Minimum Salary Salary Transfer Islamic Finance Cashback Annual Fee Rate
Al Baraka Islamic Bank - Taqseet Card Al Baraka Islamic Bank - Taqseet Card Minimum Salary: BHD 0 Salary Transfer: No Islamic Finance: Yes Cashback: No Annual Fee: BHD 0 Rate: 0%
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Taqseet Card is a financing tool that has been especially designed to help you purchase goods today and pay back on Flexible Installments, “Flexi-Pay” over the time period of your choice. What makes the Taqseet Card so unique is, you can have several finance facilities running on just one card at the same time.

Features & Benefits:
  • Flexible monthly installments up to 60 months
  • Applicable to salaried & self-employed Individuals
  • No salary transfer is required
  • Monthly installments can be made at any of participating merchant outlets or at Al Baraka branches
  • Accepted in all participating stores
  • Supplementary Taqseet card can be issued for a family member
  • Fully compliant based on Islamic Sharia‘a principles
Documents Required:
  • Two valid ID’s (Valid residence permit for expatriates)
  • Latest Pay Slip / Salary Certificate
  • Bank statement for the last 3 months (6 months for self-employed Individuals)
  • Valid Commercial Registration for self-employed Individuals
Eligibility:
  • Age Criteria: 21 years or above
Representative Example:

If you spend BHD 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
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