Warba Bank, a new but highly successful Islamic bank located in Kuwait, has become the first Islamic bank to enter the metaverse.
The bank has made its mark in both Decentraland and The Sandbox. The goal of this initiative is to expand its communication channels and interact with Alpha and Z generation clients.
As a result of establishing its presence in the metaverse, the bank will be able to help young clients and the rest of its clients by engaging with them and meeting all of their banking needs, in addition to offering all the bank’s new services and products.
Warba Bank Executive Vice President for Support Services and Treasury Anwar Bader Al-Ghaith said: “The world of virtual reality is used in several advanced fields, including services, education, health and others. And Warba Bank aims to be close to its clients in virtual reality to introduce its products and services, as well as communicating with them in an innovative way that reflects Warba Bank’s image as a pioneer in digital transformation.”
These efforts underline Warba Bank’s leadership as the Bank of the Future by delivering the greatest technical and digital solutions, including the recent launch of a digital wallet that improves financial inclusion in Kuwait, as well as the purchase and sale of gold bars for its clients.