Faysal Bank issues its First Shariah Compliant alternate to conventional credit cards with IDEMIA
Daily Times May 27, 2021 Faysal Bank Limited, the fastest growing Islamic bank of Pakistan, has teamed up with IDEMIA, the global leader in Augmented Identity, to launch its first Shariah-compliant alternate to conventional credit cards by the name of Faysal Islami NOOR. The Republic’s Islamic banking industry has experienced double-digit growth year-on-year since 2015 . The meteoric rise in this type of banking has also brought about a corresponding demand for Shariah-compliant payment tools. Eager to support its customers, Faysal Bank turned to IDEMIA to deliver a unique payment experienc...