Latest news with #AmeeraAlAbbasi
Zawya
03-07-2025
- Business
- Zawya
Khaleeji Bank signs MoU with Euro University Bahrain to provide innovative education financing solutions
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced the signing of a Memorandum of Understanding (MoU) with Euro University Bahrain. The agreement aims to offer tailored educational financing solutions to the university's students and their parents, including products such as the Ajyal Accounts and education financing facilities. The signing ceremony took place at Khaleeji Bank's headquarters in the GFH Tower, Manama, where the agreement was signed on behalf of the bank by Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, and on behalf of the university by Prof. Andrew Robert Nix, President of Euro University Bahrain, in the presence of a number of managers and officials from both institutions. This partnership underscores the bank's commitment to strengthening its role as a partner in ambition for its diverse client base, particularly students. It also reflects Khaleeji Bank's continuous efforts to support the education sector through innovative, Shari'a-compliant banking products and services that cater to evolving needs and enhance the financial sustainability of the sector. Under the MoU, Khaleeji Bank will offer an education financing option enabling parents to secure funding for tuition fees with a convenient repayment plan, helping them manage their financial commitments while securing their children's future aspirations. The collaboration also seeks to encourage students to explore a variety of financial products and offerings, especially the Ajyal Accounts, benefiting them throughout their academic and personal journeys. Additionally, regular workshops will be organised on campus to introduce students to dedicated banking products and financial management practices, fostering a culture of saving and financial responsibility among the youth. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated: 'We are delighted to strengthen our partnership with Euro University Bahrain. At Khaleeji Bank, we believe that investing in education is the most important investment for the future of our nation. Through this partnership, we provide flexible and Shari'a-compliant financing solutions that enable students to focus on their studies without placing undue financial burdens on their parents, while also contributing to building a generation equipped with the tools for success and fostering lasting trust between the bank and the academic community in the Kingdom of Bahrain.' For his part, Prof. Andrew Robert Nix, President of Euro University Bahrain, commented: 'This agreement marks a strategic step towards enhancing the learning environment at Euro University Bahrain. It paves the way for innovative financial solutions that allow our students to pursue their academic programmes with greater ease, encourages parents to invest in their children's futures, and affirms our commitment to offering a holistic educational journey that combines quality with affordability, further strengthening our partnership with national players in the financial sector.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Zawya
17-04-2025
- Business
- Zawya
Bahrain's Khaleeji Bank unveils money transfer service
Bahrain - Khaleeji Bank has announced the launch of Visa+, a new service that enables users to send money to Visa cardholders in the GCC using only the recipient's mobile number. It is among the first banks to offer this service, marking a significant milestone that reflects the market's readiness to adopt next-generation financial solutions and accelerate digital experiences. With Visa+, Khaleeji Bank customers can transfer funds to Visa debit and prepaid cardholders in other GCC countries using only the recipient's mobile number. This eliminates the need to share sensitive information such as 16-digit card numbers (Primary Account Numbers) or International Bank Account Numbers (IBANs), making the transaction both safer and more convenient. Khaleeji Bank head of retail banking Ameera Al Abbasi said: 'As a bank that consistently leads in delivering the latest innovations to our clients, we are proud to launch the Visa+ service, which represents a transformative shift in the world of money transfers. At Khaleeji Bank, we believe in offering modern, secure, and intuitive banking solutions that align with our customers' evolving needs and aspirations.' She added: 'This service enables customers to send money effortlessly to Visa cardholders across the GCC using just a mobile number – no card details or account numbers required. It's a simple, secure and fast transfer experience. We invite all our clients to explore this unique feature, which reflects the future of digital banking transactions.' Visa+ also supports financial institutions by enhancing the money transfer experience and strengthening privacy protections for both senders and recipients. It is applicable to various use cases, including peer-to-peer (P2P) payments, loan disbursements, and cross-border remittances. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Biz Bahrain
17-04-2025
- Business
- Biz Bahrain
Khaleeji Bank Launches Visa+ Mobile Money Transfer Service Across the GCC Countries
Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of Visa+, a new service that enables users to send money to Visa cardholders in the GCC using only the recipient's mobile number. Khaleeji Bank is among the first banks to offer this service, marking a significant milestone that reflects the market's readiness to adopt next-generation financial solutions and accelerate digital experiences. With Visa+, Khaleeji Bank customers can transfer funds to Visa debit and prepaid cardholders in other GCC countries using only the recipient's mobile number. This eliminates the need to share sensitive information such as 16-digit card numbers (Primary Account Numbers) or International Bank Account Numbers (IBANs), making the transaction both safer and more convenient. Commenting on the launch, Ms. Ameera Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated: 'As a bank that consistently leads in delivering the latest innovations to our clients, we are proud to launch the Visa+ service, which represents a transformative shift in the world of money transfers. At Khaleeji Bank, we believe in offering modern, secure, and intuitive banking solutions that align with our customers' evolving needs and aspirations. This service enables customers to send money effortlessly to Visa cardholders across the GCC using just a mobile number—no card details or account numbers required. It's a simple, secure, and fast transfer experience. We invite all our clients to explore this unique feature, which reflects the future of digital banking transactions.' Visa+ also supports financial institutions by enhancing the money transfer experience and strengthening privacy protections for both senders and recipients. It is applicable to various use cases, including peer-to-peer (P2P) payments, loan disbursements, and cross-border remittances. Khaleeji Bank remains a pioneering Islamic financial institution in Bahrain, committed to delivering a comprehensive range of high-quality banking services and Sharia-compliant investment opportunities for individuals and businesses alike.
