Mastercard has partnered with ruya, a digital Islamic community bank in the UAE, to launch innovative debit and credit card products for individual and commercial customers.
As ruya’s single scheme partner for card issuance, Mastercard will also provide advisory services through its Mastercard Advisors network.
The cards will enable secure transactions globally and offer cardholders access to exclusive deals via Mastercard’s priceless.com platform.
“ruya is committed to serving the UAE community and addressing the financial needs of today’s consumers and businesses in line with the highest ethical principles. We are delighted to join forces with Mastercard to enhance our offerings and transform the Islamic banking landscape,”
said Christoph Koster, CEO of ruya.
“With its digital-first Islamic banking approach, ruya aligns with our objective of driving financial inclusion,”
added Gina Petersen-Skyrme, Senior Vice President, Country Manager, UAE and Oman at Mastercard.
Featured image credit: edited from ruya
