Credit Card Bank Islam
Ujrah itself is a generic term in arabic which translates to fee however it is usually used specifically in relation to a fee that is charged in exchange for a service.
Credit card bank islam. Bank islam issues credit and debit cards in malaysia under a total of ten different issuer identification numbers or iins also called bank identification numbers or bins. Riba is usually translated as interest which means an extra amount charged in transactions dealing with silver gold or money. Convenient secure online banking.
Bank islam card bic is the first purely shariah contract based credit card to be offered to muslims and non muslims in malaysia. Perform your everyday banking needs and access your accounts anytime anywhere direct from your web browser or smartphone. Definitions in these terms and conditions where the context so admits the following words shall.
Bank islam credit card i terms conditions effective may 2017 page 1 of 22 1. Overview the terms and conditions herein shall apply to all cards and supplementary cards issued by bank islam malaysia berhad the bank. Building on the strength of that foundation bank islam now offers a range of credit cards that cater to everyone s needs with classic gold and platinum mastercards that give you unlimited cashback on every single purchase.
Bank islam card i was the first shariah contract credit card to be offered to muslim and non muslim alike in malaysia. The bank islam business credit card i facility bic i facility granted by bank islam malaysia berhad 98127 x hereinafter referred to as the bank to the cardmember and the use of the bank islam business credit card i card i by the authorised cardholder shall be subject to this terms and conditions. Save more with our non compounding charges credit cards.
For banks with multiple iins cards of the same type or within the same region will generally be issued under the same iin. Never go to the bank again. Examples of islamic credit card that uses this concept in malaysia is bank islam s platinum visa credit card i and gold classic credit card i.