Qatar’s QIIB Green launches Green Financing offer for electric, hybrid vehicles

Qatar’s QIIB Green launches Green Financing offer for electric, hybrid vehicles

Qatar International Islamic Bank (QIIB) Green has launched its Green Financing offer for electric and hybrid vehicles, as it seeks to contribute to a carbon-neutral environment.

By availing of the offer, QIIB customers, as well as customers from other banks who transfer their liabilities to QIIB, can obtain Green Financing to purchase an electric or hybrid vehicle. Customers who are members of Ooredoo’s Nojoom loyalty program can also benefit from a reward of 2022 Nojoom points for every $2,746.50 worth of finance taken.

The offer is valid from July 15 to September 15, 2022, providing a settlement period of up to 72 months for Qataris and 48 months for residents as well as a grace period of up to 12 months for Qataris and three months for residents.

Omar Abdulaziz Al Meer

Head of Business Development & Alternative Channels

QIIB “We are pleased to provide our valued customers with various financing options to satisfy their needs and aspirations. We are pleased to be part of a green initiative, which is in line with and a testament to our vision, values and commitment to sustainability, which we see as a crucial part of all economic and social aspects. We are also pleased that this Green Finance