Qatar Islamic Bank (QIB), the first Islamic financial institution in Qatar, has introduced ‘Auto Marketplace’ on its QIB Mobile App.
This pioneering platform connects car dealers directly with QIB customers. Auto marketplace offers customers a seamless, end-to-end car purchasing experience, featuring everything from browsing vehicles to securing auto financing, all within the award-winning QIB Mobile App.
The launch of the new ‘Auto Marketplace’ marks a significant improvement in convenience, from browsing vehicles and all its details, booking a test drive to securing financing in real-time, whereby QIB customers can enjoy a streamlined, hassle-free car purchasing journey.
Currently, the Auto Marketplace has a wide selection of leading car brands including Mercedes, GMC, Cadillac, Cherry, Ford, Kia, BYD, JAC, Lincoln and Subaru. QIB will reveal the addition of more dealers and brands in the next few weeks. This diverse range ensures that customers have access to a variety of options, designed to meet the different expectations and budgets.
QIB’s launch of Auto Marketplace falls in line with its commitment to innovation, offering customers with an efficient and accessible way to purchase cars and get instant financing. This platform builds on the trusted relationships QIB has fostered with several car dealers and leverages its existing digital ecosystem to offer an enhanced automotive shopping experience.
Mr. Dorai Anand General Manager, Personal Banking Group – QIB
“The Auto Marketplace launch highlights QIB’s focus on adapting to our customers’ changing needs. We see a rising demand for quicker and more convenient digital solutions in the automotive industry. We have partnered with a specialized fintech company and are working alongside our partner car dealers to ensure that we will make the experience of buying a car more enjoyable and efficient for our customers. By providing a comprehensive solution, we are empowering our customers to make the right decision for them and complete their car purchases effortlessly.”
QIB remains at the forefront of digital innovation. The Bank has invested heavily in advancing its digital channels, establishing its app as Qatar’s top-rated banking application. The app has more than 280 features, over 4 million monthly logins, and is responsible for 95 percent of the bank’s retail financial transactions.
The app can be easily downloaded from “App Store”, “Google Play”, and “Huawei AppGallery”, and customers can self-register using their Debit Card details to activate. The QIB Mobile App enables them to take full control of their accounts, cards, and transactions, and to fulfill all their banking requirements remotely.
New customers can open their first banking account with QIB instantly. QIB’s existing customers can open additional accounts, instantly get personal financing or a Credit Card, all through the acclaimed QIB Mobile App.
