Home Finance
Get Shari’a-compliant home financing in Qatar for your dream home with easy repayment terms and attractive profit rates and Takaful.
Home finance
Financing up to 70% property value
Life Takaful coverage
Competitive profit rate
QIB Home Finance details
Home finance rates: Benefit from a Competitive profit rate to keep your financing cost-effective.
Fixed repayment: Say goodbye to unpredictable repayments. Enjoy the ease of repaying your home financing through equal monthly instalments.
Refinance debt: Easily transfer existing home financing to QIB.
Home financing limit: Up to 70% of the property’s value.
No hidden fees: Only pay the feasibility fee for your home financing – no unexpected charges, no surprises.
Life Takaful: Enjoy complimentary Takaful coverage that covers your home financing in case of death or permanent disability.
Grace period: Enjoy financial flexibility during emergencies with a grace period of up to 12 months.
Easy home financing transfer: Get competitive rates and a grace period advantage; shift your home finance liability to QIB smoothly.
Long-repayment period: Ease your monthly financial stress with longer payment periods, giving you more time and lower monthly instalments.
Expats: 25 years
Qataris: 30 years
Approved employer: Home financing is available only for employees working in approved companies.
24x7 sales support: Get assistance anytime from QIB’s dedicated sales team.
| Eligibility | Qatari national | Resident | Non-resident |
|---|---|---|---|
| Down payment required | Starting from 20% down payment | 25% down payment | Starting form 40% down payment |
| Minimum Salary | QAR 10,000 | QAR 20,000 | – |
| Maximum Monthly Instalment per month | 75% of the basic salary and social allowance | 50% of the total salary | – |
| Age between | 18 – 66 | 21 – 60 | 21-60 |
| Employment status | Confirmed | Confirmed | Confirmed |
- Salary certificate
- Qataris: Valid QID
- Expats: Valid QID & Passport
- Non-residents: Income documents and proof of residential address in other country
- Evaluation of the property through two companies accredited by QIB, and the subsequent reports
- If there are payment resources available other than the applicant’s salary, documents need to be provided
- Proof of ownership
- Copy of the map
In case of buyout liability, QIB requires:
- Liability letter from the bank addressed to QIB
- Six months of bank statements
Finance calculator
Apply for Home Finance in 2 easy steps
Applying for QIB's home finance is convenient.
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Step 1
Login to QIB Mobile App
Step 1
Login to QIB Mobile App, go to “More” than choose “Personal Finance” under the “Finance Products” section.
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Step 2
Submit documents
Step 2
Enter your income details, enter your “Finance Amount”, instalment duration, upload your salary certificate and your request will be submitted successfully.
Financing benefits
Unlock a range of financing benefits with QIB, including competitive rates, flexible terms, and personalized solutions tailored to your needs.
More ways to bank
Dedicated Tamayuz call centre
For convenient banking access, reach our Tamayuz Call Centre agents 24x7 at +974 4453 3000.
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Internet Banking
Manage your accounts securely from anywhere with our Internet Banking platform.
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Reach us anytime, anywhere
Enjoy a premium, hassle-free banking experience designed for your convenience.
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Recommended best practices
Simple steps to manage your Profit-free finance effectively.
Plan your repayments
Create a clear schedule for your instalments to ensure smooth and stress-free repayment.
Track your finance
Monitor your outstanding balance and payment dates on QIB Mobile App anytime, anywhere for better monitoring.
Set up payment reminders
Activate alerts in the app to avoid missing due dates and maintain a hassle-free experience.
Alternative financing
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Vehicle Finance
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Frequently asked questions
Yes, QIB provide Shari’a compliant home financing.
Understanding home financing in Islamic banking:
You pay a down payment amount, and the bank pays the rest to the property owner.
You are required to pay monthly instalments, which includes the property value and the agreed upon profit rate.
Bank provides home finance up to 70% of the property value.
No, A guarantor or co-signer is not required for QIB Home Finance. The unsecured finance is issued with respect to your salary certificate
No processing fees or administrative charges are applicable for QIB’s Sharia’-compliant personal finance.
Yes, QIB offers 13 months of grace period for repayment in case of emergencies.
Yes, Home Finance contract will have details about the repayment schedule.
