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Premier Bank Teams Up with Mastercard to Unveil Shariah-Compliant Cards in Kenya

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NAIROBI, Kenya- Premier Bank Kenya, a leading Islamic financial institution, has joined forces with Mastercard to introduce an innovative suite of Shariah-compliant debit, credit, and prepaid cards. 

This partnership aims to reshape Kenya’s digital banking experience, offering solutions tailored to the diverse needs of individuals and businesses, all while adhering to Islamic banking principles.

The new Premier Mastercard suite blends modern banking features with ethical financial practices. Customers can enjoy contactless payments, global acceptance, and robust security features, ensuring transactions are not only convenient but also aligned with their values and lifestyles.

Osman Ahmed, CEO of Premier Bank Kenya, expressed excitement about the collaboration:
“The Premier Mastercard suite reflects our dedication to delivering innovative financial solutions tailored to our customers’ evolving needs. Together with Mastercard, we’re setting new standards for digital banking in Kenya.”

Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, added: “This initiative is a strategic milestone in fostering financial inclusion through secure, convenient, and tailored digital payment solutions.”

As Kenya embraces digital transformation, this collaboration between Premier Bank and Mastercard underscores the importance of financial inclusion. 

By integrating Shariah-compliant products into mainstream banking, the initiative offers a secure, accessible, and ethical way for customers to manage their finances.

The Premier Mastercard suite is already making waves, providing seamless online payments, easy ATM withdrawals, and hassle-free transactions at physical stores.

George Ndole
George Ndole
George is an experienced IT and multimedia professional with a passion for teaching and problem-solving. George leverages his keen eye for innovation to create practical solutions and share valuable knowledge through writing and collaboration in various projects. Dedicated to excellence and creativity, he continuously makes a positive impact in the tech industry.

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