QIIB launches personal finance service through its mobile and internet banking services

Doha: International Islamic Bank has announced the launch of a new offer of instant personal finance through its digital channels (QIIB Mobile and Internet Banking) with exceptional features including a competitive financing rate and Avios bonus from Qatar Airways Privilege Club.

By applying for this offer, which is valid until August 31, 2022, QIIB customers can obtain instant personal finance via QIIB mobile and internet banking services. Each customer will get 10,000 Avios from Qatar Airways Privilege Club for every QAR 50,000 financing with a minimum financing period of 4 years and its multiples and will get 10,000 Avios for every QAR 100,000 financing with a financing period Between 2 to 4 years and its multiples.

Under the terms of the new offer, customers who obtain financing can take advantage of a grace period of up to 12 months for Qatari nationals and three months for expatriates, calculated from the financing term. Upon fulfilling the required criteria and uploading the necessary documents to QIIB Mobile Banking or Internet Banking, the financing amount will be transferred to the customer’s account in real time.

On the occasion of the launch of the best financing offer offered by QIIB via mobile and internet banking, Dr. Abdul Basit Ahmed Al Shubaie, CEO of the World Islamic Bank, said, “We are pleased to launch a new personal financing offer through our digital channels in cooperation with Qatar Airways Privilege Club. . This offer is in line with the bank’s orientations in promoting a culture of digital transformation and encouraging customers to use digital channels, given their various advantages, including ease and efficiency.

He added, “The growing customer demand for QIIB digital channels is the driving force behind launching such offerings. The World Islamic Bank has put in place a high-performance digital infrastructure as part of implementing a significant part of the bank’s digital transformation plan. Most of the services and products of the World Islamic Bank are available from Through digital platforms, some operations have also been completely digitized to satisfy the preferences of customers who want to carry out such operations without the trouble of visiting bank branches.” He stressed that: “The QIIB financing offer meets the requirements of our customers. It was launched after studying the market needs and observing the aspirations of customers to obtain personal financing with competitive features, flexible terms and a quick turnaround in financing. In order to obtain personal financing through our digital channels, the client who meets the conditions You are only required to upload the necessary documents to QIIB via mobile or internet banking, and the application will be processed in real time.An instant text message will be sent to the mobile phone of the customer stating that the required funding has been obtained.The customer may apply at any time he wishes around the clock without The need to adhere to the official working hours of the branch.

He continued: “The personal financing offer through QIIB digital channels carries an added value represented in cooperation and partnership with Qatar Airways, the world’s leading airline, by giving customers who obtain personal financing under this offer, a reward of up to 20,000 Avios for each financing value of 100,000 Qatari riyals. This will help customers navigate to the destinations they desire, especially during the approaching summer and holiday season.”

Dr. Al-Shaibei called on the bank’s customers to “take advantage of this special offer designed to keep pace with customers’ requirements and aspirations, taking into account the best standards applied in the banking sector by ensuring that customers obtain financing at the lowest possible cost and with the best features.”

Qatar Airways Group Chief Executive Officer, His Excellency Akbar Al Baker, said: “We are constantly striving to provide Privilege Club members the maximum benefits of being part of our loyalty programme. Partnership with QIIB will provide our loyal customers with a convenient tool to raise 10,000 Avios when choosing a financing of QR50,000 or QR100,000 depending on the tenor of the financing. This is further proof of our commitment to providing a world-class experience to local members, giving them more ways to earn and burn Avios in Qatar.”

It is worth noting that QIIB customers wishing to take advantage of this offer can log into QIIB mobile or internet banking services and apply for financing by uploading the required documents at any time throughout the day, seven days a week.

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