Rakbank Islamic World Credit Card

Yes. It operates on a Commodity Murabaha structure through Rakbank Islamic.

Points are valid for 36 months from the date earned and are automatically forfeited if unredeemed.

The primary cardholder gets 12 months of complimentary Careem Plus, which includes cashback on Careem rides, free delivery on Careem Food and Quik, and Buy-1-Get-1 DineOut.

No. Rakbank's Key Fact Statement and fee guide set no annual or joining fee for the primary cardholder.

You need a minimum monthly salary of AED 20,000 and to be at least 21 years old. Self-employed applicants must show AED 500,000 in quarterly credit turnover per the Key Fact Statement (the product page cites only this turnover figure, not the KFS's alternative AED 150,000 average quarterly balance option). A security cheque equal to your approved credit limit is required at issuance, and there's a 5-business-day cooling-off period to cancel after signing.

Domestic spend earns 1.25 points per AED, rising to 2.5 at AED 15,000+ monthly spend and 3.75 at AED 30,000+, capped at 187,500 points a month. International spend earns 3.75-6.25 points per AED on the same tiers, capped at 312,500 points a month. Dining, electronics, fashion, online and fitness/beauty spend earn 3.75-6.25 points per AED once category spend hits AED 10,000+, while bills, telecom, fuel, government and similar categories earn a flat 0.35 points per AED.