Emirates Islamic and Visa Renew Long-Term Strategic Partnership Agreement
Emirates Islamic, a leading Islamic financial institution in the UAE, and Visa, a global leader in digital payments, have announced the renewal of their long-term strategic partnership with a multiyear agreement. This extension reinforces the shared values between both organizations, focusing on delivering innovative and customer-centric solutions to enhance digital payments in the region.
As part of the renewed partnership, Visa will maintain exclusivity over the credit card portfolio issued by Emirates Islamic, ensuring a continued commitment to providing customers with state-of-the-art payment solutions.
A Strong Partnership Focused on Innovation
Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, expressed enthusiasm about the renewed collaboration, stating, “We are delighted to renew and build our strategic partnership with Visa, enabling Emirates Islamic to continue to enhance our value proposition for customers through unique and innovative payment products. Over the years, our partnership with Visa has allowed us to deliver superior and secure payment experiences, with a focus on innovation, payment security, and unparalleled convenience.”
The partnership has empowered Emirates Islamic to introduce a range of cutting-edge payment solutions, ensuring its customers benefit from the latest advancements in digital payment technology while maintaining a strong emphasis on security and convenience.
Supporting the UAE's Digital Commerce Agenda
Salima Gutieva, Visa’s Vice President and Country Manager for UAE, expressed her enthusiasm for the renewed collaboration, saying, “Visa is proud to renew our partnership with Emirates Islamic. With Visa’s exclusivity over the bank’s credit card portfolio for the new term, we will continue to support Emirates Islamic in offering a rewarding credit proposition to cardholders. We look forward to working together to launch more innovative and secure payment experiences, supporting the UAE government’s digital commerce agenda, and benefiting consumers, businesses, and the economy as a whole.”
The partnership further underscores both Emirates Islamic and Visa’s commitment to advancing digital payments in line with the UAE’s vision for a more connected, digital economy.
