Sharjah: Sharjah Islamic Bank (SIB) and Noqodi, a well-known provider of financial technology and an Emaratech Group-owned payments gateway, have announced a strategic alliance.
The goal of this partnership is to give SIB’s corporate and individual business clients much better digital and electronic payment options.
Senior representatives from both organizations witnessed the signing of the agreement at SIB headquarters by Zahi Kallab, General Manager of Noqodi, and Chief Operating Officer of SIB Hakam Abu Zarour. SIB’s business clients will be able to pay fees for a wider range of services and goods with ease thanks to this partnership, which will give them access to more digital payment options.
“This contributes to the continuous support of our customers to facilitate their access to innovative digital solutions and simplify their day-to-day commercial operations. We also aim to provide our customers with a wide array of fast and convenient payment options, which allow them to manage and track their payments with efficiency and ease, in collaboration with companies and platforms with high expertise and efficiency in this field,” Abu Zarour remarked.
“We at Noqodi are committed to crafting seamless digital payment experiences through strategic collaborations with banks. Our partnership with Sharjah Islamic Bank represents a significant step towards enhancing financial services for businesses,” Zahi Kallab observed.
Originally the National Bank of Sharjah, Sharjah Islamic Bank is a publicly traded Islamic bank with its main office located in the United Arab Emirates’ Sharjah emirate. The bank was founded in 1976 and became a fully Shariah-compliant bank in 2004.