RAKislamic World Credit Card review
The card mirrors the conventional World card, offering up to 10% back on travel and supermarket spend and 50% at cinemas, alongside RAKrewards on every purchase. As with the conventional version, minimum monthly spend criteria apply to unlock the boosted category rates, and category monthly caps apply though they are not published on the official page.
Built on a Sharia-compliant framework, it carries a 1.15% foreign transaction fee, a free supplementary card and a cash advance facility of up to 80% of the credit limit.
Complimentary airport lounge access, the card gives faith-conscious residents earning at least AED 20000 a premium option that avoids conventional interest structures.
Card details
| Bank | RAKBANK |
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| Card type | Islamic |
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| Card network | Mastercard |
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| Minimum salary | AED 20,000 |
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| Annual fee | AED 787.50 |
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| Fee waiver | Free for first year, if a minimum spend of AED 50,000 (excluding RAKMoneyTransfer transactions) is not achieved in the previous year |
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| Interest (monthly) | 3.65% |
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| Reward type | Cashback / RAKrewards (Sharia-compliant) |
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| Reward rate | Up to 10% on travel and supermarket and 50% at cinemas (mirroring the conventional World card structure); RAKrewards on every spendMinimum monthly spend criteria apply for the boosted category rates (per the conventional World card terms) Category monthly caps apply (not published on the official page) Built on a Sharia-compliant structure; foreign transaction fee of 1.15%; free supplementary card; cash advance up to 80% |
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| Welcome bonus | 750 welcome bonus points when you apply via the RAKBANK app and meet the minimum spend (20 Jul-15 Sep 2026)Apply via RAKBANK app | Minimum spend criteria apply | Promotion valid 20 Jul 2026 to 15 Sep 2026 | Terms and conditions apply |
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| Lounge access | Complimentary airport lounge access (per World card benefits) |
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| Quick cash | Cash advance of up to 80% of the credit limit, plus a credit card cheque option |
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| Balance transfer | Available |
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| Instalment plan | 0% Easy Payment Plans |
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Welcome bonus: 750 welcome bonus points when you apply via the RAKBANK app and meet the minimum spend (20 Jul-15 Sep 2026)
Terms: Apply via RAKBANK app | Minimum spend criteria apply | Promotion valid 20 Jul 2026 to 15 Sep 2026 | Terms and conditions apply
RAKislamic World Credit Card benefits
✓Sharia-compliant World credit card
✓Free for life
✓Up to 10% cashback on travel and supermarket, 50% at cinemas
✓RAKrewards on every spend
✓Airport lounge access
✓Free supplementary card
Offers and payment options
Quick cashCash advance of up to 80% of the credit limit, plus a credit card cheque option
Balance transferAvailable
Instalment plan0% Easy Payment Plans
RAKislamic World Credit Card fees & charges
| Annual percentage rate (APR) | 43.8% (annual profit rate) |
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| Cash advance fee | 3.15% of cash withdrawn or AED 103.95, whichever higher (incl VAT) |
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| Late payment fee | 241.5 (Donation amount for late payment) |
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| Over-limit fee | 262.5 (Upgrade fee) |
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| Foreign currency fee | 2.57% of transaction amount (non-AED and AED currency), plus ~1.15% Mastercard/Visa scheme fee (incl VAT per Islamic SP Guide) |
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| Minimum payment | 4% or AED 100, whichever higher |
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| Interest-free period | Up to 55 days (profit-free, retail; from purchase illustration) |
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| Card replacement fee | 52.5 (digital banking) / 78.75 (other channels) (incl VAT per Islamic SP Guide) |
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From the bank’s Key Facts Statement / Schedule of Charges. Some figures include and some exclude 5% VAT, a bank’s marketing page can differ from its Key Facts Statement, and fees change - always confirm with the bank before you apply.
Who should get this card?
It is a good match for UAE customers who want a Sharia-compliant premium cashback and travel card.
What works well
- ✓Sharia-compliant with premium cashback
- ✓Free for life
- ✓Complimentary lounge access
What to weigh up
- −Exact caps and minimum spend not published on the official page
- −Top-tier rates require significant monthly spend
RAKislamic World Credit Card eligibility
Minimum salary of AED 20000; UAE resident
▤Emirates ID▤Passport/Visa copy▤Salary certificate or bank statements
RAKislamic World Credit Card FAQs
Minimum salary of AED 20000; UAE resident
The listed annual fee is AED 787.50. Free for first year, if a minimum spend of AED 50,000 (excluding RAKMoneyTransfer transactions) is not achieved in the previous year
Up to 10% on travel and supermarket and 50% at cinemas (mirroring the conventional World card structure); RAKrewards on every spend
It is a good match for UAE customers who want a Sharia-compliant premium cashback and travel card.
Product details are indicative and compiled from each bank’s official pages and Key Facts Statements; figures can differ between a bank’s marketing page and its Key Facts Statement, and fees, rates and VAT treatment change. We are not affiliated with, or authorised by, any bank - always confirm current fees, eligibility, rewards and terms directly with the issuing bank before applying. This page does not constitute financial advice.
