MUSCAT– Meethaq Islamic Banking from Bank Muscat has announced the launch of new VISA Platinum and Gold credit cards for its customersm enhancing its existing cards proposition. The launch of the cards is another step undertaken by Meethaq to demonstrate its commitment towards serving its customers in a better way. To encourage customers to sign up and benefit from the new VISA credit card features, Meethaq Islamic Banking is waiving the 1^st year annual fees on these cards for a limited period subject to customers signing up for both primary and supplementary credit cards.

Speaking about the product launch, Sami Arfah Bait Rashid, Assistant General Manager – Meethaq Personal Banking, said: “Meethaq is delighted to offer the new VISA Credit Cards to its customer base. VISA is well known for their cutting-edge electronic payments platform that facilitates billions of transactions worldwide every year. Meethaq is always delighted to listen to its customers and offer them various Islamic banking services and facilities, which comply with the principles of Shari’a and are aligned to their needs. I would also like to take this opportunity to thank all our customers for their strong confidence in Meethaq Islamic banking and its cutting-edge products and services.”

Meethaq’s Visa Credit Cards are based on the concept of Ujrah with no profit-based fees. Cardholders can enjoy 52 days of profit-free credit period, 24-hour cash advance facility from Visa ATMs worldwide and a secure Internet shopping via online OTP service. Travel benefits on the cards include free travel takaful for tickets bought with the card, offers at some of the most iconic and distinctive hotels worldwide as well as discounts at a number of merchants worldwide. The cards feature both contactless and Chip and PIN payments at PoS terminals for highly secure transactions, and are accepted worldwide at more than 30 million locations. Customers also benefit from Meethaq’s Easy Payment Plan facility wherein they can pay for their big-ticket purchases at selected merchants in Oman over a period of 12 months, without needing to pay any extra amount for the extended credit facility.

It must be noted that every Meethaq product goes through the process of Shari’a compliance certification by the Shari’a Supervisory Board and is created in line with the guidelines of the Central Bank of Oman. Meethaq Islamic Banking has been well recognised for its prominent role in providing banking services and facilities that are compliant with the principles of Islamic Shari’a. Accolades won previously include the Best Islamic Bank in Oman award from Islamic Finance News (IFN) and Oman’s Most Trusted Brand (Islamic Banking) from Apex Media in 2021, which reflect excellent customer confidence in Meethaq’s world-class products and services.

For more information on Meethaq, please go to https://www.meethaq.om