(Read the full article on forbes.kz)
Customer card balances are not used to generate interest income, and interest is not charged on them. Compliance with the principles of Islamic finance has been confirmed by the international Shariah Council Shariyah Review Bureau (Saudi Arabia), as well as the Spiritual Directorate of Muslims of Kazakhstan, FORBES KAZAKHSTAN reported.
You can issue a card in a minute by installing the Tayyab mobile application in the Apple Store or Play Market. Immediately, you can make instant transfers and contactless payments around the world using Apple Pay and Samsung Pay wallets. If necessary, you can order a plastic VISA card with delivery. You can store money in four currencies: Kazakhstani tenge, US dollar, euro, Russian ruble. You can withdraw cash at any ATM in the world.
The card was launched by the first Kazakhstani Islamic fintech Tayyab in partnership with Bank RBK and the VISA payment system. One of Tayyab’s institutional investors is Dubai Fintech Ventures.
“In addition to the ease of use of financial functions in line with the latest global trends. we provide our users with convenient services to practice the Islamic way of life. For example, only in the Tayyab application, you can easily find the nearest mosque, namazkhan or halal cafe. The application also includes prayer times and azan, qibla compass, dhikr counter, zakat calculator and much more, ”said Daniyar Uspanov, CEO of Tayyab.