The Bank Islam payment method in Malaysia is a payment solution offered by Bank Islam Malaysia Berhad, which is one of the leading Islamic banks in the country. This payment method is compliant with the principles of Islamic finance, which prohibit interest, speculation, and investments in non-Shariah-compliant sectors.
The Bank Islam payment method in Malaysia offers several payment services, including:
– Bank Islam Visa debit card: This card allows users to withdraw cash from Bank Islam ATMs, as well as make online and in-store purchases from all merchants that accept Visa payments.
– Bank Islam Visa credit card: This card allows users to benefit from a revolving credit line to make online and in-store purchases from all merchants that accept Visa payments. Users can choose from different types of credit cards according to their needs and preferences.
– Fund transfers: Users can transfer funds to third parties using Bank Islam’s money transfer services, such as bank transfer and online money transfer.