Aafaq Islamic Finance & Al Ansari Exchange sign collaboration

Aafaq Islamic Finance & Al Ansari Exchange sign collaboration

Aafaq Islamic Finance, a leading provider of innovative Islamic financial services and products, and Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE, have forged a strategic collaboration to enhance customer convenience by offering a range of services.

The agreement was signed by Mr. Hisham Hammoud, Chief Executive Officer, of Aafaq Islamic Finance and Mr. Mohammad Bitar, Deputy CEO of Al Ansari Exchange under the umbrella of The Deals Hub, a Dubai Chambers ‘impact-driven platform that creates an innovative space for global business leaders and investors to announce partnerships and deals during the Dubai Business Forum.

This partnership is designed to offer a user-friendly payment avenue for Aafaq credit card holders. Within the framework of this collaboration, Al Ansari Exchange will extend effortless payment services to Aafaq Islamic Finance credit card users across its extensive network of over 240 branches throughout the UAE. This strategic move aligns with Al Ansari Exchange’s growth strategy, aimed at broadening its service offerings and enhancing accessibility to enhance overall customer satisfaction.

“This collaboration with Al Ansari Exchange marks a strategic milestone in our pursuit of innovation and an unwavering commitment to putting our customers at the heart of everything we do.