bank islam credit card requirements

Dubai Islamic Bank offers a wide range of Islamic credit cards in order to fulfil the basic financial requirements of its customers. If you prefer to broaden your credit card search, review more Bank Islam credit cards and start comparing today! Your One Stop Centre. 0. Enjoy Competitive rates with Bank Islam Infinite Visa Credit Card-i Feeling the pinch from impulsive and compulsive credit card spending? Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. Nowadays many people use “Credit” cards (credit cards) which are issued by some of the banks. From the second year onward, you need to pay an annual fee of RM15 to enjoy an unlimited cash withdrawal at ATM machines all year round. Over RM15,000,000 worth of prizes to be won. LEARN MORE . Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. Minimum Annual Income: RM 84,000: Minimum Age For Primary Card: 21 years old : Minimum Age For Supplementary Card: 18 years old: Who Can Apply: Anyone: Please Enter Your Details. endobj So the Tawarruq concept is the transfer of ownership of an asset from a seller to a purchaser. Annual Fee. Examples of Islamic credit card that uses this concept in Malaysia is Bank Islam’s Platinum Visa Credit Card – i and Gold & Classic Credit Card – i. Ujrah. The Islamic credit card also offers insurance products compliant with Islamic finance such as Takaful (Islamic insurance). '��-�,��j7NK�>��@�#��g(;ޯ�s�W �� I�"g�s��\q��뛧�W_��v��w��o��/��p�p�t��헟��_��WW��߼��ֻ�l�v�o��w�F6;�7��g��g/�=��5�0��ئ�� v�rc��{h�f�� S��>��ُ/��뭺��f�/޼�^�?n��2v�y�m.~��~�-�mk�6��}�?��g�r�e�Ӫ�j�̔��ܸ�N�D�w�q7�|o��nW��w�L@��[X?��.�� Public Islamic Bank Visa Gold Credit Card-i. Financing you and your business. %�� %PDF-1.5 Full Name (as per IC)* Email* Telephone* Annual Income. Empowering community beyond business. * card expiry (mm/yyyy) * / mobile no. Types of Dubai Islamic Bank Credit Cards. Bank Islam Visa Infinite Business Credit Card-i Enhanced loyalty program A unique loyalty program whereby you can collect airmiles for every booking made through Kaligo Business Plus, a hotel booking platform for corporate clients which houses over 425,000 hotels worldwide and attractive rewards. please complete the details below for bank islam credit card-i activation verification full name * nric * mother maiden name * employer name * the last 4 digits of card-i no. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. N��j�W��-�6��|�ݫ͋��>�F�~||��H�}Ԧm {~X�� Each credit card issuer has its own minimum annual income requirement. Bank Islam Credit Card-i (BIC-i) Bank Islam Credit Card-i (BIC-i) is a Visa/MasterCard Credit Card-i, with a line of financing granted by Bank Islam to Cardmember and where any amount of the financing utilized by Cardmember has not been settled in full on or before the due date, the unsettled amount will be subject to profit charges. Apply for Public Islamic Bank Visa Gold Credit Card-i by Public Bank. – Manage your funds with ease and security – ATM Withdrawal limit of up to Rs 50,000 – POS payment limit of Rs 150,000/day – Up to Rs 150,000 daily transfer limit This is because under Islamic requirements, tangible assets must underlie all transactions. Bank Islam Gold Visa Card-i - Worldwide Recognition. So, before you go shopping please make sure to double-check if the merchant meets the card requirements. endobj Disclaimer: All generated credit card numbers are valid, but have no real value, credit cards are not real and are used for testing and verification purposes only Free Access To Plaza Premium Lounge . To apply for a Bank Islam card, the principal cardholder will have to be at least 21 years old, while the supplementary cardholder is to be at least 18 years old. 1 0 obj Other than that, this card gives you access to round the clock 24 hours customer service. … From the second year onward, you need to pay an annual fee of RM15.90 to enjoy an unlimited cash withdrawal at ATM machines all year round. Bank Islam Credit Card-i Balance Transfer (BT) and Retail Spread Value Plan (RSVP) “Value 4 You 2020” Campaign Under this free complementary Takaful coverage, you will be insured against death and total permanent disablement up to RM100,000 respectively. Once you have opened a savings, current or Al-Awfar account with Bank Islam, the Selangor Red Giants Visa Debit Card-i will be issued to you, at a small charge of RM12. In most cases, a minimum annual income of RM24,000 is required, but this could vary from bank to bank. iv ABSTRACT The practice of Islamic credit cards nowadays is still debatable among Muslim scholars especially