BML Islamic has introduced the country's first-ever Shari’ah-compliant Credit Card.
The new BML Islamic Credit Card that runs on the American Express network was launched with a host of local and international benefits for Card Members, including exclusive savings on booking.com and offers on dining experiences.
The Credit Card also offers installment payments through BML EasyPay.
The BML Islamic Credit Card is offered based on the principle of Ujrah, the concept of charging an agreed fee for providing services to a customer.
Customers can also register for the BML Rewards program to earn points for making purchases on credit cards. Rewards points can then be used for flight, car, or hotel bookings, or even vouchers on local and international merchants.
Director of Islamic Banking, Hassan Kalaam commented that BML Islamic Credit Cards are designed to meet the needs and preferences of its customers who wish to use a Shari’ah-compliant payment solution.
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The new BML Islamic Credit Card from the Bank can be used for both local and foreign transactions and has the same advanced security features as other cards from the Bank. It is available as a Standard, Gold, and Platinum card.
Further details on the BML Islamic credit cards available on the Bank’s website
