Islamic Financial Center Card (IFC Card)
This product corresponds to Islamic Finance Principles, and it has also been agreed with and approved by the Sharia Council of the Bank. Islamic Financial Center Cardholders can now use this great opportunity to pay for their purchases, transfer money and perform other transactions within the frameworks stipulated by Islamic banking principles.
No interest is accrued on the cash balances remaining on IFC cards. The Bank does not perform any kinds of transactions with cash balances, remaining on cards, that contradict Islam’s Sharia principles.
No interest rate is charged for replenishing cash funds on the IFC Elcards, replenishment in Bakai Bank’s cashier’s offices is free.
System limitations for the IFC Elcard payment card, at the program level, purchases are blocked for specialized establishments, such as:
∙ alcohol and tobacco stores;
∙ amusement and entertainment facilities, betting offices;
∙ websites with inappropriate content.
The Bank bears no responsibility for incorrect registration in payment systems of stores that carry out their activities in a field or area different from their main field of operation.
A “Friendly network” is a wide network of ATMs and terminals throughout Kyrgyzstan. For the clients’ convenience banks have integrated their devices which service cards into a single network.
Our cardholders can withdraw money from Elcard/VISA payment cards using the Friendly Network’s devices according to the rates of Bakai Bank OJSC.
The Friendly Network includes the following banks:
Bakai Bank OJSC
Aiyl Bank OJSC
Bank of Asia CJSC
Finance Credit Bank OJSC
Capital Bank OJSC
For more detailed information please call our consultants using the number of the contact center 6111 or you can receive information directly in Bakai Bank’s offices.