Dubai Islamic Bank and Qatar Airways Launch Avios Rewards Partnership

Ever wished your everyday spending could fuel your travel dreams? Well, great news! Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, just teamed up with Qatar Airways Privilege Club to do exactly that. This exciting partnership lets DIB customers turn their Wala’a Rewards into Avios, the loyalty currency that unlocks amazing travel and lifestyle perks with Qatar Airways. Think premium flights, upgrades, and even curated experiences – all within reach. This new Avios redemption option supercharges DIB’s Wala’a Rewards program, giving you more flexibility and control than ever over how you use your points. It’s not just about accumulating points; it’s about making them work for you and opening up a world of possibilities.

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Maximizing Your Avios Potential

This strategic partnership provides DIB customers with seamless access to the world of Avios, the key to unlocking a wide spectrum of benefits with Qatar Airways Privilege Club. By converting Wala’a Rewards into Avios, customers gain access to a treasure trove of rewards, including:

• Global Flights: Redeem Avios for flights with Qatar Airways, oneworld® airlines, and a network of partner airlines, connecting you to over 170 captivating destinations across the globe. Whether it’s a bustling metropolis, a serene island escape, or a cultural exploration, your Avios can take you there.
• Elevated Travel Experiences: Enhance your journey by using Avios for seat upgrades, allowing you to indulge in greater comfort and enjoy premium services. Imagine stretching out in business class or experiencing the luxury of first-class – your Avios can make it happen.
• Stress-Free Travel: Avoid the hassle of excess baggage fees by using Avios for extra baggage allowance, ensuring a smooth and worry-free travel experience. Pack everything you need without the added stress of baggage restrictions.
• Luxury Redefined: Experience the pinnacle of premium travel with direct bookings through Qatar Executive, using your Avios to access unparalleled luxury and personalized service. From private jet charters to exclusive airport lounge access, Qatar Executive offers a truly exceptional travel experience.
• Curated Vacations: Craft your perfect getaway with bespoke vacation packages from Qatar Airways Holidays, leveraging your Avios to offset costs and create unforgettable memories. Whether you’re seeking adventure, relaxation, or cultural immersion, Qatar Airways Holidays can tailor a package to suit your preferences and budget.
• Retail Therapy: Indulge in a world of shopping and dining experiences at Qatar Duty-Free, using your Avios for discounts and purchases. Treat yourself to souvenirs, luxury goods, or delicious meals during your travels.
• Exclusive Access: Unlock a world of exclusive experiences and curated offers through the Privilege Club Collection, using your Avios to access unique opportunities and personalized privileges. From VIP events to curated travel packages, the Privilege Club Collection offers a range of exclusive benefits for its members.

This new Avios redemption option offers unparalleled flexibility and choice for DIB customers, empowering them to maximize their banking rewards and tailor them to their individual travel and lifestyle preferences. Whether it’s a long-awaited dream vacation, a spontaneous weekend getaway, or simply enjoying the perks of premium travel, Avios provides the key to unlocking a world of possibilities.

Enhanced Rewards and Unparalleled Value

This strategic partnership is a perfect complement to the existing benefits offered by Qatar Airways Privilege Club, particularly for members residing in the UAE. With an impressive 91 weekly frequencies operated by Qatar Airways from the UAE to Doha and beyond, including 35 weekly flights each from Dubai and Abu Dhabi and 21 weekly flights from Sharjah, DIB customers now enjoy enhanced access to global travel opportunities. The ability to seamlessly convert Wala’a Rewards into Avios adds another layer of value and convenience for frequent flyers, travel enthusiasts, and those seeking to maximize their rewards.

To celebrate the launch of this exciting partnership and welcome DIB customers to the world of Avios, a limited-time bonus Avios promotion is being offered. Until February 28, 2025, all conversions to Avios will earn a generous 40% bonus. This is an exceptional opportunity for DIB customers to significantly boost their Avios balance and unlock even more travel rewards. For every 20,000 Wala’a Rewards converted, customers will receive 1,000 Avios with Qatar Airways Privilege Club, plus the substantial 40% bonus, making this an incredibly valuable and enticing offer. This limited-time promotion provides an added incentive for DIB customers to experience the benefits of Avios and explore the world of travel opportunities that await them.

