With Samba Good Creditcards, you can easily shop and make cash withdrawals wherever in the Kingdom or outside.
The good thing is you can conveniently pay the amount following the manner that is consistent with Islamic Shari’a provisions.
Moreover, the card can be used to pay basic utilities including phone bill, electric bill, mobile phone bill and even school fees.
In general, Samba credit cards including the Good credit cards are packed with essential features that greatly benefit their users both in the Kingdom and around the world.
Most Common Features of
Samba Credit Cards
The features of Samba Good Creditcards are those that are most common to Samba credit cards.
Convenient Payment Options. With Samba credit card, users can make purchases and pay for them only at 5-percent of the monthly account balance.
Withdrawing Cash. Cardholders have an access to instant cash withdrawal according to their cash advance limit. They can do this at local ATMs and Samba branches. If they are outside the Kingdom, withdrawals can be made from many participating ATMs, and other financial institutions around the globe.
Worldwide Acceptance. Samba credit cards are highly accepted in stores and business establishments worldwide. Therefore, using the card during travels is never a concern.
Bills Payment. Card members can pay their utility bills conveniently and free from extra charges. These bills include water, electricity, mobile, school fees and others. Cardholders can access payment through SambaPhone number 800 124 2000 or at www.samba.com.
Taqseet (Instalments). This system facilitate cash advances or purchases using Samba Good creditcards and have an option to pay them in extended monthly installments.
Dial-A-Draft. Pay aside from Samba credit cards by calling SambaPhone and request for a draft, which will be issued in the name of the company you wish to pay.
Bonanza Program. Cardholders can take every opportunity to obtain continuous offers of special deals and privileges available at the finest shops in Saudi Arabia and abroad.
Supplementary Cards. You can take the advantage of getting four more supplementary cards for the other members of the family free.
Low limit Card. This card is offered by Samba as back-up card and works just as the primary card.
Card Replacement. Get immediate replacement of your credit cards should they be lost or stolen.
Payment Convenience. Samba credit cards provide several methods of payment to cardholders for easy settlement of their monthly billings.
Samba Good Creditcards
Accordingly, when paying for Samba Good credit cards account, the payment should be in compliance with Islamic Shari’a.
Shari’a most commonly means Islamic law, it is the system of religious law that is still in forced today among the fundamentalist.
Shari’a undertakes to define human acts as detailed as possible and divide them as permitted and prohibited.
These acts are further subdivided into diverse level of good or evil like obligatory, neutral, recommended, forbidden or objectionable.
Such broad guide of rules tend to regulate all matters concerning devotional life, ritual purity, worship, criminal offenses, personal conduct and commerce, the latter being related to making payments among others.
Accordingly, Islamic Shariah law imposed particular restrictions related to finance and investments in the Muslim community.
The most significant effects among these restrictions are applied to usury (riba) or payment of excessive interest and impermissible (haraam) investments.
The idea of interest payments as it was applied in traditional banking is impermissible according to Shariah law. Payment of interest is considered usury, which is therefore, unjust.
The basis of Islamic finance is on the ownership of assets and sharing of risk. These concepts greatly distinguished Islamic finance principle from that of Western finance that is mostly based on the principle of debt, interest and risk transfer.
Incidentally, payments of account with Samba Good creditcards are in compliance with Islamic Shariah.