Dubai: Dubai Islamic Bank (DIB) has launched the Jaywan Debit Card for its current and savings account customers, supporting the wider rollout of the UAE's national card payment scheme.Developed and operated by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan aims to localise domestic card transactions, strengthen the resilience of the country's payments infrastructure and support the secure processing of payment data within the UAE.DIB said the initiative reinforces payment sovereignty, enhances the resilience of the national financial system and supports the UAE's ambitions to remain a global leader in digital payments and financial innovation.Dr Adnan Chilwan, Group Chief Executive Officer of DIB, described Jaywan as a significant milestone in the UAE's efforts to build a more sovereign and future-ready payments ecosystem.“Jaywan represents a defining step in the UAE's journey towards a more sovereign, resilient and future-ready payments ecosystem,” he said.“As the UAE's largest Islamic bank, DIB has a responsibility to support national initiatives that strengthen the foundations of the economy and translate strategic ambition into wider adoption.“Through this launch, we are contributing to a homegrown payments infrastructure built around the UAE's priorities, while giving our customers a secure and seamless way to participate in the country's digital future.”The launch forms part of ongoing efforts to expand the adoption of the UAE's national payments network and strengthen the country's digital economy.
