Qualampur: Bank Islam Malaysia BHD has launched Bank Islam MasterCard Debit Card-I in collaboration with MasterCard.
Mizan Masram, Chief Business Officer of Bank Islam Group, highlighted that this new product is part of the bank’s widespread strategy to strengthen its position in the Islamic banking sector.
He said at a press conference recently at a press conference, “With many new prasad and strategic campaigns, the bank is targeting double -digit growth in 2025, expected to increase its financial portfolio by at least 10% by the end of the year.”
MasterCard Debit Card-I are designed not only to provide easy global transactions, but also to strengthen the bank’s commitment for moral and socially responsible banking, said Mizan.
“For each card issued, RM2 will be contributed to the SADAQA House, Bank Islam’s Socio Finance Initiative Zakat And Waqf Extend the price proposal of the program, card. ,
The new debit card, which follows Islamic banking principles, provides global approval to customers over 100 million traders, ensuring top level safety and moral financial transactions.
With launch, Bank Islam introduced campaign to encourage adoption of new cards.
MasterCard Debit Card-I cashback campaign runs from 13 February to 31 August, making customers earn 1% cashback on transactions made in selected traders.
In addition, Mizan reiterated the bank’s commitment to reward customers through his al-sub-investment account, a transaction investment account that has produced 46 millionaires since its inception.
He said, “With more than RM80 million in the available awards, customers have the opportunity to win through monthly, quarterly, semi-annual and annual draw,” he said.
At the same time, Mizan warned customers about fraud activities and scams that misuse the Al-Affar brand.
He said, “Customers are reminded that bank Islam never requested personal information through external links and is advised to open open accounts only through official branches, bank websites or its mobile apps,” he said.
Mizan said that the Al-Earnest program is more than an investment account.
“Made on Mudarab This structure ensures moral financial development by offering ways to combine customers to invest a meaningful and spiritually. ,
Mizan emphasized importance Zakat Contributing with its goal of contributing, financial literacy within the community and its goal of promoting responsible banking.
MasterCard Malaysia and Brunei country manager Bina Pothen said that the launch of Bank Islam MasterCard Debit Card-I reflects MasterCard’s commitment to provide Siriah-Anupal Husbandry Payment solutions that enhance banking experiences for Malaysian people.
He said, “This bank also demonstrates a shared vision with Islam, which co-creates meaningful banking products that align with consumer values and needs, strengthening a collective objective to run innovation and give positive contribution to the community,” he said.
With the launch of continuous investment in MasterCard Debit Card-I and digital banking solutions, Bank Islam is confident of achieving its 10% development target for 2025. It is committed to expand its footprint in the Islamic banking industry, enhance customer experience and maintain its leadership in sarriatrical financial services.