FLOOSS BAHRAIN

Payment International Enterprise

About this app

FLOOSS is now Sharia Compliant, offering access to INSTANT finance whenever and whatever you need it for 24/7

Get fast approval and instant financing disbursed to your account whenever you need it!

FLOOSS is proud to be the first and fastest Islamic finance provider in the Kingdom of Bahrain. If you are 21 or older, employed, and a resident of Bahrain, apply today and enjoy a seamless and enhanced financial journey.

OTHER APP FEATURES:
Buy Now Pay Later
Device Financing with Batelco & Channels by STC


Flooss Bahrain B.S.C (Closed) and Payment International Enterprise B.S.C (Closed) are licensed by Central Bank of Bahrain as a Financing Company and Ancillary Service Provider (respectively)
Fastest approvals you’ve ever seen and Instant Cash in your account or stc pay wallet, Minimal requirements, No physical branch visits required, 100% digital

Shari'a Compliant Profit Specifications for Personal Financing:
•Murabaha Margin 16%-18%
•Maximum Finance: 1500 BHD
•Minimum Finance: 100 BHD
•Max Financing Duration: 18 Months
•Minimum Financing Duration: 2 Months
•Maximum Annual Percentage Rate APR: 32%


Islamic Financing Eligibility:

• Employed or Retired
• Age 21 to 64
• Bahraini OR Bahraini Resident


Finance Features:
• Licensed by the CBB as a Sharia Compliant Financing Company
• Fast Approvals
• Easy Application Process
• Instant Money Disbursed
• Repayment period up to 18 months
• Paperless Application
• No Hidden Charges
• Instantly credited to bank account OR STC Pay wallet within few seconds 


Documents required to apply:

3 months bank statement account that includes your salary details OR select open banking for instant approval

Fees and Charges:
Murabaha Margin 16%-18%
Admin Fees 6.5 BHD (Fixed for all customers)
VAT (10% from the Admin Fees)
Liability Letter Fee - 0
Financial Statement - 0
Early Settlement - 1% of the outstanding credit facility amount or BD 100, whichever is lower.
Late Payment Fee - 0
Release Letter Fee- 0 (No Obligation Letter)

Here is a representative example of how APRs and fees are calculated:
A loan of 100 BHD taken out for 7 months with a 16.25% APR will cost you:
• Total charge for loan: 100 BHD * 0.1625 (16.25% APR) = 16.25 BHD
• Total amount you repay: 100 BHD + 16.25 BHD = 116.25 BHD
• Total one time VAT Payment = 0.65 BHD
• Monthly payment: 116.25 BHD / 7 months = 16.60 BHD

"Stevie Gold Award-Winning App in the MENA Region، awarded by Deloitte and the STEVIE Awards
Finalist in the Visa Everywhere Initiative 2024"

Security of your data is our top priority; FLOOSS does not share your information and will never ask for PINs.

Contact Us:
For inquiries or help, contact us at [e-mail] or 13310055.

Ratings and reviews

They called and asked when the payment will be paid, I said the beggining of the next month, an outstanding amount of 12 calls in less than two weeks along with what's app messages and actual messages. No bank and no other application does this... I started by paying for few months ahead, my credit note should prove that yet the moment you are late for one payment they will make sure that all GCC is included, other banks just ask when you will pay and call you that day you mentioned not a day b4

Disappointing experience. Couple of days back I had a renewed debit card issued to me by my bank, but I forgot to add/replace it on benefitpay app. At the payment counter of eXtra, I chose the benefitpay option. I couldn't proceed since the old expired card details appeared, hence the transaction got declined. I added my new card details to the app. The expected wait time for the cancellation/fresh payment was half an hour bt for over 2 hours nothing changed. I couldn't use Flooss for purchase

The app is great but I have faced a slight issue which could be improved. The loan and split purchase amount should be separated, instead of being combined to clear at the same time. Plus any split purchase amount cleared, your split balance should also increase instead of waiting for the whole instalment to be cleared to use again.