Running on the American Express network, this innovative financial product promises to deliver a host of benefits both locally and internationally, making it a significant addition to the Maldivian banking landscape.
Bank of Maldives
The Bank of Maldives (BML) Islamic has made history by launching the country's first-ever Shari’ah-compliant credit card. Running on the American Express network, this innovative financial product promises to deliver a host of benefits both locally and internationally, making it a significant addition to the Maldivian banking landscape.
BML Islamic Credit Cards are designed to meet the needs and preferences of our customers who wish to use a Shari’ah-compliant payment solution. We are delighted to introduce these cards as part of our efforts to expand BML Islamic in line with our customer demand and is part of our ongoing commitment to support the development of Islamic finance in the Maldives.
Some of the key features and benefits of this brand-new card by BML include:
Exclusive offers and savings
The new BML Islamic Credit Card offers a variety of exclusive benefits to its card members. Among the highlights are significant savings on **Booking.com**, enhancing the appeal for travellers planning both local and international trips. Additionally, the card comes with special offers on dining experiences, catering to the needs of food enthusiasts.
Flexible payment options
Card members can take advantage of instalment payment plans through BML EasyPay, providing a flexible solution for managing expenses. This feature makes it easier for customers to purchase high-value items and pay over time without financial strain.
Rewards Program
BML Islamic Credit Card holders can register for the BML Rewards program, where they can earn points on every purchase made using their credit card. These points can be redeemed for a variety of rewards, including flights, car rentals, hotel bookings, and vouchers for local and international merchants, adding substantial value to every transaction.
Advanced Security
The BML Islamic Credit Card is equipped with the same advanced security features found in other BML cards, ensuring that card members can conduct transactions with confidence. This includes both local and foreign transactions, providing security and convenience wherever the card is used.
Shari’ah Compliance
The credit card is structured on the principle of Ujrah, which involves charging an agreed fee for the provision of services to customers. This compliance with Shari’ah law ensures that the card meets the ethical and religious standards of Islamic banking, offering a viable financial solution for those who seek to adhere to these principles.
This card, uniquely crafted for the Maldives market, reflects our commitment to delivering unmatched value and access to global benefits for Bank of Maldives Card Members.
The new BML card also comes in three different tiers in order to cater to the different customer needs. This includes a standard card, a gold card as well as a platinum card. Each tier offers a unique set of benefits, allowing customers to choose a card that best suits their lifestyle and financial requirements.
