Jordan Dubai Islamic Bank signs agreement with Visa Jordan

Jordan Dubai Islamic Bank has recently signed an agreement with Visa Jordan, who will be issuing visa cards to the Bank’s clients in line with its vision to offer comprehensive, quality financial services that meet its clients’ needs wherever they are.

The agreement was signed by Mr. Hisham Kayali, Deputy CEO, and Chief of Retail for Jordan Dubai Islamic Bank and Mr. Radwan Darwish, General Manager of Visa Jordan.

This is considered the third such cooperation between Jordan Dubai Islamic Bank and Visa Jordan. Whereas the two parties have signed two agreements in the past whereby Visa Jordan issued and managed the Bank’s Visa Electron cards, in addition to managing the Bank’s ATM network around the Kingdom.

The signing of this agreement coincides with a new campaign the Bank has launched for a Visa Charge Card that is compliant with Islamic Sharia law and which enables its holder to complete purchases and transactions in an easy and secure manner. Among the card’s key features is its safety as it is designed with an electronic chip. The card also has a JD 15,000 card limit, and is accepted locally and internationally at over 27 million points of sale.  

It is worth mentioning that Visa Jordan, a limited liability company, was established in 1998 with a capital of JD 3.9 million Jordanian Dinars from Visa International and an alliance of major Jordanian Banks. Visa Jordan offers advanced and comprehensive services in issuing and processing different international Visa cards worldwide.

Jordan Dubai Islamic Bank is a public shareholding company with a paid up capital of JD 75 million and is a result of transforming the Industrial Development Bank into a comprehensive banking entity operating under a new name and in accordance with the Islamic Sharia law. Jordan Dubai Capital & Dubai Islamic Bank both own 52% of the Bank’s capital. JDIB offers a complete package of Islamic banking solutions developed according to the highest international standards and supported by Dubai Islamic Bank’s vast expertise in this field, to meet the growing demand in the Jordanian market.