Premier Bank and Mastercard have launched Shari’ah-compliant cards in Kenya.
This collaboration offers a suite of debit, credit, and prepaid cards with features like contactless payments and global acceptance.
The cards align with Islamic values and provide financial services for individuals and businesses.
Customers can enjoy benefits like lounge access, travel insurance, and discounts at various merchants.
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“We are excited to embark on this transformative journey with Mastercard. The Premier Mastercard suite reflects our commitment to delivering innovative financial solutions that cater to the evolving needs of our customers. Together with Mastercard, we aim to set new standards for digital banking in Kenya,” said Osman Dualle, CEO of Premier Bank Kenya.
“The introduction of Shari’ah-compliant Premier Mastercard suite is not merely a product launch. It is a strategic initiative that exemplifies our commitment to enabling communities with secure, convenient, and tailored financial services. As Kenya continues to embrace digital transformation, this initiative will play a pivotal role in shaping a more inclusive financial landscape that caters to the evolving needs of individuals and businesses across the country,” said Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard.
