FLOOSS BAHRAIN

FLOOSS is Bahrain’s Sharia-compliant digital financing app designed to help you move through life with ease. Whether you're shopping, planning something important, or simply need financial flexibility, FLOOSS gives you fast access to financing directly from your phone.
Apply in minutes and receive funds directly to your bank account, or use FLOOSS to shop from a growing network of merchants.

Why FLOOSS?
Fast approvals
Apply in minutes and receive a decision quickly.
Direct bank transfer
Approved funds are transferred straight to your bank account.
Sharia-compliant financing
Structured according to Islamic financing principles.
Flexible repayments
Choose repayment plans that work for you.
Fully digital experience
Apply, track, and manage everything in the FLOOSS app.
OTHER Services:
• Buy Now Pay Later
• Flooss Souq

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


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


Security of your data is our top priority; FLOOSS does not share your information and will never ask for PIN’s.
Contact Us:
For inquiries or help, contact us at info@flooss.com or 13310055.