MasterCard and Al Hilal Bank Create “Qibla Card”

Al Hilal Bank has partnered with Mastercard and InfoTec System to offer a unique payment card in Abu Dhabi. At the press of a button, a digital compass locates the direction of the Kaaba (the sacred building at Mecca), to which Muslims turn at prayer. The United Arab Emirates bank’s “Qibla Card” also complies with Shariah laws, which unable Muslims from charging interest rate fees.

With this new card, MasterCard continues to provide personalized solutions to specific markets. In addition to its unique feature of being a convenient prayer tool, Al Hilal Bank’s Qibla Card also offers a zero-profit rate for up to 12 months for “Hajj” and “Umrah” travel. ITP.net reported: “Card holders can avail of many other benefits such as complimentary travel vouchers worth AED 500 for Hajj and Umrah travel packages, a zero-profit rate for up to six months on travel, electronic, jewelry and other purchases, airport lounge access, travel and personal accident coverage, and purchase protection.

In keeping with Islamic tenets, Qibla card holders can also make meaningful contributions to the welfare of local communities. Customers can opt to round off their local retail transactions to the nearest multiples of AED 5, 10 or 100 and credit the rounded off amount to the Red Crescent UAE.”

Listen below for more on this new card from one of MasterCard’s employees.