FLOOSS, a leading provider of digital financial solutions in Bahrain, has announced a partnership with Bahrain Channels to offer Shariah-compliant financing solutions for smart devices. This collaboration will allow customers to purchase a wide range of smart devices and services through Bahrain Channels with flexible monthly installments, all facilitated through the FLOOSS application.
The new agreement enables Bahrain Channels’ customers to access FLOOSS’s innovative financing services, which ensure all purchases align with Islamic principles. This partnership aims to enhance the online shopping experience, providing a seamless and convenient way for consumers to manage their finances while accessing the latest technology.
FLOOSS CEO Fawaz Ghazal expressed excitement about the partnership, stating, “We are thrilled to announce our partnership with Bahrain Channels, which represents a significant step towards our vision of providing innovative financial solutions that meet our customers’ needs. We believe this service will improve access to devices and enhance the shopping experience in Bahrain.”
Majed Alhashili, General Manager of Bahrain Channels, shared optimism about the collaboration, noting that it will boost sales by offering customers an easy financing option. “By offering the option to apply for financing when purchasing devices, we enable buyers to meet their needs without putting a strain on their finances,” he said.
The partnership agreement was signed by Fawaz Ghazal, CEO of FLOOSS, and Majed Alhashili, General Manager of Bahrain Channels, with representatives from both companies present, including Mustfeez Aslam, Head of Research and Development at FLOOSS, and Ahmed Hani, Director of Strategy and Category Management at Bahrain Channels.
