Al Baraka Islamic Bank (AIB – Bahrain) has introduced its first Shari’a compliant credit card.
The lender said that the new credit card aims at providing Shari’a compliant financing solutions, which address specific needs and provide enhanced benefits for customers. It card will be available in three variants: Gold, Titanium and Platinum.
Cardholders will get the most competitive rates in Bahrain and will be automatically enrolled in the Al Baraka Rewards programme, which can be redeemed anytime and anywhere within the rewards network and on the online catalog.
The points can be redeemed for flight booking on more than 900 airlines, stay in over 200,000 hotels, car rentals and items available on Al Baraka’s online catalogue.
AIB – Bahrain CEO Mohamed Isa Al Mutaweh said: “This is a significant juncture in our history as these vastly beneficial credit cards serve to be our latest addition to our wide range of financial solutions and highlights our strive to continue offering flexible solutions to address the diverse fiscal needs of our customers, from personal necessities to family matters.”