December 9, 2024
On December 9th , 2024, Qatar Islamic Bank (QIB), Qatar’s leading digital bank, signed a landmark Memorandum of Understanding (MoU) with PayLater, a Qatari FinTech company specializing in Buy Now, Pay Later (BNPL) solutions. The partnership will deliver Shari’a compliant BNPL services to customers and merchants in Qatar, providing flexible financing solutions that promote financial inclusion and support the growth of the nation’s digital economy.