Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan Life Time
Profit Rate 0% Profit Rate; Cash withdrawal fees 3%; Currency conversion fee 2%; Re-issuance QR 100; Issuance/ annual renewal of supplementary card QR 100
Upfront Fees ( if any ) Issuance fees / annual renewal fees QR 200
Eligibility Not mentioned
Main Features Shari'a-compliant; 100% cash withdrawal; Supplementary cards; Monthly statements to track your spending; Request of statement by fax


Qatar Islamic Bank (QIB) was founded in 1982 as the state’s first Islamic bank. Staying true to its core beliefs, the bank has grown to be the largest financial Islamic institution in the state. The bank provides a wide range of retail and corporate banking solutions which include a diverse range of credit cards. With a distributed network both domestically and internationally, the bank is noted for its commitment to providing innovative banking solutions for all its clients. In terms of its investments, the bank has closely supported the development of a number of infrastructural  projects as well as ventures in the trade sector.


Doha, Qatar’s capital, has one of the largest shopping malls in the Middle East, the Doha City Center mall. The mall is home to over two hundred luxury stores which provide the avid shopper with more shops to choose from than they could ever handle. The Souq Waqif is the best shopping mall to shop at when looking for antiques. This traditional air market stocks everything from antiques to spices to artistic, awe-inspiring jewelry. If one is looking for a unique shopping experience, the one should probably visit the Villagio Mall, the Italian-themed shopping mall that is home to everything Italian.

Credit Card - CLASSIC

The Classic credit card offered by Qatar Islamic Bank is one of three card offerings provided by the bank to its clients. Some of the features and benefits of this card include 100% cash withdrawal facility, supplementary cards provided for one’s designated family members as well as monthly statements that enable one to track their spending. Moreover, one also gets SMS notifications free of charge whenever they carry out transactions with their card. Notable fees affixed to this card include a low annual fee of QR 200 as well as a 3% cash withdrawal charge and a currency conversion charge of 2%.