- July 4, 2019
- Posted by: p mulee
Gulf African Bank customers posing with the newly launched platinum card during the launch. Photo courtesy.
By Samson Oyugi
Leading sharia compliant Bank in the East African region, Gulf African Bank has become the First Islamic bank in the country and region to unveil first sharia compliant credit card(GAB AWWAL) .
The card hold numerous unique and specially designed features to enable customers access it with ease.
This card comes inline with the banks commitment to provide new and innovative products that focuses on the special needs of customers at this competitive age.
Speaking during the launch, Gulf African Bank’s Managing Director, Abdalla Abdulkhalik said, “As a financial institution, we are constantly seeking to enhance our products suite and through GAB AWWAL, we will be delivering a world of convenience and exclusivity to our customers, with some benefits that fit even for the global elite.
Notably customers will be able to enjoy our fair pricing model successively saving up to 30% of charges through rebates on monthly service fees. They will also have the a ability to ‘Buy now and Pay later’ which will avail them with flexibility of paying as low as 10% on their monthly card statement with the option of repaying the balance amount of purchases in the subsequent month(s). This card serves as financial bridge for financial gaps one may encounter.
They are 3D secure which guarantees users safety and peace of mind for online transactions”. The card boasts numerous exclusive features including no interest (riba),fair pricing no compounded fees hence there are no bank charges on bank fees and a shop safely purchase protection for users amongst others.
Customers signing for GAB AWWAL are eligible to get up to five additional cards for their immediate family members for free.
They also enjoy luxurious travel with direct and easy access to over 700 airport lounges in 400 cities worldwide regardless of the choice of airline or class of airline ticket, giving them an experience of comfort and quality services since they are directly linked to the VISA Lounge key.