04 Aug 2010 - UAB Launches Islamic Credit Card

August 4 2010, Sharjah, UAE: United Arab Bank (UAB) announces the launch of its first global Islamic Credit Card with a distinctive vertical design that makes it unique to the Islamic Credit Card arena in the UAE.

UAB had launched its Islamic Banking Services in March this year with three products initially covering Current Accounts, Investment, and Goods Murabaha. Soon after, the bank introduced two more products before the launch of its Islamic card, namely Vehicle Murabaha and Savings accounts. The new Credit Card comes to complement and strengthen the Bank’s Islamic product offering in line with its strategy to build a progressive portfolio of reliable banking products that can meet the growing needs and requirements of its Islamic banking customers.

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