Thursday 16 June 2016

Al Rajhi Bank launches Islamic debit card with takaful cover

Al Rajhi Bank Malaysia is offering Rafahia Debit Card-i, Malaysia's first Islamic debit card with Takaful protection of up to RM1 million.

The product is for Muslims looking to perform the haj or umrah within the next 12 months.

Al Rajhi Bank Malaysia is a wholly-owned subsidiary of the world's largest Islamic Bank, Al-Rajhi Bank, Saudi Arabia.

Chief executive officer Steve Chen said that customers are entitled to an annual worldwide coverage of up to RM500,000 which doubles up to RM1 million during the customers' haj or umrah pilgrimage.

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