IIAB’s Installment Credit Card receives the Cambridge Award
Thu,16 November 2017Cambridge of Analytic, which is associated with Cambridge University, announced that the Islamic International Arab Bank (IIAB) Installment Credit Card issued by the bank was the winner for the best Islamic credit card award in 2017 at its 3rd Islamic Retail Awards Gala dinner (IRBA), held in Dubai on November 14, 2017.
The critics and experts in the judges’ panel considered the Islamic International Arab Bank's (IIAB) Installment Credit Card as the best for 2017 because it’s the first truncated Islamic card in Jordan and the region that is based on a non-interest-bearing loan (Qard Hasan). There was a high percentage growth in its holders and thus achieved a global reputation.
Chief Business and Investment Officer of IIAB, Dr. Mohsen Fayez Abu Awad, received the award on behalf of the bank. And the group of General Manager of IIAB, Mr. Iyad Asali, as IRBA CEA of the year 2017 in the Islamic banking field due to the successes achieved by the bank in terms of growth, evolution of market share, and the contributions made by Mr. Asali in promoting the culture of innovation and creativity in Islamic retail banking.
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