PETALING JAYA: Not all bank cards are the identical.
Maybank has clarified that its Islamic bank cards can’t be used to buy non-shariah compliant merchandise like liquor.
A Maybank spokesman instructed FMT they needed to comply with official regulatory tips set out on this.
It mentioned the phrases for using its Islamic bank cards had been clearly specified after they had been issued to an individual.
The financial institution urged that these intending to purchase gadgets like liquor to use for its typical (non-Islamic) bank cards which can be utilized for any form of buy.
Financial institution Negara Malaysia’s tips on Islamic bank cards, issued in July 2019, state that the financial institution should guarantee Islamic bank cards aren’t used for non-shariah compliant transactions.
Moreover buy of liquor, these Islamic bank cards can’t be used for relationship companies, lotteries and in casinos.
In a submit that went viral on Fb yesterday, a Maybank Islamic Visa Infinite Ikhwan credit score card-i holder described his frustration when he was unable to buy liquor at a duty-free store at KLIA.
“I believed my card was defective. Once I referred to as the cardboard centre, they requested me only one factor — whether or not I attempted to swipe for buy of liquor.”
He mentioned he was surprised when instructed that he couldn’t buy liquor utilizing his bank card.
— to www.freemalaysiatoday.com
The post Bank advises on what its Islamic credit card cannot buy appeared first on Correct Success.
source https://correctsuccess.com/credit-cards/bank-advises-on-what-its-islamic-credit-card-cannot-buy/
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