The iFreedom Plus MasterCard is a join venture between UM Financial Group and Mint Technology Corp., a publicly traded company that is currently managing prepaid card programs for MuchMusic and Canadian Tire. The iFreedom Plus MasterCard is issued by Calgary-based DirectCash Bank. The card is open to Muslim as well as non-Muslim customers.
Canada's First Halal-Approved Card
The iFreedom Plus MasterCard has been approved halal (Arabic for permissible) by three independent experts in Islamic finance. Click here to read their statement.