South Asia
Every Shariah-compliant credit card we can verify from 23 issuers, with the contract behind each one and the fee schedule it came from.
Cards indexed
38
Issuers
23
With no annual fee
0
Currency
BDT
READ structural_change_in_progress FIRST: five of the ten full-fledged Islamic banks described below were merged into the new state-owned Sammilito Islami Bank PLC with effect from 1 December 2025, so the ten-bank picture painted by Bangladesh Bank's May 2026 statistics is a snapshot of legal entities that the regulator's own resolution action has already superseded. Bangladesh has TEN full-fledged Islamic banks — more than any other country in South Asia — and its Islamic card market is correspondingly deeper than Pakistan's. Bangladesh Bank's Islamic Banking and Finance Statistics for May 2026 records ten full-fledged Islamic banks (Islami Bank Bangladesh, Al-Arafah Islami, Social Islami, Standard Bank, EXIM, First Security Islami, Shahjalal Islami, Union Bank, Global Islami, ICB Islamic) operating 1,700 branches between them; seventeen conventional banks running 49 Islamic banking BRANCHES; and twelve conventional banks running 632 Islamic banking WINDOWS. Islamic banks held 21.85% of total banking deposits in May 2026, against 78.15% for conventional banks. Total system deposits were BDT 21.97 trillion. THE STRUCTURAL POINT FOR CARDS: unlike Pakistan, where the largest Islamic banks issue no credit card at all, Bangladesh's Islamic banks DO issue true revolving credit cards — but they do so using THREE DIFFERENT AND INCOMPATIBLE COST STRUCTURES, which makes cross-shopping unusually hard. (1) A SINGLE FLAT UJRAH FEE — Islami Bank Bangladesh's Khidmah range charges a fixed 'Monthly Maintenance Fee' (Tk. 1,000 to Tk. 5,200 depending on tier) whenever any balance over Tk. 100 remains, with NO percentage rate at all; the effective cost is punitive on small balances and cheap on large ones. (2) A BANDED FLAT SLAB — Standard Islami Bank's Tijarah cards charge a 'Monthly Payable Profit Charge' drawn from a 19-band table keyed to the outstanding balance, so the cost jumps at each boundary (Tk. 400/month at a Tk. 20,000 balance, Tk. 750/month at Tk. 20,001). (3) A CONVENTIONAL-STYLE PERCENTAGE RATE — EXIM Bank charges a flat 25% per annum under Bai-Murabaha, and Social Islami Bank charges 2% monthly / 24% per annum. The system-wide investment mode mix (May 2026) is dominated by Bai-Murabaha at 43.76% and Bai-Muajjal at 17.19%, with Hire Purchase under Shirkatul Melk (HPSM) at 17.39%, Ijarah 5.22%, Mudarabah 4.81% and Qard-e-Hasan 1.95%. A SECOND STRUCTURAL POINT: nearly every Bangladeshi Islamic credit card is DUAL-CURRENCY (BDT plus USD), with fees quoted in both, reflecting the country's foreign-exchange quota regime — EXIM markets Travel Quota, RFCD and Retention Quota card variants, and Standard Islami Bank prices whole card tiers (Platinum-RFCD, Platinum-ERQ) purely in USD. A THIRD: disclosure quality is materially worse than Pakistan's. Two of the banks in this dataset publish their card Schedule of Charges as a SCANNED PHOTOGRAPH with no text layer (Islami Bank Bangladesh's Annexure-D, and Global Islami Bank's card SoC, whose only extractable string is 'CamScanner'). Several banks publish no eligibility criteria at all. Bangladesh has no equivalent of Pakistan's SBP-mandated Key Fact Statement.
