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Dubai: Noor Bank, one of the UAE’s leading Shari’ah-compliant bank, has launched the exclusive SME World debit card in collaboration with Mastercard - a first-of its-kind product for SMEs.
Available to Noor Bank’s Link Premium and Link Infinite customers, the card offers a wide range of business services including IT support services, recruitment facilities and access to corporate training resources, among others. The new card also allows users to enjoy discounts on several hospitality and leisure services.
Speaking on the launch, Mufazzal Kajiji, Head of Retail Banking at Noor Bank, said: “We are happy to partner with Mastercard to launch this innovative product for our SME clients. SMEs are the backbone of the UAE economy and Noor Bank is keen to play an important role in their business journey and success.”
He added: “With the introduction of the SME World debit card, we are confident that we will enhance the customer experience by not only providing financial assistance but also becoming an integral part of their ecosystem and catering to their diverse business needs.”
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About Noor Bank
Noor Bank began operations, in Dubai, in 2008, as an Islamic financial institution. It is a full-service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalised service. Noor Bank is governed by the Internal Shari’ah Supervision Committee, with extensive experience and expertise in Islamic legal, financial and banking matters. Noor Bank is rated “A-” IDR with a stable outlook by Fitch Ratings. The corporate shareholders of the Bank are The Office of the Crown Prince of Dubai (25.73%), the Investment Corporation of Dubai (22.71%) and the Emirates Investment Authority (4.7%). The remaining shares are beneficially held by individuals who each own less than 5% of Noor Bank. For further details, please visit: www.noorbank.com or call 800 6667.
For media enquiries on Noor Bank, please contact:
Leah Majorie Banda
Noor Bank
Email: Leah.Banda@noorbank.com
Susan Shoury
APCO Worldwide
Mobile: +971 55 965 3647
Email: sshoury@apcoworldwide.com
About Mastercard
Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. Our global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.
Mastercard Communications Contact
Omar Abuhanoud, +971 4 563 8603
omar.abuhanoud@mastercard.com
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