13 Jul 2015
MANAMA, BAHRAIN – 13 July 2015 – Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new Sharia-compliant prepaid e-Card designed to provide customers a faster, safer and more convenient online shopping experience.
The new e-Card offers unique features and benefits, including real-time top–ups through Ithmaar Bank’s e-Banking or e-Payment platforms, as well as a daily top-up and utilisation limit of BD10,000, and a minimum top-up of only BD1. The new e-Card also allows users to join Bahrain’s most rewarding loyalty programme, Ithmaar Rewards, and accumulate loyalty points with each transaction. Other features include SMS notifications for each transaction, monthly electronic statements, as well as exclusive discounts on shipping charges through Aramex and a USD5 lifetime Aramex Shop and Ship membership.
“Ithmaar Bank has long been a pioneer in recognising industry trends and offering innovative Sharia-compliant products and services that cater to the financing needs of individuals and institutions,” said Ithmaar Bank General Manager, Retail and Private Banking, Abdul Hakeem Al Mutawa. “With the rising popularity of online shopping, the new Sharia-compliant Ithmaar Prepaid e-Card is yet another milestone we are introducing to Islamic banking in Bahrain,” he said.
“Among the key features of the new e-Card is the ability to safely and conveniently deliver purchases through Aramex’s ‘Shop and Ship’ service from 15 different locations around the world to Bahrain,” he said.
Ithmaar recently introduced Bahrain’s most rewarding Credit Cards loyalty programme “Ithmaar Rewards”, a new rewards programme for its MasterCard credit card holders. This rewards programme is by far the most comprehensive of its kind, and promises to further improve the Ithmaar Bank customer experience.