KCB Bank has partnered with Mastercard to deploy an Islamic finance payments solution for customers under the Sahl Banking offering.
The Bank has rolled out the Sahl Card to give customers a convenient and secure platform to manage their spending while accessing exclusive lifestyle and travel benefits.
Additionally, KCB has unveiled the Sahl Agency banking network, which will allow customers to deposit funds, withdraw cash, make payments and access essential banking services through agents.
The solutions are developed in line with Islamic finance principles, with the card allowing customers to make everyday purchases and payments while remaining aligned with their values and financial preferences.
“We remain committed to developing financial solutions that reflect the diverse needs and aspirations of our customers. The Sahl card represents an important step in expanding access to Shariah-compliant banking solutions by providing customers with a secure, convenient, and values-driven payment option that supports their everyday financial and lifestyle needs, ” said Mark Mwongela, KCB Group Director, Strategy and Innovation.
Through this offering, customers can enjoy exclusive privileges, including access to exceptional culinary moments, unique travel benefits, and handpicked experiences designed to enrich their everyday lives, both locally and globally, where available. Additional features include spend management controls, transaction alerts, concierge services, and an Islamic-themed card design that reflects the values of its target market.
