Islamic Finance Credit Card in UAE May 2021 - Total 53

Islamic law is a religious law and an important part of Islamic tradition. 
Muslims are prohibited from engaging in any financial activities or doing business with the lender under Islamic law. This entity is also called Riba.
According to Islamic law, some banks and financial institutions offer Islamic-compliant credit cards. This type of credit card strictly complies with I...slamic laws that prohibit Riba and Gharar. Marauders sell things that do not exist. . For example, selling crops that have not yet been harvested.

Riba is a benefit, and Gharar is overpaid. Therefore, when a person uses a Shariah-compliant credit card, no interest is charged on the remaining amount. Sharia law strictly prohibits overcharging. Therefore, there is no complex charge. 
Sharia-compliant credit cards allow Muslims to maintain their faith and obtain credit cards. Non-Muslims can also choose credit cards that comply with Islamic law. In addition to traditional credit cards, they can also choose Islamic doctrine credit cards and take advantage of their advantages and functions.

Benefits and Features of Shariah Compliant Credit Cards
Credit cards that comply with Islamic rules have extraordinary privileges and exclusive benefits. 
No Interest: Riba or interest of any kind in the Islamic law is strictly prohibited. This is why credit cards that comply with Sharia law do not charge any interest. The card charges a “Margin” service provided. The fee is only charged if the amount is not paid within the grace period.
Cashback:  Some credit cards provide cashback in every transaction made by the cardholder.
Benefits of Travelling: Just like traditional credit cards, Islamic teaching credit cards also provide cardholders with travel allowances and privileges. From travel incentives to free use of airport lounges, it meets the needs of frequent travelers by providing them with the best travel benefits.
Bonus Points: Credit card members who comply with Sharia law can earn points when using the card.  Accumulated bonus points can be purchased at a discounted price or cancel the annual payment.
Privileges: Credit cards provide additional perks and privileges, as do Shariah-compliant credit cards. They usually provide takaful insurance to cardholders in case of major illness, permanent disability and other accidents. In addition to this, Islamic priest credit card members can also easily pay their Zakat fees.
Global Acceptance: All Islamic credit cards are provided worldwide, which means cardholders can use the card freely worldwide.
Supplementary Cards: This means that credit card members who comply with Sharia law can use supplementary cards for eligible family members.

Eligibility 
If the eligibility criteria are met, the applicant can easily apply for a credit card that complies with Sharia law.  Here are some factors that determine a candidate's right to a Shariah-compliant credit card:
The minimum age of the applicant should be 21 years and the maximum age should be 65 years. There must be a stable source of income. 
UAE nationals must have a UAE identity card, and foreigners must have a valid passport and visa. 
Subscribers should have a good Credit score, as a bad credit score may result in rejection of the credit card application.

How to Apply?
Getting a Shariah-compliant credit card is the same as a regular credit card. Candidates can apply online or offline using a Sharia credit card.
If the eligibility criteria are met, the applicant can apply for the Shariah Credit Card directly online. They need to go to the official website of the credit card issuer and choose the card that best suits the needs of your credit card. All of them click the “Submit” button.
After providing all the details, the credit card provider will spend some time to verify the credibility of the information filled in. On the information provided by the applicant the credit card provider will decide whether the applicant will get a credit card or not.
Applicants can access the nearest bank branch offline to apply for a credit card that complies with Sharia law offline. Bank executives will guide them through various credit cards that comply with Sharia law. Applicants will be able to choose the one that best suits their credit card needs, depending on their credit card preferences. After the credit card is cleared, the applicant must fill in the application form correctly to obtain a credit card. If they meet the criteria set out in the credit card issuer's instructions, their credit cards will be accepted.

Credit Card Limit 
Credit card limits are basically purchased checks set by a credit card issuer on a specific credit card. The credit card limit is the maximum amount a holder can spend using his credit card in a month. For example, if the credit card provider provides a credit card limit of 50,000 dirhams, then the cardholder’s credit card spending cannot exceed that amount. 
However, the credit limit provided by every Shariah-compliant credit card varies by the applicant, depending on various factors, such as:
The limit on other credit cards if the applicant has any.
credit history of the applicant.
Monthly income of the applicant.

