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Islamic Bank
Islamic Credit Cards Switching to Tawarruq Contract
- 9th January 2026
Between October 2025 and January 2026, Islamic banks in Malaysia transitioned Islamic credit cards from Ujrah to Tawarruq contracts. This guide explains how Tawarruq works, why the industry made the switch, and what cardholders need to know now that all conversions are complete.
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Islamic Bank
KAF Digital Bank Is Now Live: Products, Features, And How to Get Started
- 11th August 2025
KAF Digital Bank officially opened to the public on 8 August 2025, following a mandatory Perintis pilot phase […]
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Islamic Credit Cards Switching to Tawarruq Contract
- 9th January 2026
Most Viewed Articles
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Islamic Credit Cards Switching to Tawarruq Contract
Farah Awanis
- 9th January 2026
Between October 2025 and January 2026, Islamic banks in Malaysia transitioned Islamic credit cards from Ujrah to Tawarruq contracts. This guide explains how Tawarruq works, why the industry made the switch, and what cardholders need to know now that all conversions are complete.