Top 10 Islamic Credit Card in the UAE

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According to the 2016 Islamic Banking Index of the Islamic State of the UAE, Islamic banking products are increasingly popular among Muslim and non-Muslim customers in the UAE.
According to the survey, 51% of UAE consumers currently own at least one Islamic banking product, which is 4% more than last year. And, since there are more than 80 Islamic credit cards listed on Souqalmal.com, there is no shortage of options for those who want to add Islamic-compliant credit cards to their wallets. Islamic credit cards comply with Islamic law, which prohibits charging interest or “riba” on borrowed funds, which is one of the main principles of Islamic banking. Therefore, when you shop using a Sharia-compatible credit card, you don’t have to pay interest on the outstanding balance.

Instead, some banks may charge a monthly profit margin on the balance or a fixed monthly commission.

1- ADIB Etisalat Visa Platinum Card

Cardholders can earn 4 points for every Dirham spent, and every Dhs100 spent allows you to enjoy 13 minutes of free talk time from Etisalat. In addition, after registering this card, you will also receive 70,000 Etisalat reward points, equivalent to 38 hours of UAE talk time. You can use your Etisalat bonus points to pay for Etisalat services. Please note that the annual fee for this card is AED 999.

2- Emirates Islam Flexible Card

If you travel frequently and are looking for a Sharia credit card with a travel permit, this card may be your best choice. With the Islamic Flex Max card from Emirates, you will receive a welcome reward of 50,000 EI Smart Miles. These can be cashed in more than 300 airlines, 180,000 hotels and car rental offices. After redeeming Smart Miles into frequent flyer programs (such as Etihad passengers and Jet Privilege), you can also provide you with free flights, upgrades and additional baggage allowances. You can also use EI Smart Miles’ “Buy Now” function to make purchases, which is a convenient way to shop using Smart Miles.

3- Noor Wafa Card

Grocery spending is inevitable, but if you have a credit card that will make all your spending in the supermarket pay off, then this will make your pocket easier. When you shop at the Aswaaq community store in the UAE, you can get up to 11% cash back reward for your grocery expenses. If you spend less than AED 1,500, you can get 2% cash back; if you spend between AED 1,500-3,000, you can get 5.5% cash back; and if you spend more than AED 3,000, you get 11% cash back. The card is also free in the first year.

4- Dubai Islamic Bank rewards card

The card was jointly launched with the Dubai Department of Economics (DED) to minimize daily shopping. Therefore, whether it’s the cost of food, car repair, payment of Etisalat and Du bills, fuel costs, utility bills, utility bills and replenishment of pocket money, you will receive a 3% refund on all purchased goods. In addition, you can also get a 50% refund for movie tickets, up to 150 dirhams per month. Icing on the cake – there are no minimum requirements for consumption! But remember that the maximum money back you can get in a billing cycle is 1000 dirhams.

5- Qibla Card of Al Hilal Bank

The card has a series of unique benefits and can meet the needs of the Muslim population. One of such functions is its ability to locate “qibla”, that is, the direction of prayer.
Not only that, you can also use a simple payment plan for trips to Ha and Umrah. You can convert purchased transactions into a simple tariff plan within 0 months with a profit rate of 0% for 12 months. The rolling amount will be donated to the Red Crescent Foundation

In addition, this card also allows you to use the VIP lounges in certain airports in the Middle East free of charge.

6- Skywards Dubai Islamic Bank Unlimited Credit Card

With this card, you can earn miles on domestic and international consumption. You can then spend these miles with Emirates and several other partners. Cardholders can earn 75,000 Skywards reward miles. Free Emirates Skywards Silver Card membership, where cardholders can enjoy a variety of travel benefits. Lounge Key provides free access to more than 800 airport lounges worldwide. Enjoy a 25% discount on Zomato online orders . Free roadside assistance. There is no annual monthly fee and the monthly profit rate is 3.25%.

7- Noor Bank Rewards World Credit Card

This Islamic credit card has some advanced features and is the best credit card in UAE. The following are the functions and advantages of this Islamic credit card: Free access to more than 1,000 lounges worldwide through Lounge Key. 1.5% cash back for local expenses and 2% cash back for international expenses. Up to 4 free airport transfers are provided each year in Sharjah, Abu Dhabi or Dubai. Three free valet parking services are available at over 30 locations in Abu Dhabi and Dubai. Through “MasterCard purchase 1, get 1 application”, you can get more than 900 purchases 1 and get 1 discount during dining and hotel stay. No annual monthly fee and monthly profit rate is 3.25%.

8- RAKBANK World Credit Card

Another credit card in the UAE’s top Islamic credit card list. In addition, it provides excess cash back for all cardholder expenses. Through Lounge Key, you can use more than 550 airport lounges worldwide. Avis car rental can enjoy a discount of up to 25%, plus “advanced driver driving service” can enjoy a discount of 10%. Free hotel accommodation at “Starwood Hotels & Resorts”. Some leading restaurants offer exclusive dining discounts on various cuisines. Hundreds of people buy one get one free and get free premium spas, restaurants or other activities in the Middle East and Africa. Travel accident and medical insurance. There is no annual monthly fee and the monthly profit rate is 3.25%.

9- Emirates Islamic Emirati Credit Card

This is an Islamic card. You need a monthly salary of at least AED 5000 to use this card. The minimum monthly payment is 5% of the unpaid amount. The foreign currency exchange rate applicable to overseas transactions is 2.34%. This fee is charged in addition to the standard transaction fee requested by MasterCard International or Visa International and applies to transactions made outside the UAE. There is no annual fee for this card.

25,000 EI Smart Miles welcome reward worth 250 Dirhams. You can earn 3.75 EI Smart Miles for 1 AED for international spending, 2.5 EI Smart Miles for 1 AED for domestic spending, and 0.5 EI Smart Miles for 1 AED for government spending.

The balance transfer tool can be used for 6 months at a price of 0%, and a handling fee of 2% is charged. You can transfer up to 80% of the balance and a minimum payment of 5% of the balance each month. 10% cash back for dining in the form of UAE Islamic Smart Miles.

10- Emirates Islamic RTA Card

This is an Islamic card. You need a monthly salary of at least AED 5,000 to use this card. The profit rate applicable to this card is 3.35%. The foreign currency exchange rate applicable to overseas transactions is 2.34%. There is no annual fee for this card.

Get 10% of fuel expenditure, RTA transportation payment cash back, up to 2.25% of international expenditure and 1.25% of domestic expenditure. There are no mileage plans on this card. When using this card to pay, your RTA and gas station expenses can get up to 10% cash back, international expenses can get 2.25% cash back, and domestic expenses can get 1.25% cash back. The interest rate of the balance transfer function is 1% for 3 months and 2% for 6 months.

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