QIB structures home finance as Diminishing Musharaka or Murabaha — not a conventional mortgage. Underwriters want 6 months of statements, salary continuity, and a documented down payment. Convert your PDF first.
Convert your QIB statementQatar's real estate finance market sits under Qatar Central Bank rules and the Real Estate Regulatory Authority (RERA) framework for designated investment zones. QIB offers Sharia-compliant Diminishing Musharaka (the bank co-owns and gradually transfers the property) and Murabaha (cost-plus) for home finance. Both follow Islamic structure; neither charges riba. The paperwork the underwriter wants is the same as at a conventional bank: stable WPS salary, manageable existing finance obligations, and a down payment whose origin is documented.
QIB typically requests 6 months of statements for resident applicants and a longer history for non-residents on RERA-approved properties (Pearl-Qatar, Lusail, West Bay Lagoon and other freehold and leasehold investment zones). The bilingual PDF format is high quality, but the substance of the review is unchanged: salary lines on the Credit side, existing Murabaha and Ijara instalments on the Debit side, and a closing balance that supports the down-payment narrative.
Three things dominate: salary stability, existing Islamic finance obligations, and down-payment seasoning. Salary stability means 'راتب' (WPS) credits arrive on a predictable date at a consistent amount, ideally with an upward trend over 3+ years. Existing obligations means current Murabaha or Ijara instalments at any Qatari bank — QIB sums these against the QCB regulatory debt-burden ceiling.
Down-payment seasoning means the funds for the deposit have been visible in the account for 60+ days (sometimes longer for higher-value properties or non-resident applicants). Recent inbound transfers — even legitimate gifts from family — raise questions and require donor letters with source-of-funds documentation. The running balance column in the Kashfbank export makes seasoning visible: scroll back, find the date the funds first appeared, count forward.
For a Qatar real estate purchase, the practical preparation is to pull 12 months of statements, convert them into one merged Excel, and walk the rows yourself before the underwriter does.
Formally structured bilingual A4 PDF. Islamic product type prominently labeled in narration column. QAR balance updates after each row. Comprehensive account header: IBAN, product type (Current/Savings-Mudaraba/Investment), statement period, customer segment. Sharia board certification reference on footer.
| Label | Meaning |
|---|---|
| مرابحة | Murabaha financing repayment |
| إجارة | Ijara lease payment |
| وكالة | Wakala investment |
| راتب | Salary (WPS) |
| تحويل فوري | Instant transfer |
Rules in Qatar differ — see our country guide
Pull 12 months from QIB Mobile
QIB Mobile exports up to 24 months of history. For home finance, 12 months is the working minimum; 24 is preferred for self-employed or commission-based applicants. Download as PDF.
Convert into one merged Excel
Upload to Kashfbank. The export gives you a continuous chronological sheet across the full period. The QAR balance updates after every row — that is your seasoning evidence. Murabaha and Ijara entries are tagged separately from operating expenses.
Document the down-payment trail
Highlight the rows that built up the down-payment. If funds came from a property sale, attach the sale deed. If from a family gift, attach a gift letter and donor source-of-funds. The underwriter will ask for both; pre-attaching saves a round trip.
Submit with the PDF originals
QIB's home-finance desk requires the bank-stamped original PDFs. Your Excel export is for your own preparation and for any conversation with your property advisor.
Common challenges
What is Diminishing Musharaka and how does it differ from a conventional mortgage?
Diminishing Musharaka is a Sharia-compliant home-purchase structure where the bank and customer co-own the property, and the customer gradually buys out the bank's share over the finance period. There is no interest; the customer pays a rental component for the bank's share alongside the principal buy-out. QIB statements show monthly instalments combining both, labelled clearly so they are not mistaken for operating rent.
Can a non-resident foreigner finance a property in Qatar through QIB?
Foreign nationals can buy in RERA-designated freehold and leasehold investment zones (Pearl-Qatar, Lusail, West Bay Lagoon, and others). QIB offers finance on approved properties for both residents and non-residents, with different loan-to-value ratios and documentation requirements. Non-residents typically need 24 months of statements and a stronger collateral position.
How does QIB treat down-payment funds that came from outside Qatar?
International inbound wires for down-payment purposes must be source-of-funds documented. The underwriter will ask where the money came from before it entered Qatar, which often means submitting statements from your home-country bank as well. Kashfbank handles statements from many international banks if you need to convert those too.
Are bonus payments counted toward qualifying income?
QIB typically accepts a portion of bonus income (often half) if there is a multi-year history of consistent bonuses. A one-off bonus does not count. The Kashfbank export lets you isolate and total bonus credits across the full statement period so you and the underwriter agree on the qualifying figure.
Freelancers
Extract, categorize, and export freelance income and expenses from PDF bank statements — ready for 1099, self-assessment, or ZATCA filings.
Tax Preparation
Convert PDF bank statements to clean spreadsheets for Zakat, VAT, corporate tax, and self-assessment filings across GCC and international markets.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Upload PDF, get Excel in seconds
Try it free10 free credits on signup
Regulator: Qatar Central Bank (QCB)
Fiscal year: Jan 1 – Dec 31
Full country guide →Statement language: Arabic / English