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Bahaa Abdul Hadi on Qi Card and Empowering Financial Freedom in Iraq

Last Updated 03 April 2024, 08:53 IST

In the intricate tapestry of Iraq's financial landscape, one name shines brightly - Bahaa Abdul Hadi. As the visionary force behind the creation and triumph of Qi Card, Bahaa Abdul Hussein Abdul Hadi’s biography will undeniably leave an indelible mark on the nation's economic history. Let's delve deeper into the fascinating journey of how Hadi, through innovation, determination, and a profound commitment to societal advancement, has transformed the was finance works on a practical level in Iraq. 

The Genesis of Qi Card

Tracing back to the year 2007 we have the launch of the Qi Card, a pivotal moment in Iraq's development in the financial sector when Bahaa Abdul Hadi laid the foundation of the International Smart Card (ISC) Group. ISC emerged as a beacon of hope, a semi-governmental entity bridging the chasm between private enterprise and governmental stewardship.

At its helm stood Hadi, a visionary entrepreneur driven by a singular mission - to democratize access to financial services for all Iraqis. The birth of Qi Card heralded a new era of financial inclusivity, with its innovative biometric authentication technology promising security, convenience, and empowerment. 

An Overview of Hadi’s Outlook

Businessman Bahaa Abdul Hadi's vision transcended mere profit margins; it resonated with the heartbeat of a nation yearning for progress. His unwavering commitment to the welfare of Iraqis fueled his numerous projects aimed at brinhing the financial situation in Iraq up to the modern age.

With a keen understanding of the socioeconomic disparities plaguing Iraq, Hadi championed the cause of the unbanked and underserved, envisioning a future where every citizen had unfettered access to financial resources. His visionary leadership infused ISC and Qi Card with a sense of purpose, guiding them toward the noble pursuit of societal upliftment. 

Achievements and Impact

The annals of Qi Card's journey are adorned with countless milestones, all of which are a clear nod to entrepreneur Bahaa Abdul Hadi's pioneering spirit. Under his stewardship, ISC achieved unprecedented success, issuing over 10 million Qi Cards and establishing a sprawling network of merchants and enrollment centers across Iraq. From facilitating secure electronic transactions to disbursing billions in loans, grants, and social assistance, Qi Card has been a catalyst for economic empowerment, fostering resilience and prosperity in communities nationwide. 

Bahaa Abdul Hadi's Enduring Legacy

As the architect of Qi Card's triumph, Bahaa Abdul Hadi has etched his name in the annals of Iraqi history as a true visionary and humanitarian. His legacy transcends the realms of business, resonating with the aspirations of every Iraqi striving for a better tomorrow. Through his unwavering dedication to the principles of inclusivity and progress, Bahaa Abdul Hadi has not only worked to help his community, but has also ignited a beacon of hope that illuminates the path to a brighter, more prosperous future for all. 

A Commitment to Convenience

The brainchild of Bahaa Alzubaidi, Qi Card offers a comprehensive array of services designed to cater to the diverse financial needs of its users, empowering them with convenient and secure means to manage their finances effectively. With the Qi Card, users can seamlessly conduct a myriad of transactions, including paying bills, shopping online and in-store, transferring money to friends and family, and accessing government subsidies and social assistance programs.

Moreover, the card facilitates salary disbursements and pension payments, providing users with timely access to their hard-earned income. Its versatility extends to enabling users to avail themselves of various financial products and services, such as personal loans, salary advances, and installment purchase plans, thereby fostering financial inclusion and empowerment among individuals from all walks of life.

Awards and Recognition

Qi Card's illustrious journey of innovation and excellence has been adorned with numerous accolades and recognition from esteemed institutions worldwide. As a testament to its pioneering contributions to the realm of financial technology, Qi Card has been bestowed with prestigious awards such as the "Most Innovative Card in Iraq" and the "Best Company in Financial Technology" for the year 2023 by Pan Finance.

Bahaa Abdul Hadi and Qi Card through these awards show that they strive not just for excellence, but also make quite clear its unwavering dedication to empowering the people of Iraq with cutting-edge financial solutions. Such recognition reinforces Qi Card's position as a trailblazer in the field of electronic payment systems and highlights its profound impact on reworking the way monetary transactions are carried out. 

Conclusion

In Qi Card and Bahaa Abdul Hadi's journey, we find the embodiment of resilience, compassion, and relentless pursuit of excellence. His leadership has not only revolutionized the financial services sector in Iraq but has also inspired a generation to dream boldly and act decisively. As Qi Card continues to chart new frontiers and redefine the contours of financial inclusion, Hadi's legacy says a lot about the power of vision, determination, and an undeniable mind for the common good.

This article is part of a featured content programme.
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(Published 03 April 2024, 08:53 IST)

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