The Kenya Commercial Bank (KCB) has partnered with Mastercard to launch an Islamic finance payments solution for customers under the Sahl Banking offering.
As part of the partnership, the bank has rolled out the Sahl Card, providing customers with a convenient and secure platform to manage their spending while accessing exclusive lifestyle and travel benefits.
In addition, KCB has unveiled the Sahl Agency banking network which will allow customers to deposit funds and withdraw cash.
They will also be able to make payments and access other essential banking services through the agents.
The solutions are developed in line with Islamic finance principles, with the card allowing customers to make everyday purchases and payments while remaining aligned with their values and financial preferences.
Speaking during the launch, the bank’s Group Director, Strategy & Innovation, Mark Mwongela, reaffirmed the bank’s commitment to developing financial solutions that reflect the diverse needs and aspirations of its customers.
“We remain committed to developing financial solutions that reflect the diverse needs and aspirations of our customers.
“The Sahl card represents an important step in expanding access to Shariah-compliant banking solutions by providing customers with a secure, convenient, and values-driven payment option that supports their everyday financial and lifestyle needs,” said Mark Mwongela.
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Enhanced Customer Benefits and Lifestyle Perks
The Sahl Card offers a range of benefits tailored to modern lifestyles, particularly for customers seeking Muslim-friendly travel and lifestyle experiences.
In addition, Mastercard world elite and gold credit cardholders will enjoy access to exclusive offers on accommodation, dining, shopping, and leisure experiences enabled through Mastercard’s global network.
Meanwhile, Mastercard’s East Africa Country Manager, Shehryar Ali, said the partnership reflects the company’s focus to advancing an inclusive digital economy through payment solutions tailored to consumers’ values and lifestyles.
“We are actively powering an inclusive digital economy where every individual and community can pay with confidence. Our collaboration with KCB gives consumers a payment solution built around their values and lifestyle.
“By combining our global network with KCB’s deep local expertise, we are connecting the Islamic banking community to the experiences and passions that matter most to them.” Shehryar said.
Card Features and Exclusive Privileges for Cardholders
Eligible cardholders will have access to The Mastercard Collection, a premium suite of curated dining, travel, and lifestyle experiences available to World Elite Mastercard cardholders.
Through this offering, customers can enjoy exclusive privileges, including access to exceptional culinary moments, unique travel benefits, and handpicked experiences designed to enrich their everyday lives, both locally and globally, where available.
Additionally, the Sahl Card features spend management controls, transaction alerts, concierge services and an Islamic-inspired card design that reflects the values and preferences of its target market.
