MCB Islamic Bank Launches Fixed-Rate Shariah-Compliant Fleet Financing for Omoda E5 & Jaecoo J6 Electric SUVs

MCB Islamic Bank has introduced a fixed-rate fleet financing program for the Omoda E5 and Jaecoo J6 electric SUVs, providing businesses with a Shariah-compliant, structured solution for sustainable vehicle procurement. Available until September 30, 2025, the program is offered under the bank’s MICAR financing framework, ensuring compliance with Islamic financial principles while making EV adoption more accessible for corporate clients.

Key Benefits for Fleet Purchasers

Under the program, businesses can enjoy:

• Shariah-compliant financing in line with Islamic principles
• Priority delivery for bulk fleet orders
• Streamlined application process to minimize delays
• Nationwide access through any MCB Islamic Bank branch
• Multiple application channels, including the MICAR website and helpline 042-111-222-642

Omoda E5: High-Range, Feature-Packed EV

The Omoda E5 is a front-wheel-drive electric SUV powered by a 150 kW permanent magnet synchronous motor and a 61 kWh lithium iron phosphate battery, delivering an NEDC range of up to 505 km.

Key Features:

• Six airbags & electronic stability control
• 360-degree camera system
• ISOFIX child seat anchors
• Voice-activated controls

Pricing & Booking:

• Approx. Rs 8.99 million
• Bookings start from Rs 1.7 million

Jaecoo J6: Versatile Electric SUV with Off-Road Capability

The Jaecoo J6, based on Chery’s iCar 03 EV platform, comes in multiple variants priced between Rs 8.8 million and Rs 10.8 million, depending on battery capacity and drivetrain configuration.

Highlights:

• Advanced safety systems
• Digital infotainment interface
• Dedicated off-road driving modes

This initiative reflects MCB Islamic Bank’s commitment to sustainable, ethical financing while promoting the transition to electric mobility in Pakistan. By offering priority delivery, fixed-rate terms, and Shariah compliance, the bank is positioning itself as a forward-thinking partner for businesses seeking environmentally responsible fleet solutions.

Afsheen Gohar

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