How to choose and compare credit cards with Islamic Financing
There are many financial institutions in the UAE that offer sharia credit cards. But the benefits and are not always the same. They may vary depending on the credit card provider. Therefore, in order for cardholders to choose the best credit card, it is recommended to compare credit cards online by their functions, benefits, and fees. The following are some important factors that applicants should keep in mind when choosing a Shariah credit card:
Fee: It is very important to check the fees and charges related to the use of the card because it can help the cardholder to use the card with caution.
Rewards: Most Shariah-compliant credit card issuers offer special discounts and bonus points for using credit cards, which can be purchased for a variety of discounts. 
Insurance or Takaful: Before choosing a credit card that is in accordance with the Shari'ah, it is necessary to check whether the insurance is obligatory or not. If mandatory, be sure to check for additional payments related to takaful insurance. 
Benefits: When choosing a Shariah-compliant credit card it is important to compare the benefits of different Shariah credit cards. It helps to find Islamic credit cards with the lowest profit margins.
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Best Islamic Finance Credit Card in UAE

Credit Card Minimum Salary Rate
ADIB - Cashback Gold Card 5,000 3.09%
ADIB - Value Card 5,000 3.09%
Emirates Islamic - Flex Card 5,000 3.49%
Emirates Islamic- Cashback Plus Credit Card 12,000 3.35%
Emirates Islamic - Emarati Credit Card 12,000 2.49%
Emirates Islamic - Skywards Signature Credit Card 12,000 3.25%

ADIB - Cashback Gold Card

ADIB - Cashback Gold Card
AED 5,000
Minimum Salary
500
Annual Fees
3.09%
Rate
No
Salary Transfer
​Enjoy Cashback and free roadside assistance with the Cashback Gold card from ADIB!​​​

ADIB - Value Card

ADIB - Value Card
AED 5,000
Minimum Salary
0
Annual Fees
3.09%
Rate
No
Salary Transfer
Rewards ProgramEarn 1 reward point for 1 AED you spend on your card domestically, and earn 2 reward points on every 1 AED spent internationally.Points earned can be used towards airline tickets, shopping mall vouchers, and Club Apparel gifts cards.Features

Emirates Islamic - Flex Card

Emirates Islamic - Flex Card
AED 5,000
Minimum Salary
0
Annual Fees
3.49%
Rate
No
Salary Transfer
Benefits:
FX rate is applicable on overseas transactions.
Unlimited Complimentary GolfLow minimum salary requirement.Travel card with EI SmartMilesWelcome bonus of 10,000 EI SmartMilesInstant EI SmartMiles redemption at over 300 airlines and more than 180,000 hotels worldwideConvenient shoppin...

Emirates Islamic- Cashback Plus Credit Card

Emirates Islamic- Cashback Plus Credit Card
AED 12,000
Minimum Salary
299
Annual Fees
3.35%
Rate
No
Salary Transfer
Cashback RewardsUp to 10% cash back on supermarket spendsUp to 10% cash back on education Up to 10% cash back on dining Up to 10% cash back on telecom expenses

Emirates Islamic - Emarati Credit Card

Emirates Islamic - Emarati Credit Card
AED 12,000
Minimum Salary
0
Annual Fees
2.49%
Rate
No
Salary Transfer
EI SmartMiles allows you instant and flexible rewards redemption options from flights, hotels, miles exchange, and gift cards from any outlet or website in the world. You can redeem from over 300 airlines and 180,000 hotels, car rentals and much more. That"s not all, these EI SmartMiles also give yo...

Emirates Islamic - Skywards Signature Credit Card

Emirates Islamic - Skywards Signature Credit Card
AED 12,000
Minimum Salary
700
Annual Fees
3.25%
Rate
No
Salary Transfer
Enjoy the best Skywards Miles earning rates in the market with the Emirates Islamic Skywards Signature Card. 

Emirates Islamic - Skywards Infinite Credit Card

Emirates Islamic - Skywards Infinite Credit Card
AED 25,000
Minimum Salary
2,000
Annual Fees
2.99%
Rate
No
Salary Transfer
The Emirates Islamic Skywards Infinite Visa Card lets you enjoy exclusive privileges reserved only for the selected few.Take advantage of the following benefits: Automatic upgrade to Emirates Skywards Silver membership.Unlimited Complimentary golf any day of the week.Free valet parkingUnlimited...

ADIB - Cashback Visa Platinum Card

ADIB - Cashback Visa Platinum Card
AED 10,000
Minimum Salary
1,000
Annual Fees
3.09%
Rate
No
Salary Transfer
Enjoy free roadside assistance and much more with the ADIB Cashback Visa Platinum Card.

Samba - Supercharged Titanium Credit Card

Samba - Supercharged Titanium Credit Card
AED 7,000
Minimum Salary
0
Annual Fees
3.15%
Rate
No
Salary Transfer
The Samba Titanium Credit card comes supercharged with added benefits like never before. From movies and dining to fuel and medical expenses - be it locally or globally. Maximise your cashback every day and save up to AED 12,000 annually.

Noor Bank - Wafa Credit Card

Noor Bank - Wafa Credit Card
AED 8,000
Minimum Salary
0
Annual Fees
3.25%
Rate
No
Salary Transfer
Earn, redeem and load points every time you shop at Aswaaq community stores with your wafa Card. Also get up to 11% cash back on your purchases