*** Bahrain firm powers UAE launch | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bahrain firm powers UAE launch

TDT| Manama

Email : editor@newsofbahrain.com

Bahrain’s fintech leadership is driving digital change in the UAE, with Bahrain-based Arab Financial Services (AFS) powering the launch of a fully app-based credit card solution in collaboration with Mawarid Finance.

The new platform lets customers apply, receive, and manage credit cards instantly, without visiting a branch or signing a single form.

Bahrain-built, region-ready

The end-to-end solution, developed and enabled by AFS, marks a major milestone in the GCC’s shift toward mobile-first financial services. Regulated by the Central Bank of Bahrain, AFS is playing a growing regional role in delivering seamless digital finance tools across borders.

The app allows users to complete the full credit card journey - from application to approval to daily account management - directly from their smartphones. It eliminates the need for physical paperwork or in-person appointments and offers real-time access to spending data and account controls.

Shariah-compliant and secure

Mawarid Finance, the UAEbased Islamic finance group, partnered with AFS to design the solution to be both fully Shariah-compliant and aligned with modern security standards. Executives from both companies signed the agreement at a recent ceremony, underscoring their shared commitment to digital innovation.

“This platform reflects our commitment to making secure, efficient, and simple financial access a reality for our customers,” said Rashid Al Qubaisi, CEO of Mawarid Finance.

AFS CEO Samer Soliman noted: “Our partnership with Mawarid proves the strength of Bahrain’s fintech sector in enabling advanced digital services across the region. It’s a model of how traditional institutions and fintech can work together to deliver scalable, intuitive solutions.”

Fintech from Bahrain

Founded in Bahrain in 1984, AFS has become the region’s leading digital payment solutions provider, with operations in Bahrain, Egypt, Oman, and the UAE. The launch with Mawarid adds to a growing list of projects where Bahrain-grown fintech tools are transforming user experience far beyond its borders.