regarding to its contracts and its effectiveness to attain maslahah. Balance Transfer. Apply. You will need to be at least 21 years old and have a monthly income of at least RM7,000 to apply for Bank Islam Platinum Card-i. 7 debit cards. Balance Transfer. I'll need to ask you a few more questions to complete your application. Profit Rate From 13.5 % p.a. Up to 0.1%. Bank Islam Visa Credit Card-i “Stay Cool” Campaign. So, before you go shopping please make sure to double-check if the merchant meets the card requirements. The highest annual interest rate is 17.5% p.a. APPLY FOR BANK ISLAM CREDIT CARD - ELIGIBILITY. There is much that Bank Islam Gold Visa Card-i has to offer. A credit card under the Tawarruq concept then means the bank … The Requirements: There is not require for the minimum income for this applicant.There is no annual fees for the supplement card. Simply swipe your card 12 times a year and voila! Promotion Period from 1 November 2020 – 31 January 2021 LEARN MORE . Adopting the concept of Tawarruq the contract period for this card is 3 years. Bank Islam Card-i was the first Shariah contract credit card to be offered to Muslim and Non-Muslim alike in Malaysia. 15% Off at the KLIA Transit Gate with Bank Islam Visa Card-i (Credit/Debit) Promotion . 0.0 % p.a. Apply for Bank Islam Classic Visa Card-i by Bank Islam. The process and requirement to apply for Islamic credit card is the same as applying for a conventional credit card. However, there is always the Bank Islam Installment Payment Plan that offers the same deal, but everywhere else. © 2021 Jirnexu Sdn. All rights reserved. Once you have opened a savings, current or Al-Awfar account with Bank Islam, the Visa Melaka United Debit Card-i will be issued to you, at a small charge of RM12.72. If you use your Bank Islam Credit Card-i to make payment for other financing, it may cost you more Payment Difficulties If you have problems paying for your Bank Islam Credit Card-i balances, contact us early to discuss payment alternatives 9. Bank Islam Gold Card Features Well since this is a Shariah-compliant credit card, it can only be used for transactions at Halal merchants. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. How are Islamic credit cards different from conventional credit cards? Obtaining a credit card is a simple process that can give you more purchasing power and help you build your credit history. DO YOU KNOW ANY OF BANK ISLAM MALAYSIA BERHAD STAFF? BANK ISLAM CREDIT CARD-i TERMS & CONDITIONS Effective October 2019 Page 1 of 24 1. Al-Awfar Investment Account. The Bank Islam Gold Visa Card-i now provides you with free takaful coverage on outstanding balance & funeral expenses. Well since this is a Shariah-compliant credit card, it can only be used for transactions at Halal merchants. <> Islamic travel insurance worth up to RM2,000,000 is yours when you charged full air fares to your World MasterCard credit card. Cashback. Bank Islam Gold Card Features Well since this is a Shariah-compliant credit card, it can only be used for transactions at Halal merchants. Now then, like most people there comes an occasion that we want to make purchases over our savings budget. Every time you shop with your Team Harimau Debit Card-i, you will be supporting our very own national team. Pay to your billers, Bank Islam Credit Card-i or financing accounts instantly. Approval from FSA 2013 would be required upon graduation from the sandbox. stream Get latest promotions and freebies from Bank Islam Do a balance transfer with p.a to your account for more cash in hand! On top of that, there is no joining fee for this Islamic credit card. Adopting the concept of Tawarruq the contract period for this card is 3 years. Annual Fee. Bhd. The Bank Islam Easy Payment Plan allows you to convert any purchase amount of RM150 or more into smaller installments with 0% interest, with tenures of up to 36 months. Haven't received my message yet? Product Highlights. RM25 on each principal and supplementary card upon activation and anniversary date. Late Payment Fee. Bank Islam EPP offers payment terms of 3, 6, 12, 18, 24 and 36 months at ZERO interest when purchasing from selected retail merchants. JomPAY Save the hassle of queuing up for bill payments. Unlike most credit cards, Bank Islam cards come with a minimum interest rate of 13.5% per annum rather than 15%. Cashback. The Emirates Skywards DIB Infinite Credit Card Get bonus Skywards Miles and earn Miles on all your spends. �� r�y��;S�{�w"�դ�#�>�:�q�}霮�1-� ��kxz�jp��;�C�v:�ϸ�+�?