Bahrain-based Ithmaar Bank has introduced a new sharia-compliant prepaid e-Card to improve online shopping experience for customers.

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The new proposition offers a host of benefits to make online shopping faster, safer and more convenient.

It will facilitate real-time top-ups through the bank’s e-banking or e-payment platforms, a daily top-up and utilisation limit of BHD10,000 ($26,522), along with a minimum top-up of BHD1 ($2.6).

In addition, the e-Card will enable users to join the Ithmaar Rewards loyalty programme, and accumulate loyalty points with every transaction.

Among the card’s other benefits include SMS notifications for each transaction, monthly electronic statements, exclusive discounts on shipping charges through Aramex, as well as a $5 lifetime Aramex Shop and Ship membership.

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Ithmaar Bank general manager, retail and private banking Abdul Hakeem Al Mutawa said: "Ithmaar Bank has long been a pioneer in recognising industry trends and offering innovative Sharia-compliant products and services that cater to the financing needs of individuals and institutions.

"With the rising popularity of online shopping, the new Sharia-compliant Ithmaar Prepaid e-Card is yet another milestone we are introducing to Islamic banking in Bahrain.

"Among the key features of the new e-Card is the ability to safely and conveniently deliver purchases through Aramex’s ‘Shop and Ship’ service from 15 different locations around the world to Bahrain."