Islamic banking products are becoming famous day by day in the UAE among Muslims as well as non-Muslim people. One of the most famous Islamic banking products is credit cards. Islamic credit cards comply with Shariah-compliant laws which prohibit banks or financial institutions from charging interest or riba on the money that has borrowed from them. Therefore, when you make the use of Islamic credit card in UAE for purchases, you will not be charged any interest on the outstanding balance. Instead of charging interest, some of the banks in the UAE levy a ‘monthly profit rate on the outstanding balance. Else, they might charge a ‘fixed monthly fee’. Another major reason behind the popularity of Islamic credit cards is that they come up with plenty of amazing benefits and features that are incomparable to others.
Here in this article, we have listed out the top 5 Islamic credit cards in the UAE that you can definitely consider without giving a second thought:
1. ADIB Etisalat Visa Platinum Card
This is among the best credit card in UAE that is especially designed for Etisalat users who can easily earn Etisalat reward points for all of their spend using the credit card. In addition to this, it offers a wide range of benefits and features that enable its cardholder to make the most of it. Few of them are as follows:
- 70,000 welcome ‘Etisalat smiles points’
- For ‘non self-funded card’, the cardholder can earn four ‘Etisalat Smiles Points’ for every AED spent locally as well as internationally.
- For ‘self-funded card’, the cardholder can earn two Etisalat Smiles Points for every AED spent locally as well as internationally.
- The cardholder can withdraw cash 100 percent of their finance limit.
- Complimentary airport lounge access across the globe via Veloce lounge.
- Free valet parking at some specific locations.
Annual Monthly Fee: AED 999
Monthly Profit Rate: 2.99%
2. Emirates Islamic Flex Credit Card
The Emirates Islamic Flex Credit Card brings you flexibility & convenience like you have never experienced before. This is among the best credit card in UAE that offers its cardholder a wide range of travel, lifestyle, and shopping benefits. In addition to this, it provides you the amazing opportunity to earn unlimited miles & redeem them without any blackout dates. Well, you can redeem the Emirates Islamic SmartMiles for free hotels, flights, & retail purchases immediately anywhere in the globe. Following are the main benefits & features of this Islamic credit card:
- Welcome bonus of up to 75000 Emirates Islamic SmartMiles.
- Complimentary lounge access to more than 1000 airport lounges globally via LoungeKey.
- Multi-trip travel insurance & purchase protection.
- Unlimited free golf privileges at Track Meydan Golf Club or Arabian Ranches Golf Club.
- Complimentary valet parking.
Annual Monthly Fee: Free
Monthly Profit Rate: 3.49%
3. Skywards Dubai Islamic Bank Infinite Credit Card
This is indeed the best credit card in UAE that provides unmatched benefits & privileges to its cardholder. With this card, you will earn skywards miles on domestic & international spend. And then, you can spend these miles with Emirates and other various partners. Below specified are its key features & benefits:
- The cardholder can earn up to 75000 bonus Skywards Miles.
- Free Emirates Skywards silver membership through which the cardholder can avail a host of travel benefits.
- Complimentary lounge access to more than 800 airport lounges across the globe via LoungeKey.
- 25 percent off on online orders made through Zomato throughout the UAE.
- Complimentary roadside assistance.
Annual Monthly Fee: Free
Monthly Profit Rate: 3.25%
4. Noor Bank Rewards World Credit Card
The Noorbank rewards world credit card offers plenty of exclusive benefits, making this credit card ideal for individuals, couples, and families. In addition to this, this Islamic credit card comes with some advanced features that make it the best credit card in UAE. Following are the features & benefits of this Islamic credit card:
- Complimentary lounge access to more than 1000 airport lounges globally via LoungeKey.
- 1.5 % cashback on local spent & 2% cashback on international spent.
- Up to 4 complimentary airport pick-up & drop-off services across Sharjah or Abu Dhabi or Dubai every year.
- 10 percent discount on any international round trip flight tickets on booking via Cleartrip.
- Travel inconvenience insurance.
- Free night stays at ‘SPG Hotels & Resorts’.
- Three complimentary valet parking at 30+ locations within Abu Dhabi & Dubai.
- More than 900 buy 1, get 1 offer on dining and hotel nights via ‘MasterCard Buy 1, Get 1 App’.
Annual Monthly Fee: Free
Monthly Profit Rate: 3.25%
5. RAKBANK World Credit Card
The RAKBANK World Credit Card is yet another credit card that comes in the list of best credit cards in UAE. This Islamic credit card offers unmatched privileges, benefits, and rewards every day. In addition to this, it offers exceptional cashback to its cardholder on all of their spendings. Below given are the key features & benefits of this Islamic credit card:
- Complimentary lounge access to more than 550 airport lounges globally via LoungeKey.
- A maximum of 25 percent discount on Avis Car Rental plus 10 percent discount on ‘Premium chauffeur drive services’.
- Free hotel nights at ‘Starwood Hotels & Resorts’.
- Exclusive dining offers at some leading restaurants across various cuisines.
- Hundreds of buy one, get one free offer across the Middle East & Africa on premium spas, dining, or various activities.
- Travel accident & medical cover
Annual Monthly Fee: Free
Monthly Profit Rate: 3.25%
In A Nutshell
Here you have the list of top 5 Islamic credit cards that you should consider in the UAE. Not only all these credit cards come with attractive benefits & features but also they offer unmatched privileges & rewards to its cardholder. So, go through the above-mentioned Islamic credit cards and then compare them on the basis of their profit rates, annual fee, features, and benefits to opt for the right one.
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