Bangladesh Bank requires every bank conducting Islamic banking to constitute an independent Shariah Supervisory Committee (SSC). The governing instrument was BRPD Circular No. 15 of 9 November 2009, which placed responsibility for Shariah compliance of a bank's deposit and investment products on its Board of Directors and permitted the Board to form an SSC — but did not specify the SSC's size, member remuneration, tenure, appointment or removal. Bangladesh Bank replaced that gap on 28 September 2025 with IBRPD Circular No. 01, issued by the newly-created Islamic Banking Regulation and Policy Department, setting out in detail the formation of the SSC, the appointment and removal of its members, and their roles and responsibilities. Bangladesh Bank created four new head-office departments in March 2025 (BRPD Circular Letter No. 06), of which the Islamic Banking Regulation and Policy Department (IBRPD) is one — so Bangladesh now has a dedicated Islamic banking regulator department for the first time. There is NO national-level Shariah board equivalent to Malaysia's SAC or the UAE's Higher Shariah Authority; each bank's SSC is its own authority. In practice this shows in the card market: several Bangladeshi Islamic cards do not name the Shariah contract they use at all.
The contract is the whole difference between an Islamic card and a conventional one. These are the structures in use here.
Lowest published rate
Social Islami Bank
SIBL Visa Islamic Credit Card (Dual)
Social Islami Bank
Priority Pass for Platinum, Balaka VIP Lounge visits, and 0% instalments up to 24 months
Full breakdown
Each list applies one rule to every card on sale here and shows what passes. A filter, not a ranking.
How these lists are builtAl-Arafah Islami Bank
3 cards · fully Islamic bank
From Tk 1,000 a year
Bank Asia (Islamic)
2 cards · Islamic window
BRAC Bank
0 cards
City Bank (City Islamic)
2 cards · Islamic window
From Tk 1,250 a year
Dhaka Bank (Tayyebah)
2 cards · Islamic window
From Tk 3,500 a year
Dutch-Bangla Bank
0 cards
EXIM Bank
3 cards · fully Islamic bank
From Tk 2,000 a year · 25% profit rate
First Security Islami Bank
0 cards · fully Islamic bank
Global Islami Bank
2 cards · fully Islamic bank
From Tk 3,000 a year
ICB Islamic Bank
0 cards · fully Islamic bank
Islami Bank Bangladesh
5 cards · fully Islamic bank
From Tk 1,500 a year
Jamuna Bank (Islamic)
0 cards · Islamic window
Mutual Trust Bank (MTB Islamic)
3 cards · Islamic window
From Tk 3,000 a year
Premier Bank (Islamic)
0 cards · Islamic window
Prime Bank (Hasanah)
2 cards · Islamic window
From Tk 2,500 a year
Sammilito Islami Bank
0 cards · fully Islamic bank
Shahjalal Islami Bank
3 cards · fully Islamic bank
From Tk 1,000 a year · 24% profit rate
Social Islami Bank
2 cards · fully Islamic bank
From Tk 1,200 a year · 2% profit rate
Southeast Bank (Southeast Tijarah)
5 cards · Islamic window
From Tk 2,000 a year
Standard Chartered Saadiq
2 cards · Islamic window
From Tk 3,000 a year
Standard Islami Bank
2 cards · fully Islamic bank
From Tk 3,000 a year
Trust Bank (Islamic)
0 cards · Islamic window
Union Bank
0 cards · fully Islamic bank
Al-Arafah Islami Bank
La-Riba Islamic Credit Card — Gold
Al-Arafah Islami Bank
First year free, mid-tier carrying cost of Tk. 1,170 a month
Full breakdown
Al-Arafah Islami Bank
La-Riba Islamic Credit Card — Platinum
Al-Arafah Islami Bank
Complimentary Balaka and worldwide airport lounge access, for supplementary holders too
Full breakdown
Al-Arafah Islami Bank
La-Riba Islamic Credit Card — Silver
Al-Arafah Islami Bank
