Property, which contributes to reducing the time and effort and reducing the necessary procedures through the submission of documents to register the mortgage contract at the bank directly through the electronic mortgage system, which the Department of Land and Property To develop it for this purpose and without having to attend the headquarters of the Department or its service centers.

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