Dubai Islamic Bank (DIB), one of the United Arab Emirates (UAE)’s leading financial institutions, has recently launched a new holiday promotion for the bank’s Visa card and Visa Electron cardholders. The promotion, which will run for six weeks, is set to end on October 25, 2002.
For every 100 Emirati dirhams spent using Visa or Visa electron, Dubai Islamic Bank’s cardholders will be entered into a weekly draw for the chance to win one of 30 free return tickets to a variety of famous global destinations.
“We wanted to introduce a promotion that encourages Visa card and Visa Electron cardholders to use their card locally when paying for large or small daily expenses,” according to Rashid Mahboob, head of Cards Department, DIB.
The banking and financial products and services that DIB offers include specialized consultation and advise on financial planning, a choice of banking accounts—term deposit accounts, savings accounts and current accounts—a range of finance and foreign exchange services. In addition, customers are also able to avail of the bank’s recently launched Internet banking services.
Established on 1975, DIB is considered to be the first Islamic bank in the world that has implemented the principles of Islam in all its practices. Islam encourages generation and sharing of profits. However, it forbids giving or taking of interest.
Visa International is an international payments brand and the largest payment system worldwide. Visa-branded cards generate more than two trillion dollars in annual volume and are accepted at over 27 million locations around the world. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
