Mastercard and Jordan Islamic Bank (JIB) have formed a strategic partnership to broaden access to Shari’ah-compliant digital payment solutions across Jordan. This collaboration aims to enhance JIB’s consumer card offerings by integrating Mastercard’s advanced payment technologies and advisory services tailored to Islamic banking principles.
Through the partnership, JIB plans to launch new digital card features that meet Shari’ah compliance, while developing innovative customer engagement platforms. The initiative focuses on providing secure, value-driven, and accessible digital financial services that align with Islamic finance guidelines.
Founded in 1978, Jordan Islamic Bank has consistently emphasized sustainable growth and digital transformation, positioning itself as a leader in Islamic banking in Jordan. Mastercard, a global payments and fintech leader headquartered in the US, brings extensive expertise in secure payment platforms, data analytics, and financial consultancy.
Adam Jones, Mastercard’s Executive Vice President and Division President for West Arabia, said, “This collaboration reflects our shared commitment to advancing financial inclusion and empowering Shari’ah-compliant customers across Jordan through innovative digital solutions. Together with JIB, we are building a more connected and customer-centric financial ecosystem, powering inclusive growth, driving digital transformation, and expanding access to secure digital payments.”
JIB CEO Dr. Huseein added, “We are excited to collaborate with Mastercard to provide innovative and Sharia’ah-compliant financial solutions. Leveraging Mastercard’s global expertise and advanced technologies, we will further enhance our offerings, ensuring our customers experience secure, seamless, and value-driven financial services that adhere to Shari’ah banking principles.”
This partnership is part of a broader effort to promote financial inclusion and digital innovation in Jordan, supporting underserved communities through tailored Islamic finance solutions.
