CrediMax, a Bahrain-based credit card firm, has launched a new Sharia-compliant credit card named Tayseer in the country.

Available in four variants including classic, gold, platinum and corporate card, Tayseer card offers customers with enhanced benefits and value added features including worldwide acceptance of Visa and MasterCard.

Additionally, the cards offer a host of valuable customer benefits such as free supplementary cards, a 100% cash withdrawal limit, and 24-hr access to online banking and customer service.

The platinum card also offers customers unlimited access to Marhaba Lounge in the Bahrain International Airport.

CrediMax CEO Yousif Ali Mirza said the new card offers customers all the great benefits they have come to expect from CrediMax with the added assurance being that the card has been approved by the Sharia Review Bureau (SRB) as Sharia compliant.

"At CrediMax, we are committed to introducing specially designed credit card products by listening to our customer’s and understanding their needs," Mirza added.

"This undoubtedly will be an addition to the local market’s product choices from a product mix perspective and available financially relevant solutions to the end user – our customer."