Zawya
16-04-2025
- Business
- Zawya
Khaleeji Bank launches Visa+ Mobile Money Transfer Service across the GCC countries
Manama, Bahrain – Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of Visa+, a new service that enables users to send money to Visa cardholders in the GCC using only the recipient's mobile number. Khaleeji Bank is among the first banks to offer this service, marking a significant milestone that reflects the market's readiness to adopt next-generation financial solutions and accelerate digital experiences. With Visa+, Khaleeji Bank customers can transfer funds to Visa debit and prepaid cardholders in other GCC countries using only the recipient's mobile number. This eliminates the need to share sensitive information such as 16-digit card numbers (Primary Account Numbers) or International Bank Account Numbers (IBANs), making the transaction both safer and more convenient. Commenting on the launch, Ms. Ameera Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated: "As a bank that consistently leads in delivering the latest innovations to our clients, we are proud to launch the Visa+ service, which represents a transformative shift in the world of money transfers. At Khaleeji Bank, we believe in offering modern, secure, and intuitive banking solutions that align with our customers' evolving needs and aspirations. This service enables customers to send money effortlessly to Visa cardholders across the GCC using just a mobile number—no card details or account numbers required. It's a simple, secure, and fast transfer experience. We invite all our clients to explore this unique feature, which reflects the future of digital banking transactions." Visa+ also supports financial institutions by enhancing the money transfer experience and strengthening privacy protections for both senders and recipients. It is applicable to various use cases, including peer-to-peer (P2P) payments, loan disbursements, and cross-border remittances. Khaleeji Bank remains a pioneering Islamic financial institution in Bahrain, committed to delivering a comprehensive range of high-quality banking services and Sharia-compliant investment opportunities for individuals and businesses alike.
Biz Bahrain
28-02-2025
- Business
- Biz Bahrain
Khaleeji Bank Offers Daily BD 1,000 Cash Prizes to 'Al Waffer' Account Holders
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has announced the launch of a prize campaign for 'Al Waffer' Account holders in celebration of the holy month of Ramadan. The campaign features daily raffles for BD 1,000 each, culminating in a total of BD 30,000 awarded to thirty winners throughout the month. This initiative reflects Khaleeji's commitment to providing added value to its clients and enhancing their banking experience during Ramadan this year. On this occasion, Ms. Ameera Al Abbasi, Head of Retail Banking, stated 'We are pleased to extend our warmest congratulations to the leadership, government, and people of the Kingdom of Bahrain, as well as to all our partners, shareholders, and valued clients, on the occasion of Ramadan, praying to Allah the Almighty to accept your fasting and prayers. Through this innovative campaign, which is the first of its kind, we aim to foster the spirit of giving and sharing during this month of goodness.' Commenting on the campaign, she added 'The campaign includes special daily raffles that provide clients with wonderful opportunities to win, with a cash prize of BD 1,000 for one winner every day. The winner's name will be announced on Bahrain TV just before the call to Maghrib Prayer. Additionally, participants will be able to enter the regular 'Al Waffer' Account prize raffles announced previously. Therefore, we invite all clients to seize this opportunity and participate to be among the winners.' It is noteworthy that Khaleeji has allocated 11 Grand Prizes for 'Al Waffer' Account holders this year with a total value of 4 million US Dollars, including 10 Grand Prizes worth USD 250,000 and a Grand Prize worth one million US Dollars. As part of its effort to reward distinguished clients under the 'Al Waffer Club' program, Khaleeji has allocated 30 additional Cash Prizes worth USD 10,000 each, with five winners to be raffled in each of the months of February, April, May, July, September, and November. Also, for the first time since the launch of the 'Al Waffer' Account, this year's program includes prizes dedicated to young clients in the 'Ajyal Al Waffer' category, where 60 Cash Prizes worth USD 1,000 each have been allocated, with a special raffle for 15 prizes in March and a monthly raffle for 5 prizes in the following months.