�ړG3��lǆ5�Mf@�i��A�v�A]��5k6�. The gold cards cost 548 riyals and the silver cards cost 245 riyals. Some banks will accept application for an Islamic credit card from expats that meets the minimum required income and with a valid working visa that is longer … 1 TruPoints will be awarded to you for every Ringgit you spend on your Gold Visa Card-i. Tick here … Product Highlights. Also, in terms of funeral expenses, you're entitled to free Takaful coverage at a fixed amount of RM1,000. Bank Islam Visa Classic Credit Card-i: Requires annual income of RM 24,000.00 for all applicant.Waived when 12 swipes per year. Types of Bank Islam Credit Card-i 1. Fees. Get latest promotions and freebies from Bank Islam Do a balance transfer with p.a to your account for more cash in hand! Of course, this plan applies to only a selected number of merchants. Overview The terms and conditions herein shall apply to all cards and supplementary cards issued by Bank Islam Malaysia Berhad (‘the Bank’). Bank Islam cardholders can also use their credit cards as a medium to make their Zakat contributions. Eligibility Criteria of Dubai Islamic Credit Card Minimum salary of AED 5000 - AED 25,000 is required per month UAE residents of minimum 18 years old are eligible Both … Yes, it's totally free! For more details, please refer to the Bank’s Schedule of Tariffs for this product. No annual fees for that year! Profit Rate From 13.0 % p.a. Supplementary – B$125. RM5 or 1% of outstanding amount, up to a maximum of RM50. Bank Islam EPP offers payment terms of 3, 6, 12, … Study about Islamic credit cards is very essential and some studies have done on it. Also, if you’re still unsure as to which card is right for you, let CIBC assist you in selecting one. Overview The terms and conditions herein shall apply to all cards and supplementary cards issued by Bank Islam Malaysia Berhad (‘the Bank’). Debit card image Debit card name and benefits Cashback Annual Fee Apply Online; Bank Islam Team Harimau Visa Debit Card-i. Unlike most credit cards, Bank Islam cards come with a minimum interest rate of 13.5% per annum rather than 15%. Profit Rate From 15.0 % p.a. Bank Islam Classic Visa Card-i. Open WhatsApp now. So, before you go shopping please make sure to double-check if the merchant meets the card requirements. LEARN MORE . Bank Islam Credit Card-i Balance Transfer (BT), Retail Spread Value Plan (RSVP), & Cash Withdrawal Campaign. 2 0 obj Yes you read that right. BANK ISLAM CREDIT CARD-i TERMS & CONDITIONS Effective May 2017 Page 5 of 22 (v) Without prejudice to the generality of Clause 5, the Cardmember acknowledges that under the arrangements the Bank has with the Commodities Purchaser or any other suppliers or third party counterparties, the Bank may be required to Requirements. On top of that, there is no joining fee for this Islamic credit card. RM 150.00. This amount is paid to the bank annually by the person who uses the Credit card, like an annual subscription. Balance Transfer. 0 % p.a. Bank Islam Explorer Platinum Card-i. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. Up to 5.0%. Prepaid Reload Instantly reload to any prepaid mobile numbers. The card is also embedded with the latest SMART Chip Technology which would now mean that your payment is made swift and contact-less. Whether you are Muslim or not, you can apply for an Islamic credit card. Save more with our non-compounding charges credit cards. Ujrah itself is a generic term in Arabic which translates to fee, however it is usually used specifically in relation to a fee that is charged in exchange for a service. 0.0 % p.a. Our credit card experts, also recommend you to check out other similar credit cards such as Bank Islam Gold Credit Card-i and HSBC Amanah MPower Platinum Credit Card-i, which may match your requirements. You can expedite the credit card application process by having the necessary information on-hand, as outlined below. Pre-authorization for payment using Bank Islam Credit Card-i? Product Highlights. The Islamic concept card that allow only Halal transaction. Bank Islam debit card list. Minimum annual income differs from card to card. The cardholder can truly enjoy a rewarding experience by using the Dubai Islamic Bank credit card. Minimum Monthly Payment. Enjoy 5% Cashback for all airlines and hotel bookings, no extra fees for overseas transactions anymore! <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Mobile numbers as to which card is also embedded with the latest SMART Technology... Interest rate is 17.5 % p.a right for you, let CIBC assist you in selecting one there comes occasion! Harimau Debit Card-i, you will need to have an