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Al Baraka Islamic Bank Signs First Agreement with Bahrain Airport Company to Provide Exclusive Offers for MasterCard World Elite Cardholders as the Launch Approaches

4 September 2024 (Manama, Kingdom of Bahrain): Al Baraka Islamic Bank, one of the leading Bahraini financial institutions in the field of Islamic banking, has entered into a strategic partnership agreement with Bahrain Airport Company. This collaboration is set to offer a suite of exclusive benefits and rewards specifically designed for the bank’s customers who hold World Elite MasterCard credit card, enhancing their overall experience at Bahrain International Airport, including complimentary annual access to the luxurious Awal Lounge. The World Elite Mastercard credit card is planned to be officially launched soon, and will bring a host of unique advantages to its cardholders.

A signing ceremony was recently held at Al Baraka Islamic Bank Head Quarters, where the agreement was signed by Dr. Adel Abdullah Salem, CEO of Al Baraka Islamic Bank, and Mr. Mohammed Yousif Al Binfalah, CEO of Bahrain Airport Company, in the presence of senior executives from Al Baraka Islamic Bank, Bahrain Airport Company, Hala Bahrain, Gulf Air Group, and Mastercard.

This agreement comes as Al Baraka Islamic Bank prepares to launch the World Elite MasterCard, which is specially designed for elite individuals, providing them with a wide range of unique benefits and services, with the aim of enhancing the customer experience and meeting their growing needs, especially while traveling. This includes unlimited access to over 1,200 airport lounges worldwide and immediate enrollment in the Al Baraka Rewards Programme. It also offers World Elite Mastercard concierge, Fulfill Visa services, Airport Security Fast Track Services with Travel Pass, Booking.com cashback, complimentary travel insurance, 24/7 emergency services and exclusive premium experiences in various fields, ensuring a lifestyle of luxury and convenience.

On this occasion, Dr. Adel Abdulla Salem, CEO of Al Baraka Islamic Bank, stated: “We take pride in this partnership, which underscores our commitment to delivering exceptional services to our customers. The World Elite MasterCard credit card will unlock a new realm of benefits and luxurious experiences for our esteemed clientele.”

He further stated: “As we prepare for the launch of this innovative card, we are dedicated to incorporating additional exclusive benefits that align with the growing demands and aspirations of our valued customers. Our commitment is to provide outstanding banking experiences that not only meet but exceed customer expectations, whether during their travels or in their daily lives.”

On his part, Mr. Mohammed Yousif AlBinfalah, CEO of Bahrain Airport Company, said:
Bahrain Airport Company (BAC) is pleased to announce a first-of-its-kind collaboration between Awal Private Terminal and Al Baraka Islamic Bank. This partnership will grant World Elite credit cardholders an access to the exceptional services offered by the terminal, catering to owners and users of private jets, as well as first and business class passengers. BAC is confident that this collaboration will further enhance the terminal's standing as a premier destination for discerning travelers.”


Mrs. Reem Tannir, Country Manager for Bahrain, Mastercard, commented: “At Mastercard, we are committed to providing seamless and secure payment solutions that suit consumers’ lifestyles. We are delighted to collaborate with Al Baraka Islamic Bank and Bahrain Airport Company to introduce the World Elite Mastercard credit card, which connects discerning travellers to a world of priceless experiences that seamlessly blend unmatched luxury and convenience.”

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