Islamabad, Sep 12: One of the top Islamic banks in Pakistan, Faysal Bank Limited (FBL), is happy to announce the extension of its strategic alliance with Mastercard. Faysal Bank and Mastercard Renew Partnership for Faysal Islami Noor Card
The Faysal Islami Noor Card is Pakistan’s first Shariah-compliant financial product, and its renewal and expansion will only strengthen its position. This cutting-edge credit card substitute is the first of its type in Pakistan and offers our esteemed clients a wide variety of morally acceptable choices for both short-term and long-term financial needs.
Mastercard’s cutting-edge security features, such as fraud detection and encryption, as well as its seamless interaction with contactless and digital payment solutions, are all advantages that the Faysal Islami Noor Card enjoys. This makes sure that local and international transactions are safe, flexible, and seamless, which greatly increases the card’s value for users.
Senior executives from both Faysal Bank and Mastercard, including Yousaf Hussain, President and CEO of Faysal Bank, Aneeq Malik, Group Head of Consumer Finance at Faysal Bank, Arslan Khan, Country Manager of Mastercard Pakistan, and J.K. Khalil, Executive Vice President & Divisional President of Mastercard, attended the ceremony to formally signify the agreement.
Leading the way in Islamic banking innovation, Faysal Bank Limited continuously creates and provides cutting-edge, Shariah-compliant financial products that appeal to the values and beliefs of its clients. The reaffirmation of this collaboration highlights the common goal of utilizing cutting-edge technology and cooperative partnerships to transform the country’s digital payment environment, which complies with Shariah.