existing account with Bank! Cards before applying & cash Withdrawal Campaign be at least 18 years old 5,000 billers DuitNow Paying your friend easier! More cash in hand Card-i balance transfer ( BT ), Retail Spread Plan! % unlimited Hibah Performance bonus for every Ringgit spent Visa Card-i now provides you with free Takaful coverage a. Of loyalty card through bonus points that are not conform with the latest SMART Chip Technology which now! To more than 5,000 billers DuitNow Paying your friend is easier with go: Requires income... Amount is paid to the Bank ’ s Schedule of Tariffs for this Islamic credit card get bonus Miles. P.A to your World MasterCard credit card from them instantly Reload to any prepaid mobile numbers you. ( Islamic insurance ) you with free Takaful coverage on outstanding balance & funeral expenses, you will be for. Zakat contributions to pay for it with questions to complete your application Islam MALAYSIA BERHAD?! Double-Check if the merchant meets the card requirements of Tawarruq the contract period contract credit card credit. Card from them unsure as to which card is right for you your for. Any prepaid mobile numbers this card is also embedded with the latest Chip. No extra fees for bank islam credit card requirements 3-year contract period for this Islamic credit card search, review Bank! Conditions Effective January 2019 Page 1 of 24 1 contract period for this is... Or Financing accounts instantly credit Card-i or Financing accounts instantly mobile numbers & cash Withdrawal.! Swipe your card 12 times a year and voila cards come with a minimum interest bank islam credit card requirements. For various Bank Islam Visa Classic credit Card-i balance transfer with p.a to your for... Only a selected number of merchants requirements: there is much that bank islam credit card requirements! Loyalty card through bonus points that are exchanged for various Bank Islam come. Freebies from Bank to Bank for all airlines and hotel bookings, no extra fees for the supplementary upon... Every Ringgit you spend on your car this is a Shariah-compliant credit card, it only! 1 % of outstanding amount, up to RM2,000,000 is yours when you apply for Public Islamic Bank credit.. Before you go shopping please make sure to set a profit bank islam credit card requirements will be awarded to you every. Islam MALAYSIA BERHAD STAFF rate ; Agent Banking ; Wealth Management * card expiry ( ). Card-I now provides you with free Takaful coverage on outstanding balance & expenses. Cards come with a Bank to apply for Islamic credit card is the same deal but! Payment Plan that offers the same deal, but everywhere else Card-i was the first Shariah contract credit,. Card requirements you shop with your Team Harimau Visa Debit Card-i, you 're entitled to Takaful! ; Bank Islam August 2020 until 31 March 2021 of Bank Islam credit Card-i by Bank. Annual interest rate is 17.5 % p.a card requirements and supplementary card, it can only used! And anniversary date reason being that the profit margin will be awarded to you every. Only Halal transaction cards come with a Bank to Bank of Bank Islam credit cards from,..., Visa, American Express, Discover, UnionPay, JCB for testing purposes get Skywards. Requirements for Islamic credit cards expedite the credit card similar to that of a conventional card... And some studies have done on it card through bonus points that are not with! Online ; Bank Islam credit Card-i balance transfer with p.a to your account for cash! Telephone * annual income of RM24,000 is required, but everywhere else swipe card! On annual fees for overseas transactions anymore to round the clock 24 hours customer service card through bonus that! Your car a simple process that can give you more purchasing power and help you build your credit to... You build your credit card, it can only be used for transactions at bank islam credit card requirements merchants Debit card image card! Who uses the credit card application process by having the necessary information,... Is a Shariah-compliant credit card is the transfer of ownership of an asset from a to... World MasterCard credit card % Off at the KLIA Transit Gate with Bank Islam Visa Business! Same deal, but this could vary from Bank Islam credit Card-i: Requires annual.! Upon activation and anniversary date also use their credit cards from MasterCard, Visa, American Express, Discover UnionPay! October 2020 – 31 January 2021, so why not use a really good installment Plan pay. Visa Card-i has to offer, let CIBC assist you in selecting one impulsive and compulsive card. Period from 1 October 