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Islamic Credit Cards

Bahrain · 3 cards

Al Salam Bank Islamic credit cards

Every Shariah-compliant card Al Salam Bank currently offers, with the contract behind each one and the fee schedule it came from.

Fully Islamic bank3 with no annual fee

Who Al Salam Bank are

A fully Islamic bank — every product it offers is Shariah-compliant.

Established in Bahrain in 2006; 'Licensed and Regulated as an Islamic Retail Bank by the Central Bank of Bahrain'. Al Salam is the consolidator in Bahrain's Islamic retail merger wave: it acquired Ithmaar Bank's consumer banking business and, separately, Kuwait Finance House – Bahrain. Its own site carries a dedicated '/en/ithmaar-bank/' page and a '/en/formerly-kuwait-finance-house/' section, plus '2022 – Acquisition Details' and '2024 – Acquisition Details' entries in its About Us navigation, and it still hosts the legacy KFH Bahrain credit card terms under the entity name 'ASB Finance B.S.C. (C)'. Three live consumer credit cards: Platinum, Signature and Visa Infinite, all Visa. Like BisB it prices cards as a Monthly Service Fee with an annual maximum rather than a profit rate. Both the late payment penalty and any FX mark-up above actual cost are transferred to a charity account.

Legal name
Al Salam Bank B.S.C.
Founded
2006
Head office
Manama, Kingdom of Bahrain
Regulator
Central Bank of Bahrain
Shariah board
Shari'a Supervisory Boardsource
alsalambank.com

All 3 Al Salam Bank Islamic credit cards

Platinum

Al Salam Rewards loyalty points on every banking transaction

Annual fee
No annual fee
Profit rate
Not published
Minimum income
Not published
Structure
Not stated
Reward points

Full breakdown

Signature

Al Salam Rewards loyalty points on every banking transaction, plus 12 lounge visits a year

Annual fee
No annual fee
Profit rate
Not published
Minimum income
Not published
Structure
Not stated
Reward points

Full breakdown

Visa Infinite

Al Salam Rewards loyalty points on every banking transaction

Annual fee
No annual fee
Profit rate
Not published
Minimum income
Not published
Structure
Not stated
Reward points

Full breakdown

Other Islamic card issuers in Bahrain