Latest news with #AmeeraAhmedAlAbbasi
Bahrain This Week
11-07-2025
- Business
- Bahrain This Week
Khaleeji Bank Partners with Euro University Bahrain for Innovative Education Financing
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced the signing of a Memorandum of Understanding (MoU) with Euro University Bahrain. The agreement aims to offer tailored educational financing solutions to the university's students and their parents, including products such as the Ajyal Accounts and education financing facilities. The signing ceremony took place at Khaleeji Bank's headquarters in the GFH Tower, Manama, where the agreement was signed on behalf of the bank by Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, and on behalf of the university by Prof. Andrew Robert Nix, President of Euro University Bahrain, in the presence of a number of managers and officials from both institutions. This partnership underscores the bank's commitment to strengthening its role as a partner in ambition for its diverse client base, particularly students. It also reflects Khaleeji Bank's continuous efforts to support the education sector through innovative, Shari'a-compliant banking products and services that cater to evolving needs and enhance the financial sustainability of the sector. Under the MoU, Khaleeji Bank will offer an education financing option enabling parents to secure funding for tuition fees with a convenient repayment plan, helping them manage their financial commitments while securing their children's future aspirations. The collaboration also seeks to encourage students to explore a variety of financial products and offerings, especially the Ajyal Accounts, benefiting them throughout their academic and personal journeys. Additionally, regular workshops will be organised on campus to introduce students to dedicated banking products and financial management practices, fostering a culture of saving and financial responsibility among the youth. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated: 'We are delighted to strengthen our partnership with Euro University Bahrain. At Khaleeji Bank, we believe that investing in education is the most important investment for the future of our nation. Through this partnership, we provide flexible and Shari'a-compliant financing solutions that enable students to focus on their studies without placing undue financial burdens on their parents, while also contributing to building a generation equipped with the tools for success and fostering lasting trust between the bank and the academic community in the Kingdom of Bahrain.' For his part, Prof. Andrew Robert Nix, President of Euro University Bahrain, commented: 'This agreement marks a strategic step towards enhancing the learning environment at Euro University Bahrain. It paves the way for innovative financial solutions that allow our students to pursue their academic programmes with greater ease, encourages parents to invest in their children's futures, and affirms our commitment to offering a holistic educational journey that combines quality with affordability, further strengthening our partnership with national players in the financial sector.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Biz Bahrain
04-07-2025
- Business
- Biz Bahrain
Khaleeji Bank Signs MoU with Euro University Bahrain to Provide Innovative Education Financing Solutions
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced the signing of a Memorandum of Understanding (MoU) with Euro University Bahrain. The agreement aims to offer tailored educational financing solutions to the university's students and their parents, including products such as the Ajyal Accounts and education financing facilities. The signing ceremony took place at Khaleeji Bank's headquarters in the GFH Tower, Manama, where the agreement was signed on behalf of the bank by Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, and on behalf of the university by Prof. Andrew Robert Nix, President of Euro University Bahrain, in the presence of a number of managers and officials from both institutions. This partnership underscores the bank's commitment to strengthening its role as a partner in ambition for its diverse client base, particularly students. It also reflects Khaleeji Bank's continuous efforts to support the education sector through innovative, Shari'a-compliant banking products and services that cater to evolving needs and enhance the financial sustainability of the sector. Under the MoU, Khaleeji Bank will offer an education financing option enabling parents to secure funding for tuition fees with a convenient repayment plan, helping them manage their financial commitments while securing their children's future aspirations. The collaboration also seeks to encourage students to explore a variety of financial products and offerings, especially the Ajyal Accounts, benefiting them throughout their academic and personal journeys. Additionally, regular workshops will be organised on campus to introduce students to dedicated banking products and financial management practices, fostering a culture of saving and financial responsibility among the youth. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated: 'We are delighted to strengthen our partnership with Euro University Bahrain. At Khaleeji Bank, we believe that investing in education is the most important investment for the future of our nation. Through this partnership, we provide flexible and Shari'a-compliant financing solutions that enable students to focus on their studies without placing undue financial burdens on their parents, while also contributing to building a generation equipped with the tools for success and fostering lasting trust between the bank and the academic community in the Kingdom of Bahrain.' For his part, Prof. Andrew Robert Nix, President of Euro University Bahrain, commented: 'This agreement marks a strategic step towards enhancing the learning environment at Euro University Bahrain. It paves the way for innovative financial solutions that allow our students to pursue their academic programmes with greater ease, encourages parents to invest in their children's futures, and affirms our commitment to offering a holistic educational journey that combines quality with affordability, further strengthening our partnership with national players in the financial sector.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies. For more information, please contact Khaleeji Bank's Call Centre on 17540054, visit Khaleeji Bank's website at or follow the bank's verified social media accounts on Instagram, Facebook, LinkedIn, YouTube, and X platforms to stay updated on the latest news and offers. Terms and conditions apply.