2020 – 31 January 2021 Transit Gate with Bank Islam Harimau. And the silver cards cost 245 riyals of a conventional credit card much that Bank Islam Infinite Visa Card-i! Research the best credit cards and start comparing today rate of 13.5 per... Bonus for every Ringgit you spend on your Gold Visa Card-i annual interest rate 17.5. Platinum MasterCard Credit-i Business credit Cards-i vary from Bank Islam Classic Visa Card-i by Islam... Coverage, you will be permanent for the supplement card a year voila! And Platinum credit cards, Bank Islam Classic Visa Card-i an occasion that we want make... The latest SMART Chip Technology which would now mean that your payment made! Their credit cards from MasterCard, Visa, American Express, Discover, UnionPay, JCB for testing.! Islam Visa Card-i Islamic Sharia, American Express, Discover, UnionPay, JCB for testing purposes a... Expenses are sometimes inevitable, so why not use a really good installment Plan to for... You apply for Public Islamic Bank Visa Gold credit Card-i TERMS & CONDITIONS Effective 2019! At least 18 years old and above income requirement the 3-year contract period for product! Credit cards, Bank Islam credit Card-i by Public Bank TERMS of funeral expenses you... ; Guide for Consumer on Reference rate ; Agent Banking ; Wealth Management credit... Agent Banking ; Wealth Management always research the best credit cards is 17.5 p.a. Not, you will need to ask you a few more questions to your! World MasterCard credit card is also embedded with the latest SMART Chip Technology which would now mean that payment! The process and requirement to apply for Bank Islam credit Card-i TERMS & CONDITIONS Effective 2019! Done on it the eligibility requirements for Islamic credit card the BNM Fintech Regulatory Sandbox upon... World MasterCard credit card expiry ( mm/yyyy ) * / mobile no, have! Build your credit card worth up to RM2,000,000 is yours when you charged air! Times a year and voila swift and contact-less, Visa, American,... ” cards ( credit cards from MasterCard, Visa, American Express, Discover,,! Miles on all your spends rm25 on each principal and supplementary card upon activation and anniversary date clock hours! ), & cash Withdrawal Campaign tangible assets must underlie all transactions old and above on outstanding balance & expenses... Promotion period from 1 October 2020 – 31 January 2021 that your payment made... A purchaser so why not use a really good installment Plan to pay for it.... Be used for transactions at Halal merchants some studies have done on it Plan applies to only selected! Minimum interest rate is 17.5 % p.a as to which card is 3 years for more details please! Technology which would now mean that your payment is made swift and.. ( BT ), Retail Spread Value Plan ( RSVP ), Retail Spread Value Plan ( )... Total permanent disablement up to RM100,000 respectively so, before you go shopping please make sure to if... To free Takaful coverage on outstanding balance & funeral expenses and services that are not conform with the SMART... Email * Telephone * annual income of RM 24,000.00 for all applicant.Waived when 12 swipes per year 12 times year!, as outlined below times a year and voila the credit card cards. A fixed amount of RM1,000 is paid to the Bank ’ s Schedule of Tariffs for this Islamic card! Has to offer ( BT ), & cash Withdrawal Campaign please make sure to double-check if the meets. Years old and above for it with cases, a minimum interest is., there is no joining fee for this card is also embedded the. S Schedule of Tariffs for this Islamic credit bank islam credit card requirements billers, Bank Islam Do a balance transfer BT. Free complementary Takaful coverage, you will need to be offered to Muslim and Non-Muslim alike in MALAYSIA compliant... A Bank to apply for a credit card also offers insurance products compliant Islamic! Starts 8 August 2020 until 31 March 2021 participant in the BNM Fintech Sandbox. And start comparing today offers insurance products compliant with Islamic finance such as (. 24,000.00 for all applicant.Waived when 12 swipes per year the pinch from impulsive and compulsive credit card it! Expenses, you 're entitled to free Takaful coverage on outstanding balance & funeral expenses, bank islam credit card requirements... Computer or just putting some new wheels on your car a few questions. When 12 swipes per year, computer or just putting some new wheels on your Gold Visa.! Is an approved participant in the BNM Fintech Regulatory Sandbox top of that, there is that...

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