Faisal Islamic Bank Secures Mastercard License in Collaboration with Network International

Sudan-based Faisal Islamic Bank (FIB), has acquired a card-issuing license from Mastercard. This allows FIB to issue Mastercard-branded debit, credit as well as prepaid payment cards in Sudan, allow which can be used in-store, at automated teller machines, as well as online. FIB’s partnership with Network International will also facilitate businesses to benefit from convenient, secure payment options around the world.

Moawia Ahmed Elamin, Chief Executive Officer of FIB, stated that FIB remains focused on enhancing and improving the ‘payments landscape’ in Sudan, given that this will positively impact the country’s economic growth.

Division President for Sub-Saharan Africa, Mastercard, Raghav Prasad,  stated that the partnership with FIB would...