CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QIIB launches finance offer for Ramadan in collaboration with Qatar Airways Privilege Club

Published: 10 Mar 2025 - 11:04 am | Last Updated: 10 Mar 2025 - 11:17 am
Peninsula

The Peninsula

Doha, Qatar: QIIB has launched its best personal, auto, and home finance offer for its customers in celebration of the holy month of Ramadan, featuring competitive financing rates along with the chance to win prizes from a pool of 40 million bonus Avios with Qatar Airways Privilege Club.

With this special offer, which runs from March 1 to March 30, 2025, existing QIIB customers—as well as new customers who transfer their salaries and financial commitments to the bank—can benefit from personal, auto, or home financing at a competitive profit rate starting from 5%, based on their classification.

Additionally, customers availing financing during the offer duration will enter a draw and have the chance to be one among the 40 winners of 1 million bonus Avios each with Qatar Airways Privilege Club. Winners of the bonus Avios can use them for flights with Qatar Airways, oneworld® airlines and partner airlines, upgrades, extra baggage, direct bookings with Qatar Executive, packages with Qatar Airways Holidays, shopping and dining at Qatar Duty Free, bidding on Privilege Club Collection and much more. The draw is subject to the offer terms and conditions which are available on the QIIB website.

Customers who receive financing under this new offer will benefit from a grace period of up to 12 months for Qatari nationals and three months for residents, calculated within the financing tenure. Applicants can apply for financing through various channels, including QIIB’s digital platforms such as mobile and online banking, or by visiting any of the bank’s branch.

On the launch of QIIB’s best finance offer in celebration of Ramadan, Khaled Abdul Rahman Al Shaibei, Head of Business Development at QIIB, stated: “We take this opportunity to extend our warmest greetings to our customers and all Qataris and residents on the occasion of the blessed month of Ramadan. We are pleased to announce the launch of our best finance offer, carefully designed to meet our customers’ expectations and financial needs. Through this offer, we are also delighted to again collaborate with Qatar Airways Privilege Club. 

“QIIB’s best finance offer, launched in celebration of Ramadan, caters to the needs of various customer segments—whether they are seeking personal, auto, or home finance. The offer provides competitive benefits, flexible terms, and streamlined financing procedures, with the added convenience of digital channels for a faster and more seamless customer experience.”

Al Shaibei explained: “Along with offering competitive financing benefits such as profit rates and grace periods, QIIB’s special Ramadan finance offer provides an exceptional opportunity for customers to win from a total prize-pool of 40 million bonus Avios. A draw will be held at the end of the campaign, selecting 40 winners, each receiving 1 million bonus Avios with Qatar Airways Privilege Club. The winning members can use their Avios for rewards of their choice with Qatar Airways Privilege Club, adding significant value to our best finance offer in celebration of Ramadan.”

Thomas Vadakedath, Senior Vice President Loyalty at Qatar Airways, stated: “We deeply value the partnership between Qatar Airways Privilege Club and QIIB, and are committed to bringing our loyal members exciting partner offers.”