Muscat: alizz islamic bank, the newest Islamic bank in Oman, has launched its Sharia-compliant Titanium and Platinum MasterCard credit cards on Wednesday.
The new premium offering from alizz islamic bank, in collaboration with MasterCard follows the launch of the Sharia-compliant MasterCard debit card.
Speaking on this occasion, Jamal Darwiche, acting chief executive officer of alizz islamic bank said: "The Titanium and Platinum MasterCard credit cards offer a range of unmatched features and privileges that provide cardholders with exclusive lifestyle benefits."
"Besides enjoying seamless global acceptance at 35.9 million locations worldwide, alizz islamic bank cardholders will also have access to select airport lounges across the Gulf Cooperation Council (GCC), along with premium benefits and luxury retail shopping advantages offered by MasterCard's widely popular Priceless Arabia programme," he said.
"We are proud to collaborate with MasterCard to introduce the Sharia-compliant Titanium and Platinum MasterCard credit cards tailored to meet the evolving requirements of the affluent segment. Being a newly formed financial institution that operates in compliance with Islamic principles, this launch represents a milestone in our ambitious plans to become Oman's leading Islamic bank. Our vision is to provide our customers with innovative financial services and solutions that are exceptional and responsive to customers' requirements, and our collaboration with MasterCard is the best testament on our successful move towards achieving this vision."
Raghu Malhotra, division president, Middle East and North Africa, MasterCard said, "Islamic solutions are gaining tremendous popularity among consumers in the region, especially across the GCC. At MasterCard, we identified this trend early on and have been working closely with financial institutions across the region to develop a range of unique products that address the specific needs of the community. We are delighted to collaborate with alizz islamic bank to introduce the Sharia-compliant Titanium and Platinum MasterCard Credit Cards which we believe will match the expectations of the bank's affluent segment and complement their lifestyle requirements."