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Instant, Sharia-compliant financing and payment solutions for consumers in Bahrain.

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Tracked since2026
0 reviews tracked

The Bottom Line

Entry price

Paid plans only

Biggest pro

Offers instant approval for financing requests.

Biggest con

Financing is limited to residents of Bahrain.

TL;DR - FLOOSS

  • Provides instant, Sharia-compliant financing up to 2,500 BHD.
  • Offers a "Split" feature to divide purchases into four installments.
  • Licensed and regulated by the Central Bank of Bahrain, ensuring security and compliance.
Pricing: Paid only
Best for: Enterprises & pros

What is FLOOSS?

Editorial review
FLOOSS provides instant, Sharia-compliant financing and payment solutions through a mobile application, empowering consumers in Bahrain with quick access to funds and flexible payment options. The platform offers instant financing up to BHD 2,500 with flexible repayment durations, catering to individuals aged 21-64 who are employed or retired and hold a valid Bahraini ID or residency permit. Beyond instant financing, FLOOSS also features 'FLOOSS Split' which allows users to divide purchases into four installments, paying 25% upfront and the rest over time. This service is designed to make shopping more accessible and manageable. The company leverages advanced technologies like AI, AML, and open banking to deliver tailored, secure, and instant Islamic financing products, all regulated by the Central Bank of Bahrain.

Available on: iOS, Android

Pros & Cons

Pros

  • Offers instant approval for financing requests.
  • Provides Sharia-compliant financial solutions.
  • Regulated by the Central Bank of Bahrain, ensuring trustworthiness.
  • Allows users to split shopping costs into manageable installments.

Cons

  • Financing is limited to residents of Bahrain.
  • Maximum financing amount is 2,500 BHD, which may not cover all needs.
  • Specific interest rates or fees are not explicitly detailed on the main page.

Key Features

Instant Financing up to 2,500 BHDSharia-compliant financial productsFlooss Split for 4-installment paymentsInteractive financing calculatorMobile app for iOS and AndroidEncrypted security for financial well-being

Pricing

Paid

FLOOSS offers paid plans. Visit their website for current pricing details.

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FLOOSS FAQ

How does FLOOSS provide instant financing to its users?

FLOOSS offers instant financing up to BHD 2,500 through its mobile application, utilizing advanced technologies like AI and open banking for quick approvals. This allows consumers in Bahrain to access funds rapidly for their needs.

What kind of user does FLOOSS best serve?

FLOOSS is designed for employed or retired individuals aged 21-64 who hold a valid Bahraini ID or residency permit. It caters to consumers in Bahrain seeking instant, Sharia-compliant financing and flexible payment options.

How does FLOOSS compare to Payoneer regarding payment solutions?

FLOOSS provides instant, Sharia-compliant financing and payment solutions, including the ability to split purchases into installments, specifically for consumers in Bahrain. Payoneer, in contrast, focuses on global payment processing for businesses and professionals.

Can users split purchases into installments with FLOOSS?

Yes, FLOOSS includes a feature called 'FLOOSS Split' which enables users to divide purchases into four installments. Users pay 25% upfront and settle the remaining amount over time, making shopping more manageable.

What are the main limitations of using FLOOSS for financing?

FLOOSS financing is exclusively available to residents of Bahrain, and the maximum financing amount is capped at BHD 2,500. Specific interest rates or fees are not detailed on the main product page.

How is FLOOSS priced?

FLOOSS is a paid product and does not offer a permanently free tier. It provides financing and payment services, implying associated costs for its use.

Does FLOOSS offer Sharia-compliant financial products?

Yes, FLOOSS specializes in providing instant, Sharia-compliant financing and payment solutions. The platform is regulated by the Central Bank of Bahrain, ensuring its adherence to Islamic finance principles.

Source: flooss.com

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