Mastercard And ruya Partner to Launch Innovative Islamic Banking Cards in UAE
Mastercard has teamed up with ruya, a digital Islamic community bank in the UAE, to introduce a range of innovative debit and credit card products for both individual and business customers. As ruya’s exclusive scheme partner for card issuance, Mastercard will also offer strategic guidance through its Mastercard Advisors network.
The new cards will enable secure global transactions while providing cardholders with access to exclusive offers on Mastercard’s priceless.com platform.
“ruya is committed to serving the UAE community by addressing the financial needs of today’s consumers and businesses while adhering to the highest ethical principles. We are excited to collaborate with Mastercard to enhance our offerings and redefine Islamic banking,” said Christoph Koster, CEO of ruya.
Gina Petersen-Skyrme, Senior Vice President and Country Manager for UAE and Oman at Mastercard, emphasized the partnership’s role in advancing financial inclusion. “With its digital-first Islamic banking approach, ruya aligns perfectly with our mission to expand financial access and innovation.”
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