News 2007

June 2007


Under Patronage of Riyadh Governor's Wife
Samba Launches Al-Khair Ladies Credit Card

In line with its endeavors to fulfill the dire need for a Shariah compliant credit card for ladies, Samba Financial Group has launched on Monday 3 Jumada II (corresponding to 18 July, 2007), the Shariah compliant Al-Khair Ladies Credit Card during a Ceremony organized for ladies in Nayyara Hall in Al Riyadh under patronage of Her Highness Princess Fahdah Al Hathleen, wife of His Royal Highness Prince Salman Bin Abdulaziz, Riyadh Governor, with the presence of a number of ladies and female journalists.

The event attracted extensive attention from female community. Memorial presents were distributed to all attending ladies. The event also marked the launching ceremony associated with a high-tech and fancy presentation for the new card highlighting its features and advantages that supports development of the women needs, and helps female clients transacting and shopping flexibly and conveniently in a Shariah compliant manner. Samba's pioneering role in providing ladies with traditional as well as Shariah Compliant banking services in the Kingdom has also been addressed in the presentation.

Mr. Eisa Al Eisa, Samba Managing Director and CEO, expressed his happiness on launching this new product, and said we are keen on developing more innovative products and services to ladies. Samba enjoys a leading position in providing such services including Samba Diamond, Gold and Silver services, Samba credit cards, Al Khair financing, consumer financing, investment services, etc. All of such products and services are provided in extremely private and luxurious environment by professional and competent female staff who received extensive training to provide the services to the highest global standards Al-Khair Ladies Credit Card, which enjoys an elegant and innovative design, is available in Titanium class. It provides the holder with many advantages and gives her a free access during week ends to Luthan Center in Riyadh and Chamele Club & Spa in Jeddah to avail of the treatment and spa services and daily sport lessons (including aerobics, yoga, swimming pool, etc.). The new card also gives the holder some attractive shopping offers in a number of big stores, cosmetic shops, furniture showrooms, restaurants, etc. It enables the holder, among other benefits, to get up to 50% discount in subscription in some reputable women magazines, and a discount of 40% in newspaper subscriptions.