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Jun 2013 Noor Takaful, member of the Noor Investment Group holding, is launching its "Easy Payment Plan" which allows to spread motor premium payment on several installments. The insured will be able to adjust their premiums into 3 to 12 monthly installments without additional fees. This service will first be made available for the insured paying a premium of at least 1000 AED (272 USD) by means of credit cards issued by Mashreq bank or Emirates National Bank Dubai. Other banks will later join this scheme.