Islami Bank launches ‘Khidmah’ credit card

Posted by BankInfo on Wed, Jun 25 2014 04:37 pm

Islami Bank Bangladesh Limited on Tuesday officially introduced Shariah compliant credit card ‘Khidmah’ at a local hotel in the capital. Md. Abul Quasem, deputy governor of Bangladesh Bank unveiled the card as chief guest. Islami Bank introduced this credit card with a view to providing investment facilities, fulfilling daily needs and enriching living standard to the limited income people. The card holders will be facilitated to purchase from all VISA bearing outlets, clear utility bill payment, traveling and e-ticketing.
Family members of the Khidmah card holders would be eligible for supplementary card without any additional fee.
The card has been classified into three categories- Silver, Gold and Platinum. The annual fee will be deducted for those Khidmah card holders who will consume up to two lakh taka annually.  
Deputy governor of Bangladesh Bank Md. Abul Quasem said, “Bangladesh Bank came up with a secured payment system to make transaction easier, faster and tech-dependent. Through this Khidmah card the circulation of the secured payment system will be heightened and popularized. ”
“Such types of cards are gaining popularity amongst the users, as such plastic money lessens the difficulty of carrying liquid cash. On top of that, the price charged will be less if the payment made via this card,” he added.
Congratulating IBBL Abul Quasem said, “Via this Khidmah card the banking services can reach the doorsteps of (more) the people. Khidmah card will play an important role in the fulfillment of general people’s needs.”
On the event executive director of Bangladesh Bank Dashgupta Asim Kumar, expressed his high hopes regarding the success of the Khidmah card.
Managing director of IBBL, Mohammad Abdul Mannan said, “Having more than 90 lakh customers IBBL is more concerned in the welfare of people rather than making profit”.

News: The Independent/25 JUNE 2014
Posted in Banking, News

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