Personal QIB Financing Qard Hasan for Retirees
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Qard Hasan for Retirees

Get profit-free financing of up to QAR 300,000 alongside flexible repayment options with QIB Qard Hasan - designed or making investment plans.

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Profit-free financing available

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Financing tenure for up to 5 years

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25% maximum DBR

Qard Hasan for Retirees details

Profit-free financing: Get secure financial support from QIB without any profit, or additional charges.

Flexible financing amount: Get the flexibility you need with financing up to five times your monthly pension, starting from QAR 10,000 and reaching up to QAR 300,000.

Convenient repayment terms: Repay your financing comfortably with flexible terms extending up to 60 months (5 years), designed to suit your retirement income.

Lifetime eligibility: Eligible customers can benefit from Qard Hasan financing up to two times in their lifetime and get continued financial support when needed.

Low Debt Burden Ratio (DBR): Enjoy greater financial comfort with a maximum DBR of only 25%, ensuring manageable and responsible repayment.

No Takaful requirement: You can apply easily without the need for Takaful insurance, which reduces paperwork and helps you access financing faster.

  • You need to be registered as a pensioner with the General Retirement and Social Insurance Authority (GRSIA).
  • Your monthly pension determines the amount of financing you can receive.
  • You'll also need to meet QIB's standard financing terms and eligibility criteria.

  • Completed Qard Hasan application form
  • Retirement Pension Certificate issued by GRISA
  • Valid Qatar ID (QID).
Financing benefits
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Postpone installments

Get an option to postpone your next three months instalments. The payment for the new finance will begin only after the current one ends.

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Frequently asked questions

Qard Hasan for Retirees is a profit-free financing solution offered by QIB, designed to help retirees meet their personal financial needs without any interest or additional charges. It is fully Sharia-compliant, tailored for individuals receiving a pension, and complements those looking for the best investment plan in Qatar.

This financing is available to retirees who are registered with the General Retirement and Social Insurance Authority (GRISA), receive a monthly pension, and are focused on investing and retirement planning.

The minimum financing amount under Qard Hasan for Retirees is QAR 10,000, while the maximum you can apply for is QAR 300,000 - making it a flexible option for those considering a retirement investment plan.

You will need a completed application form, a valid Qatar ID, and a recent pension certificate issued by GRISA.

You can apply for Qard Hasan through any QIB branch or on the QIB website.

No, you do not require a guarantor to apply for this financing.