Launch Partners

Launch Partners

Aafaq Islamic inks land escrow deal 

UAE: Aafaq Islamic Finance signed a Memorandum of Understanding with the Dubai Land Department to provide escrow services. It joins a group of accredited account trustees managing off-plan project funds for real estate developers in Dubai. Real estate escrow services safeguard consumer funds invested in off-plan projects to ensure these funds are protected and returned in the event of a project’s non-completion. 

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