FLOOSS | Instant Finance

Payment International Enterprise

About this app

"NEW FEATURE ANNOUNCEMENT: FLOOSS is now Sharia Compliant, offering access to ISNTANT finance whenever and whatever you need it for.

Get approval in 6 minutes and Cash Instantly upto BD1000! within few seconds!

FLOOSS is the first digital & Instant Islamic Finance provider in the Kingdom of Bahrain. If you’re above the age of 21, employed and a Bahrain resident. Apply today and enjoy a better financial experience."

"OTHER APP FEATURES:
-Pay BILLS including your EWA!
-Digital Wallet
-Buy Vouchers including for Playstation, and XBOX!"

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.

Shari'a Compliant Profit Specifications for Personal Financing:
•Murabaha Margin 16%-18%
•Maximum Finance: 1000 BHD
•Minimum Finance: 100 BHD
•Max Financing Duration: 12 Months
•Minimum Financing Duration: 2 Months
•Maximum Annual Percentage Rate APR: 32%


Islamic Financing Eligibility:

• For employed customers
• Above 21 years of age
• Bahraini OR Bahraini Resident


Finance Features:
• Licensed by the CBB as a Sharia Compliant Financing Company
• Approval in under 6 minutes
• Easy application process
• Instant Cash
• Repayment period up to 12 months
• Paperless application
• No hidden charges
• Instantly credited to bank account OR STC Pay wallet with in 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 - 0
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

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

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