Malaysia Launches Bank Islam Card For Tourists
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www.nst.com Card members will enjoy offers including discounts of up to 50 per cent at over 200 participating outlets ranging from restaurants, hotels, shopping centres to places of interest throughout the country.
“We want to encourage Malaysians to travel and shop domestically. At the same time, Bank Islam is supporting the country’s tourism industry,” says Bank Islam Malaysia Berhad chief operating officer Fazlur Rahman Ebrahim.
The BITFC is a MasterCard co-branded credit facility jointly developed by BIMB, Mastercard International and local marketing consultant S-MarketForce Sdn Bhd. It was launched by Deputy Tourism Minister Datuk Ahmad Zahid Hamidi who says the card can be offered to tourists as part of travel packages and as an alternative to carrying cash for shopping, dining and hotel stays. He says BIMB should also make the new product available to foreign tourists.
Fazlur said the Syariah-compliant card offers privileges including free takaful coverage, free annual fee for the whole tenure, a competitive profit rate and bonus profit rebate of 0.5 to 2.5 per cent that will be credited directly to the accounts of cardholders who pay on time every month.
BIMB has some 105,000 credit card holders to date and the company hopes to double the number to about 220,000 by June 30, 2006.
Fazlur says the projection is based on the targeted issuance of some 10,000 new cards per month. |
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World Islamic Tourism Mart / Malaysia
WITM 2012 InCoMTHU Conference will feature quality and world renown speakers not only from Malaysia but from around the globe. In its 6th Year, the WITM InCoMTHU Conference 2012 will have speakers fro (16/05/2012)
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