Mastercard and Jordan Islamic Bank (JIB) have partnered to expand access to Shari’ah-compliant digital payment solutions across the country.
The strategic collaboration aims to drive innovation in Islamic banking by enhancing JIB’s consumer card portfolio with Mastercard’s advanced payment technologies and advisory services.
The initiative is focused on expanding secure digital payment options and developing new customer engagement platforms that align with Islamic banking principles.
JIB will utilise Mastercard’s digital infrastructure and advisory expertise to launch new card features tailored for customers who require Shari’ah-compliant solutions.
The partnership is also expected to support the growth of personalised banking experiences and improve accessibility to secure digital services for its customers.
Founded in 1978, Jordan Islamic Bank has long prioritised sustainable growth, investing in digital transformation and expanding its electronic banking services to align with evolving consumer demands. The bank has positioned itself as a leader in Islamic banking within Jordan, with a clear focus on innovation while remaining compliant with Shari’ah principles.
Mastercard, headquartered in the US, operates globally as a leader in payment processing and FinTech innovation.
Its services include secure payment platforms, data analytics, and financial consultancy. The company is known for its efforts to promote financial inclusion and expand digital payment adoption worldwide.
Through this partnership, JIB customers can expect more seamless, value-driven, and secure financial services. This initiative is part of a broader effort by both organisations to promote financial inclusion and empower underserved populations in the region through digital innovation.
Mastercard executive vice president and division president for West Arabia Adam Jones said, “This collaboration reflects our shared commitment to advancing financial inclusion and empowering Shari’ah-compliant customers across Jordan through innovative digital solutions. Together with JIB, we are building a more connected and customer-centric financial ecosystem, powering inclusive growth, driving digital transformation, and expanding access to secure digital payments.”
Jordan Islamic Bank CEO Dr. Huseein said, “We are excited to collaborate with Mastercard to provide innovative and Sharia’ah-compliant financial solutions. Leveraging Mastercard’s global expertise and advanced technologies, we will further enhance our offerings, ensuring our customers experience secure, seamless, and value-driven financial services that adhere to Shari’ah banking principles.”
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