Majid Al Futtaim Finance Gets Top Honours For

07 Apr 2012

Majid Al Futtaim Finance gets top honours for Mall Gift Cards at Prepaid Middle East Awards
Awarded Closed-loop / Retailer Program of the Year

Caption: Caption: Julian Little, representing Majid Al Futtaim Finance LLC accepts the award for the Best Closed-loop/Retailer Program of the Year

Dubai, UAE, 8 April 2012 – Majid Al Futtaim Finance took home top honours for its successful Mall Gift Card program, winning in the category of ‘Closed-loop / Retailer Program of the Year’ at the recent Middle East Prepaid Awards 2012. The  pioneer in introducing the prepaid Visa Gift Card concept and other innovative prepaid solutions across all market segments, Majid Al Futtaim Finance is today, the recognised leader within the industry.

Majid Al Futtaim Finance’s Mall Gift Cards – one of the company’s most successful prepaid products in the market, were awarded on the basis of several key merits including simplicity, convenience and branding opportunities. Moreover, Majid Al Futtaim Finance and the Mall Gift Cards were recognised as being ‘best-in-class’ as a complete, end-to-end solution, bringing together the issuing services, payment schemes, technology, card production and the operational support on behalf of businesses. On the customer end, the Mall Gift Cards were noted for their ease-of-use and convenient loading features.

“We are extremely pleased to have been given the ‘Closed-loop / Retailer Program of the Year’ award ” said Rasool Hujair, CEO of Majid Al Futtaim Finance. “Our collaboration between Majid Al Futtaim Properties and its portfolio of world-class shopping malls across the Middle East & North Africa has enabled us to expand successfully across the region, tailoring the product to the needs of each market. We will continue to innovate our Mall Gift Cards to bring a superior product that benefits both our partners and the consumer.”

Hosted on March 21st, the Middle East Prepaid Awards, the first of its kind in the region, was designed to recognise and reward the most outstanding companies and individuals operating within the prepaid industry today. A panel of expert judges was formed to identify those organisations which are running unique and successful programmes in the area or who have shown real drive and innovation in this rapidly expanding industry.

Majid Al Futtaim Finance, as the regional industry leader, offers a comprehensive range of prepaid products across all sectors of the market from retail, travel, corporate and more recently, online. They include prepaid Visa cards, corporate incentive cards and payroll cards and recently, the company introduced two new products: the LoadnShop Prepaid Visa Card and MyNetCard, a prepaid Visa Card for online shopping.
For more information, please visit: 


About Majid Al Futtaim Finance LLC
Majid Al Futtaim Finance LLC is a 100% owned subsidiary of Majid Al Futtaim Ventures. The objective of this venture is to fulfil our vision of becoming the consumer’s credit card and prepaid card of choice. Majid Al Futtaim Finance LLC currently issues VISA and JCB credit cards as well as prepaid Visa cards in the UAE and has plans to expand across the Middle East & North Africa.

For media information, please contact:
Angela Bak,
The Portsmouth Group
[email protected]