QATAR ISLAMIC BANK Credit Card - GOLD

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 350
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

Known as the first Islamic bank in Qatar, QIB, also known as Qatar Islamic Bank, is also the largest financial institution of Islamic origin in the state. Established in 1982, the bank’s products and operations are governed by the Sharia board with strict adherence to the Islamic financial principles. With a significant share of the Islamic sector in the region and the domestic banking sector in general, the bank has some 32 branches within the state and an equally distributed network of some 175 ATMs. Currently listed on the Qatar Stock Exchange, QIB has over the years acquired a number of other banks, most notably, the Asian Finance bank in 2005.

Credit Card - GOLD

The QIB Gold credit card is one of the three card variants provided by Qatar Islamic Bank. The card is globally accepted and can be replaced at any time anywhere in the world. Moreover, it features a fast approval process as well as a 100% cash withdrawal facility. Standard features such as supplementary cards as well as monthly statement tracking and SMS notification are part of this card. Standard fees and charges that apply to this card include an annual renewal or issuance fee of QR 350 as well as re-issuance fees of QR 100. Other fees that apply such as the issuance/ renewal of supplementary cards also apply.

Doha

Doha, Qatar’s vibrant capital, has plenty of attractions for the would-be shopper or tourist. Some of the ideal attractions include the Al Zubara Fort & Museum, which incidentally is the oldest archaeological site in Qatar. The museum showcases some of the best historical and cultural antiques in Qatar. Other great attractions that warrant a visit include the Al Waiba Fort, the Al-Zubarah town as well as the Katara Cultural Village. The shopping experience in Doha is equally fantastic. Whether it is a modern or traditional shopping experience one requires, one will be readily spoilt for choice with the numerous shopping malls found throughout Doha.