DIB’s Commitment to Customer-Centric Innovation

This strategic initiative reflects DIB’s ongoing and unwavering commitment to enhancing its loyalty program, providing customers with valuable and relevant rewards that seamlessly complement their banking journey. Customers enrolled in the Wala’a Rewards program earn points automatically through a variety of everyday banking activities, including purchases made with DIB cards, bill payments via DIB digital channels, salary transfers, and financing solutions. By introducing Avios redemption as a new and exciting option, DIB continues to expand the range of benefits available to its loyal customers, ensuring they enjoy a more rewarding, personalized, and seamless banking experience. This collaboration aligns perfectly with DIB’s core mission of providing innovative, customer-centric solutions that anticipate and meet the evolving needs of its customers in today’s dynamic and rapidly changing financial landscape. DIB is constantly striving to provide its customers with the best possible banking experience, and this partnership with Qatar Airways is a testament to that commitment.

The Power of Strategic Partnerships

Sanjay Malhotra, Chief Consumer Banking Officer at Dubai Islamic Bank, commented: “At DIB, we remain steadfastly committed to delivering innovative banking solutions and forging meaningful partnerships that enhance our customers’ financial and lifestyle experiences. The integration of Wala’a Rewards with Qatar Airways Privilege Club represents a significant milestone in the evolution of our loyalty program, offering customers the opportunity to seamlessly convert their points into Avios for exceptional travel and lifestyle benefits. This strategic partnership reinforces our commitment to providing greater value, enhanced flexibility, and unparalleled choice, ensuring our customers enjoy an enriched and truly rewarding banking experience.”

Thomas Vadakedath, Senior Vice President Of loyalty from Qatar Airways, added: “Qatar Airways Privilege Club is delighted to introduce a new and convenient way of collecting Avios for our valued members in the UAE with the launch of our new partnership with Dubai Islamic Bank. This initiative is an integral part of our ongoing journey to make the program even more relevant and accessible for our members, providing them with more avenues to collect and redeem Avios. The limited-time launch offer provides our members with the opportunity to enjoy even greater value when converting their Wala’a Rewards to Avios, maximizing the benefits of their membership. Members can choose to spend their Avios for rewards of their choice, opening up a world of possibilities when they explore over 170 global destinations through our hub in Doha.”

Wala’a Rewards, Dubai Islamic Bank’s flagship loyalty program, is meticulously designed to transform everyday banking activities into valuable and tangible rewards. Customers earn points automatically through a variety of transactions, and these points can be redeemed for an extensive selection of benefits, ranging from travel and lifestyle experiences to exclusive shopping discounts and curated offers. With the introduction of Avios conversion as a new redemption option, Wala’a Rewards now provides even greater flexibility, choice, and control, empowering customers to maximize their rewards and tailor them to their individual preferences and travel aspirations. Wala’a rewards program is a testament to DIB’s commitment to rewarding its loyal customers and providing them with exceptional value.

Dubai Islamic Bank: A Recognized Leader in Islamic Finance

Established in 1975, Dubai Islamic Bank stands as the largest Islamic bank in the UAE by assets and a publicly listed company on the Dubai Financial Market. A true pioneer in the global Islamic finance industry, DIB is also recognized as the world’s first full-service Islamic bank and ranks among the largest Islamic banks worldwide. With Group assets exceeding USD 90 billion and a market capitalization of more than USD 14 billion, the group operates with a dedicated workforce of over 10,000 employees and a vast network of around 500 branches spanning the Middle East, Asia, and Africa. Serving over 5 million customers across the Group, DIB offers an ever-expanding range of innovative and Shariah-compliant products and services to retail, corporate, and institutional clients. DIB’s unwavering commitment to innovation, customer satisfaction, and ethical banking practices is evident in its continuous efforts to enhance its offerings and forge valuable partnerships like the one with Qatar Airways Privilege Club.

In addition to being the first and largest Islamic bank in the UAE, DIB has cultivated a significant international presence, actively promoting Shariah-compliant financial services across numerous markets worldwide. The bank has established DIB Pakistan Limited, a wholly-owned subsidiary that is the first Islamic bank in Pakistan to offer Priority & Platinum Banking, as well as the most extensive and innovative portfolio of Alternate Distribution Channels. The launch of Panin Dubai Syariah Bank in Indonesia in early 2017 marked DIB’s first foray into the Far East, where the bank.