Qasset Installment Program

More enjoyable and convenient shopping with monthly payments at the lowest profit margin in the market.
The Ajman Credit Union Qasset Installment Program allows you to convert your purchase into a choice of smart payment plans.

  • Fixed monthly installments
  • Unlimited installment plans
  • Lowest processing fee
  • Shari'a compliant

The Qasset Installment program makes it easy to buy anything you desire without thinking twice about the immediate payments.

  • Applies to purchase transactions made on your primary or supplementary credit cards
  • Applicable for retail purchases made on your credit card locally or internationally
  • Option to choose from the three payment plans - 3, 6 and 12 months
  • Lowest profit margin in the Kingdom starting from 0.0% per year
  • Lowest processing fee of AED 20 per transaction
  • No limit on the number of installment plans allowed within your available credit limit

The table below illustrates how the Qasset Installment Program works for a transaction of AED 3,000 on a 3, 6 and 12 month installment plan.

Installment calculation on a AED 3000 Transaction
Installment Plan Term 3 months 6 months 12 months
Profit Rate (per month) 0.0.% 0.50% 0.75%
Monthly Installment 1000 515 273

How to benefit from the Ajman Credit Union Qasset Program:

Simply follow these 3 convenient steps:

Step 1: Use your Ajman Credit Union Credit Card to make a purchase of at least AED 1,000.
Step 2: Call Ajman Credit Union’s Customer Service at and request to convert your transaction to the Ajman Credit Union Qasset Program Plan of 3, 6 or 12 months.
Step 3: Pay only the monthly installment for the plan selected. The value of each monthly installment will be reflected in the monthly statement.

* Qasset Program does not apply on cash advances transactions

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