There’s a new MasterCard being marketed at Muslims, complete with a compass pointing the way towards Mecca. Al Hillal Bank, an Islamic financial company owned by the United Arab Emirates government, recently launched the credit card. Rather than merely serving as an instrument with which one can purchase goods and services, the card is also compliant with Islamic laws.
Photo Credit: MasterCardIn addition to including a compass that allows Islamic adherents to comply with “salah” (praying five times per day, while facing Mecca — one of the Five Pillars of the Muslim faith), the bank’s MasterCard bans interest on loans. As Daily Mail notes, “riba,” or the charging of interest on loans, is forbidden in Islamic law. NBC News has more: