FAB Cashback Islamic Credit Card Sharia-compliant
A Sharia-compliant cashback credit card offering 5% on groceries and dining, 3% on international spend.
AED 315.00
5% groceries
AED 5,000
3.76%
Who Is This Card For?
Calculate This Card’s Value
Key Strengths and Weaknesses
Strengths
5% cashback on groceries and dining with no monthly caps.
3% cashback on international spend, useful for frequent travelers.
Sharia-compliant structure for those seeking halal banking options.
Includes lounge access, Carrefour discount, and airport transfer perks.
Watch out for
AED 315 annual fee with no waiver option available.
Only 0.15% cashback on utilities, making bill payments unrewarding.
3.76% foreign exchange markup reduces value on international transactions.
Earning Rates
5%
5%
3%
1%
0.15%
Perks
Fees & Conditions
Frequently Asked Questions
Is the AED 315 annual fee worth it?
It depends on your spending. You need to earn at least AED 315 in cashback to break even. If you spend around AED 525 monthly on groceries and dining at 5%, you'll cover the fee.
What cashback do I earn on groceries and dining?
You earn 5% cashback on both groceries and dining with no monthly caps, making these the card's strongest categories.
Can I use this card abroad?
Yes, you earn 3% cashback on international spend. However, the 3.76% foreign exchange markup reduces the net benefit to a small loss on foreign currency transactions.
What is the minimum salary required?
You need a minimum monthly salary of AED 5,000 to apply. The card is not available to those earning above AED 12,500 monthly.
Is this card Sharia-compliant?
Yes, this is an Islamic credit card issued by FAB Islamic, structured to comply with Sharia principles for halal banking.