23 May 2017
Book a meeting today

Al Hilal Bank credit card with compass points to Mecca

23 October 2012  |  6261 views  |  2 credit card

Abu Dhabi-based Islamic lender Al Hilal Bank has teamed up with MasterCard to launch a credit card with a built in digital compass to help customers find Qibla, the direction Muslims must face while performing Salah.

The first of its kind, the 'Qibla' credit card - developed with InfoTec Systems - locates the direction of the Kaaba in Mecca at the push of a button.



The card offers a zero profit rate for up to 12 months for 'Hajj' and 'Umrah' travel - pilgrimages to Mecca. Cardholders can also get complimentary travel vouchers worth AED500 for Hajj and Umrah travel packages, a zero profit rate for up to six months on travel, electronics, jewellery and other purchases.

Mohamed Zaqout, head, personal banking group, Al Hilal Bank, says: "This card embodies Islamic banking at its best as envisioned by Al Hilal Bank."

Comments: (2)

A Finextra member
A Finextra member | 23 October, 2012, 11:53

I see talking heads, but no product demo.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
A Finextra member
A Finextra member | 23 October, 2012, 15:58

There is a video promoting the product with demo.

http://www.youtube.com/watch?v=uiBa4-5YCIA

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

MasterCard launches mobile PayPass SDK

MasterCard launches mobile PayPass SDK

17 September 2012  |  7940 views  |  0 comments
Somali Islamists ban mobile money

Somali Islamists ban mobile money

19 October 2010  |  8183 views  |  0 comments
Bank Islam selects T24 for Shariah-compliant banking

Bank Islam selects T24 for Shariah-compliant banking

14 January 2008  |  9830 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Download the paper nowvisit dh.comvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
European banks lobby Commission to push ahead with screen scraping banEuropean banks lobby Commission to push ah...
8625 views comments | 29 tweets | 35 linkedin
Time for data-driven banking to come of ageTime for data-driven banking to come of ag...
8567 views comments | 28 tweets | 35 linkedin
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
8288 views comments | 27 tweets | 27 linkedin
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
7999 views comments | 22 tweets | 29 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
7824 views comments | 19 tweets | 23 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job