Tamweel App app analytics for July 11

Introducing the Al Jazeera Finance “Tamweel App” – a secure and convenient digital platform that enables customers to apply for and manage finance offered by Al Jazeera Finance. The app allows users to submit finance applications, track their status, and manage approved finance anytime and anywhere. The Tamweel App acts solely as a facilitator for finance products offered by Al Jazeera Finance, a company licensed and regulated by the Qatar Central Bank (QCB). The maximum Annual Percentage Rate (APR) applicable to finance products offered through the Tamweel App is 7.35% (reducing rate), in accordance with Qatar Central Bank (QCB) regulations. This rate is subject to change from time to time based on QCB directives. Finance are offered for a minimum period of 12 months, with repayment periods extending up to 84 months for Qatari nationals and up to 48 months for expatriates. The final applicable APR, repayment schedule, and any associated fees or charges are clearly disclosed to customers prior to approval and acceptance of any finance facility. For transparency, here is a representative example for illustration purposes only: if a Qatari customer requests a finance amount of QAR 100,000 with a repayment term of 48 months, the total repayment amount would be approximately QAR 115,387, resulting in a monthly installment of about QAR 2,404. Actual terms may vary depending on the customer’s profile, eligibility, and prevailing QCB regulations. The Tamweel App enables users to apply digitally for personal, vehicle, and home finance facilities, track the status of submitted applications, and view details of approved finance facilities, including installment amounts, payment schedules, and transaction history. Customers can make payments and manage their finance accounts without the need to visit a branch. In addition to finance management, the app allows users to submit service requests, track their progress, and receive notifications when actions are completed, ensuring timely support and improved customer convenience throughout the finance lifecycle. Al Jazeera Finance places a strong emphasis on security and customer data protection. The Tamweel App uses advanced security measures, including data encryption and multi-factor authentication, to safeguard user information. A detailed Privacy Policy describing data collection, usage, and protection practices is available in the Privacy Policy section on https://www.aljazeera.com.qa/en/mobile-application-privacy-policy/. Customers can also enable alerts to monitor account activity and respond quickly to any unusual behavior. The Al Jazeera Finance Tamweel App is designed to provide a simple, transparent, and reliable experience for customers seeking to manage their finances digitally while remaining fully compliant with applicable regulatory requirements.