Jordan Islamic Bank has partnered with Mastercard to enhance its digital payment solutions that align with Shari’ah-compliant principles in Jordan.
As part of this collaboration, JIB intends to leverage Mastercard’s technology and advisory services to refine its consumer card products and expand its online service infrastructure.
The bank aims to introduce features that are in line with Islamic banking norms, focusing on secure and compliant payment methods. Mastercard will contribute by providing both technical assistance and strategic advice.
Boosting Digital Infrastructure and Inclusion
JIB officials highlighted that the partnership will bolster the bank’s digital platforms and elevate customer satisfaction. They emphasized that collaboration with Mastercard’s global expertise will enable JIB to offer financial services that respect Islamic values, while enhancing accessibility and security.
Mastercard representatives noted that this initiative supports their broader goals of expanding financial inclusion in Jordan, especially for consumers who prefer or require banking services consistent with Islamic principles. They indicated that the partnership is designed to create more personalized and inclusive digital options within the financial landscape.
Background on JIB
Established in 1978, Jordan Islamic Bank has progressively introduced various digital services as part of its strategy to meet changing customer needs and foster sustainable banking practices.
Additional Developments from Mastercard
In February 2025, Mastercard partnered with Tamara to introduce split payments in the UAE. This partnership allowed Mastercard to deepen its presence within flexible payment and lending networks while providing cardholders more flexibility at checkout. It also enabled Tamara to expand its offerings through added-value services from Mastercard.
According to a report by Ken Research, the transaction value for flexible payment services in the UAE is anticipated to reach USD 14.7 billion by 2027, largely driven by the growth of e-commerce and an increase in digital payment solutions.
