Al Salam Bank Bahrain and FlexxPay announce Sharia compliant solution ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.
FlexxPay, Bahrain Al Salam Bank sign co-operation deal
MANAMA, December 12, 2020 FlexxPay, a social impact technology company with offices in Europe and the GCC, and Bahrain-based Al Salam Bank have signed a co-operation agreement in bid to offer innovative employee benefit solutions to businesses and government entities in the kingdom. The sharia compliant solution will give employees and pensioners access to a portion of their earned income whenever they want. Salaries, commissions, pensions, end of service benefits – all of these will be accessible to anyone at any point of time through the FlexxPay platform, in a user friendly and secure environment. Al Salam Bank will cover all banking related services while FlexxPay will focus on technology and user experience.