Dubai Islamic Bank Partners with Qatar Airways Privilege Club to Launch Wala’a Rewards Redemption for Avios

Unlocking unparalleled travel and lifestyle reward options for DIB customers with Qatar Airways Privilege Club

Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has entered into a new partnership with Qatar Airways Privilege Club, enabling customers to convert their Wala’a Rewards into Avios. This collaboration expands the range of redemption options available to DIB customers, offering seamless access to travel and lifestyle benefits.

As part of this partnership, DIB customers can now redeem their Wala’a Rewards for Avios, which can be used for flights with Qatar Airways, oneworld® airlines and partner airlines, as well as for seat upgrades, extra baggage allowance, direct bookings with Qatar Executive, packages with Qatar Airways Holidays, shopping and dining at Qatar Duty Free, exclusive experiences on Privilege Club Collection and much more. The ability to convert Wala’a Rewards into Avios provides greater flexibility for customers who seek to maximise their banking rewards for premium travel and lifestyle experiences. Additionally, this partnership complements the reward options for Qatar Airways Privilege Club members in the UAE with the flexibility of 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 will receive 1,000 Avios with Qatar Airways Privilege Club for every 20,000 Wala’a Rewards converted. Additionally, all conversions to Avios until February 28, 2025, will earn 40% bonus Avios as part of the limited-time offer to celebrate the launch of this partnership.

This initiative is part of DIB’s ongoing efforts to enhance its loyalty program and provide customers with valuable rewards that complement their banking journey. Customers enrolled in the Wala’a Rewards programme earn points through various banking activities, including purchases made with DIB covered cards, bill payments via DIB digital channels, salary transfers, and financing solutions. By introducing Avios redemption, DIB continues to expand the benefits available to its customers, ensuring they enjoy a more rewarding and seamless experience. The collaboration aligns with DIB’s commitment to providing innovative, customer-centric solutions that meet the evolving needs of its customers.

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

Thomas Vadakedath, Senior Vice President Loyalty from Qatar Airways commented: “Qatar Airways Privilege Club is proud to introduce a new way of collecting Avios for our members in the UAE with the launch of our new partnership with Dubai Islamic Bank. This initiative is part of our ongoing journey to make the programme even more relevant for members and provide them with more avenues to collect Avios. Additionally, the limited-time launch offer gives our members the opportunity to enjoy more value when converting their Wala’a Rewards to Avios. Members can choose to spend their Avios for rewards of their choice when they explore over 170 global destinations through Doha.”

Wala’a Rewards is Dubai Islamic Bank’s premier loyalty program, designed to transform everyday banking into valuable rewards. Customers earn points automatically through a variety of banking activities, these points can be redeemed for an extensive selection of benefits, from travel and lifestyle experiences to shopping and exclusive offers. With the introduction of Avios conversion, Wala’a Rewards now provides even greater flexibility, allowing customers to maximise their rewards for travel and lifestyle rewards of their choice with Qatar Airways Privilege Club.

For more information about Wala’a Rewards and how to redeem them for Avios, please visit www.dib.ae.