Biz Bahrain
12-06-2025
- Business
- Biz Bahrain
'Ajyal' Account Wins Best Banking Account for Youth and Minors in Bahrain at IBMAG Awards 2025
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom, has been honoured with the Best Banking Account for Youth and Minors Award 2025 in Bahrain by International Business Magazine (IBMAG), the same publication that recently named the Bank's 'Salary' Account the Best Banking Product in Bahrain for 2025. This accolade recognises Khaleeji's dedication to enhancing the banking experience in Bahrain, demonstrating excellence and leadership in delivering innovative banking services tailored to all age groups, including youth and minors. The 'Ajyal' Account, specifically designed for minors below the age of 21, aims to instil sound financial habits such as saving and investing from an early age. The account is offered in three variants: 'Ajyal' Savings Account, which promotes a saving culture through rewards on deposits and payments. Ajyal 'Deposit' Account, which introduces investment fundamentals through a 12-month fixed deposit with an expected profit rate of up to 5%, as well the 'Ajyal Al Wafer' Account, featuring dedicated prizes alongside those offered by the standard 'Al Wafer' Account, including 60 prizes of USD1,000 each for its 2025 edition. This initiative seeks to equip the next generation early on with the tools and knowledge necessary to achieve financial security and independence in the near and far future. Since its launch, the 'Ajyal' Account has garnered significant and unprecedented interest from clients eager to open this account for their children, highlighting its success which was recently crowned with the 2025 IBMAG Awards. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, expressed her pride in receiving this honour, stating 'We are delighted to receive this prestigious award from IBMAG which acknowledges our ongoing commitment to providing innovative banking services. The launch of the 'Ajyal' Account exemplifies our efforts to encourage young depositors to save and invest, offering comprehensive services through three dedicated versions: Savings, Deposit, and 'Ajyal Al Wafer' Accounts. We are pleased with the growing demand from clients to open this account for their children.' She added 'We take pride in our performance and remain committed to enhancing innovation and excellence across all our banking services. Receiving this prestigious IBMAG award, following IBMAG's recent crowning of our 'Salary' Account the Best Banking Product in Bahrain for 2025, motivates us to continue leading Bahrain's banking sector by providing more innovative and distinctive products that meet the aspirations of all age groups.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Biz Bahrain
28-05-2025
- Business
- Biz Bahrain
Khaleeji Bank Launches its New Summer Campaign for Credit Cardholders
Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of its new promotional campaign for its credit cardholders this summer. The campaign offers clients the chance to enjoy an amazing summer holiday with rewarding cashback opportunities and cash prizes up to BD 3,000, in addition to a host of exclusive and premium benefits for all Khaleeji credit cardholders. The campaign runs from 1st June until 31st August 2025, granting one winner the chance to win a cashback of up to BD 3,000 when spending BD 500 or more during the campaign. Additionally, four other winners will have opportunities to win cashback of up to BD 500 each, provided they spend any amounts using Khaleeji's credit cards for summer travel expenses, booking airline tickets, hotel stays, shopping, and all other international transactions while travelling abroad during the summer holidays. In addition to this exceptional offer, clients will enjoy a range of other exclusive benefits when transferring their outstanding credit card balances to Khaleeji. These benefits include a free three-month grace period, no down payment or minimum payment required, as well as the opportunity to earn up to 3% cashback. This includes 3% cashback on foreign currency expenditure, 2% on subscription services, and 1% at all other merchants. