Aafaq Islamic Finance selects Network International as its payments partner for digital transformation

Aafaq Islamic Finance selects Network International as its payments partner for digital transformation. Image courtesy: Network International UAE : Aafaq Islamic Finance, a leading provider of Shariah-compliant financial products and services, selects Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA), to accelerate its digital transformation journey. Network will provide end-to end card processing solutions to facilitate Aafaq’s transition to a digital-first approach, making financing fast, and convenient for its customers. The last three years have seen a dramatic shift in how consumers perceive financial services, leading to an increased demand in seamless digital experiences. Through this partnership, Network will support Aafaq’s vision to become a leading digital player in the Islamic financing market. It will leverage Aafaq’s digital-ready Shari’a compliant system to strengthen card processing solutions and unlock new revenue generation opportunities through value-added services such as Easy Payment Plans (EPP), cardholder self-service and control applications, and loyalty services. Network will also offer virtual cards, tokenization, and world-class fraud prevention, among other solutions. Hisham Hammoud, CEO of Aafaq Islamic Finance , said: "We are pleased to announce our partnership with Network International as our payments partner for our digital transformation journey. This […]

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