Sun, 07 February 2021
One of the leading card processing services providers in the Middle East and Africa, SINNAD, signed its successful processing agreement with a Bahrain-based Islamic retail bank, Ithmaar Bank. The partnership intends to allow Ithmaar Bank to operate its cards services through unparalleled, state-of-the-art system and services, facilitating card processing businesses with ease and convenience.
General Manager, Retail Banking Group, Mohamed Janahi said: “The Bank›s ambitions combined with SINNAD’s expertise in this field, shall enable us to introduce new products and services in a safer and more protected environment.”
General Manager of SINNAD, Rana Almaeeli said: “Gaining one of the largest Islamic Banks in Bahrain on SINNAD’s platform is a major milestone in our strategic expansion plan. As we have always aimed to diversify our services, SINNAD has adopted all Sharia-compliant concepts to better cater to our banks’ needs through a wide variety of services and products.”