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, commented 'At Khaleeji Bank, we are always keen to enhance our valued clients' experience throughout the year, responding to their aspirations and providing added value by offering the best banking initiatives and services. In this regard, we are pleased to announce the launch of our credit card campaign for the 2025 summer season, through which we aim to make Khaleeji cards the first choice for our clients during their travels, enabling them to enjoy a fun and rewarding summer holiday.' She continued 'This new promotional campaign reflects Khaleeji's ongoing commitment to providing banking solutions tailored to our clients' needs all year round, encouraging them to maximise the benefits of their Khaleeji credit cards. I would like to take this opportunity to urge our valued clients to take advantage of this outstanding campaign, which includes exceptional opportunities for cashback and prizes of up to BD 3,000, as well as many other exclusive benefits and offers when transferring their outstanding credit card balances to Khaleeji. These benefits include a free three-month grace period, with no down payment and no minimum payment required, as well as the opportunity to earn up to 3% cashback. What sets the Khaleeji credit cards apart from others is that they are the only cards that allow clients to benefit from cashback in addition to earning Gulf Air miles, simultaneously. We wish all clients the best of luck and a wonderful summer using their Khaleeji credit cards during the holidays.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Zawya
27-05-2025
- Business
- Zawya
Khaleeji Bank launches its new summer campaign for credit cardholders
Manama, Bahrain – Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of its new promotional campaign for its credit cardholders this summer. The campaign offers clients the chance to enjoy an amazing summer holiday with rewarding cashback opportunities and cash prizes up to BD 3,000, in addition to a host of exclusive and premium benefits for all Khaleeji credit cardholders. The campaign runs from 1st June until 31st August 2025, granting one winner the chance to win a cashback of up to BD 3,000 when spending BD 500 or more during the campaign. Additionally, four other winners will have opportunities to win cashback of up to BD 500 each, provided they spend any amounts using Khaleeji's credit cards for summer travel expenses, booking airline tickets, hotel stays, shopping, and all other international transactions while travelling abroad during the summer holidays. In addition to this exceptional offer, clients will enjoy a range of other exclusive benefits when transferring their outstanding credit card balances to Khaleeji. These benefits include a free three-month grace period, no down payment or minimum payment required, as well as the opportunity to earn up to 3% cashback. This includes 3% cashback on foreign currency expenditure, 2% on subscription services, and 1% at all other merchants. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, commented 'At Khaleeji Bank, we are always keen to enhance our valued clients' experience throughout the year, responding to their aspirations and providing added value by offering the best banking initiatives and services. In this regard, we are pleased to announce the launch of our credit card campaign for the 2025 summer season, through which we aim to make Khaleeji cards the first choice for our clients during their travels, enabling them to enjoy a fun and rewarding summer holiday.' She continued 'This new promotional campaign reflects Khaleeji's ongoing commitment to providing banking solutions tailored to our clients' needs all year round, encouraging them to maximise the benefits of their Khaleeji credit cards. I would like to take this opportunity to urge our valued clients to take advantage of this outstanding campaign, which includes exceptional opportunities for cashback and prizes of up to BD 3,000, as well as many other exclusive benefits and offers when transferring their outstanding credit card balances to Khaleeji. These benefits include a free three-month grace period, with no down payment and no minimum payment required, as well as the opportunity to earn up to 3% cashback. What sets the Khaleeji credit cards apart from others is that they are the only cards that allow clients to benefit from cashback in addition to earning Gulf Air miles, simultaneously. We wish all clients the best of luck and a wonderful summer using their Khaleeji credit cards during the holidays.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
