Mashreq Al Islami Platinum Islamic Credit Card Sharia-compliant
A Sharia-compliant credit card by Mashreq Al Islami earning up to 5 points per AED on international spend and 3 points per AED on dining and groceries.
AED 682.50
Up to 5 pts/AED
AED 7,000
3.14%
Who Is This Card For?
Quick answer before the detailed explanation
Good fit if
You spend regularly on international purchases, dining, and groceries and want Sharia-compliant rewards.
Not ideal if
You spend heavily on utilities or education, or prefer cashback over points.
Watch out for
The AED 682.50 annual fee is not waivable and requires strong spend to justify.
Calculate This Card’s Value
Earning Rates
3 pts/AED
3 pts/AED
5 pts/AED
1 pts/AED
0.5 pts/AED
0.5 pts/AED
Perks
Key Strengths and Weaknesses
Strengths
Earns 5 points per AED on international spend with no cap.
3 points per AED on dining and groceries with no monthly limit.
AED 1,500 welcome bonus when you spend AED 5,000 in 60 days.
Sharia-compliant with perks including lounge access, gym access, and cinema BOGO.
Watch out for
AED 682.50 annual fee with no waiver option.
Only 0.5 points per AED on utilities and education spend.
3.14% foreign exchange markup reduces value on international transactions.
Fees & Conditions
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Frequently Asked Questions
Is the annual fee worth it?
The AED 682.50 annual fee is not waivable, but the AED 1,500 welcome bonus (on AED 5,000 spend in 60 days) helps offset it in year one. If you spend regularly on international purchases, dining, and groceries, the 5 and 3 points per AED rates can deliver strong value over time.
Does this card earn rewards on school or university fees?
Yes, but education spend earns only 0.5 points per AED, half the baseline rate of 1 point per AED. If you pay large education fees, this card is less rewarding than others with stronger education earning.
Can I use this card abroad?
Yes, and international spend earns 5 points per AED. However, the 3.14% foreign exchange markup applies to all foreign currency transactions, which reduces the net value of your points.
How does the welcome bonus work?
New credit card customers receive AED 1,500 when they spend AED 5,000 or more in the first 60 days. Existing Mashreq credit card customers receive AED 200 under the same spend condition.
What is the minimum salary to apply?
You need a minimum monthly salary of AED 7,000 to qualify for the Mashreq Al Islami Platinum Islamic Credit Card.