The renewed agreement reinforces the banks’ commitment to secure payment infrastructure, digital innovation, and enhanced customer experiences.
Network International, a leading financial technology company serving the Middle East and Africa, has renewedEmirates Islamic and Network International Extend Strategic Payments Processing Partnership
its payment processing and back-office management agreement with Emirates Islamic, one of the UAE’s prominent Shariah-compliant financial institutions.
Through the renewed agreement, Network International will continue providing payment processing and back-office services to support Emirates Islamic’s banking operations and ongoing digital transformation. The partnership aims to ensure secure, reliable, and scalable payment infrastructure while supporting the bank’s evolving digital banking strategy.
Strengthening Digital Payments and Customer Services
The renewal builds on a long-standing collaboration between the two organizations, which has evolved alongside changing customer expectations and developments in the payments industry.
In addition to core processing services, the partnership has expanded to include real-time data capabilities and value-added solutions leveraging Network International’s payment acquiring expertise.
One of the latest initiatives is Slice, Network International’s instalment payment solution, which allows eligible customers to divide purchases into four to eight instalments without additional fees, subject to the applicable terms.
These initiatives reflect the partners’ continued focus on expanding payment flexibility, improving service delivery, and introducing innovative solutions to meet customers’ financial needs.
Leadership Perspectives on the Renewed Partnership
Murat Cagri Suzer, Group Chief Executive Officer of Network International, highlighted the importance of the continued collaboration, noting that the renewed agreement builds on a strong foundation in payment processing while creating opportunities to introduce additional capabilities and value-added services. He emphasized the company’s focus on combining reliable infrastructure with innovation to support Emirates Islamic’s growth.
Farid AlMulla, Chief Executive Officer of Emirates Islamic, said the renewal reflects the strength of the established relationship and its continued development in line with customer expectations and the bank’s digital banking objectives. He highlighted the importance of secure, scalable payment infrastructure and customer-focused solutions in delivering convenient and Shariah-compliant banking experiences.
Supporting the Future of Islamic Digital Banking
The renewed agreement highlights the growing importance of collaboration between Islamic financial institutions and financial technology providers. As digital banking and electronic payments continue to evolve, reliable processing infrastructure and innovative payment solutions remain important to enhancing customer convenience and operational efficiency.
For Emirates Islamic, the partnership supports its broader digital banking ambitions while maintaining its commitment to Shariah-compliant financial services. For Network International, the renewal reinforces its role in supporting financial institutions across the region with payment technology and related services.
The continued collaboration demonstrates how technology partnerships can contribute to the development of a more innovative, accessible, and customer-focused Islamic banking ecosystem.