First year free, and no annual fee thereafter on 18 transactions a year
Full breakdown
Bank Asia (Islamic)
Gold Islamic Card
Bank Asia (Islamic)
Entry Islamic tier at Bank Asia, dual currency
Full breakdown
Bank Asia (Islamic)
Platinum Islamic Card
Bank Asia (Islamic)
Dual-currency Islamic card priced on a banded monthly maintenance fee
Full breakdown
City Bank (City Islamic)
City Islamic Blue American Express Card
City Bank (City Islamic)
Entry-tier Islamic American Express card with 0% Flexibuy instalments
Full breakdown
City Bank (City Islamic)
City Islamic Gold American Express Card
City Bank (City Islamic)
10 MyRewards points per BDT 50 at supermarkets on the first and last weekend of each month
Full breakdown
Dhaka Bank (Tayyebah)
Tayyebah Islamic Credit Card (Platinum)
Dhaka Bank (Tayyebah)
Full breakdown
Dhaka Bank (Tayyebah)
Tayyebah MasterCard Credit Card (Titanium)
Dhaka Bank (Tayyebah)
Full breakdown
EXIM Bank
EXIM Islamic Investment (Credit) Card — VISA Gold
EXIM Bank
45 days profit-free, plus airport Meet & Greet
Full breakdown
EXIM Bank
EXIM Islamic Investment (Credit) Card — VISA Platinum
EXIM Bank
45 days profit-free with Meet & Greet and priority service
Full breakdown
EXIM Bank
EXIM Islamic Investment (Credit) Card — VISA Signature
EXIM Bank
50 days profit-free plus year-round Balaka VIP Lounge access
Full breakdown
Global Islami Bank
GIB VISA Gold Dual
Global Islami Bank
Full breakdown
Global Islami Bank
GIB VISA Platinum
Global Islami Bank
Full breakdown
Islami Bank Bangladesh
Khidmah Gold Card
Islami Bank Bangladesh
Discounts at 1,000+ brand outlets and up to 36 months 0% EMI
Full breakdown
Islami Bank Bangladesh
Khidmah Mastercard World
Islami Bank Bangladesh
The top of the Khidmah range, dual currency, limit up to Tk. 500,000
Full breakdown
Islami Bank Bangladesh
Khidmah Platinum Card
Islami Bank Bangladesh
Balaka Lounge access, buy-one-get-free five-star buffets, and 36-month 0% EMI
Full breakdown
Islami Bank Bangladesh
Khidmah Priority Platinum Card
Islami Bank Bangladesh
Two Balaka Lounge visits a year on a Tk. 500,000 credit limit
Full breakdown
Islami Bank Bangladesh
Khidmah VISA Signature Card
Islami Bank Bangladesh
Full breakdown
Mutual Trust Bank (MTB Islamic)
MTB Islamic Ujrah Card — Visa Gold
Mutual Trust Bank (MTB Islamic)
MRewardz points, redeemable against the annual fee itself
Full breakdown
Mutual Trust Bank (MTB Islamic)
MTB Islamic Ujrah Card — Visa Platinum
Mutual Trust Bank (MTB Islamic)
MRewardz points, redeemable against the annual fee itself
Full breakdown
Mutual Trust Bank (MTB Islamic)
MTB Islamic Ujrah Card — Visa Signature
Mutual Trust Bank (MTB Islamic)
MRewardz points, redeemable against the annual fee itself
Full breakdown
Prime Bank (Hasanah)
Visa Hasanah Gold Credit Card
Prime Bank (Hasanah)
Lower-tier Hasanah card with a 45-day profit-free window
Full breakdown
Prime Bank (Hasanah)
Visa Hasanah Platinum Credit Card
Prime Bank (Hasanah)
45-day profit-free window and 0% instalments up to 36 months
Full breakdown
Shahjalal Islami Bank
Click! Classic Card
Shahjalal Islami Bank
Full breakdown
Shahjalal Islami Bank
Click! Gold Card
Shahjalal Islami Bank
Full breakdown
Shahjalal Islami Bank
Click! Platinum Card
Shahjalal Islami Bank
Free Balaka Lounge access with a guest, up to 8 visits a year
Full breakdown
Social Islami Bank
SIBL Visa Islamic Credit Card (Dual)
Social Islami Bank
Priority Pass for Platinum, Balaka VIP Lounge visits, and 0% instalments up to 24 months
Full breakdown
Social Islami Bank
SIBL Visa Islamic Credit Card (Local)
Social Islami Bank
Taka-only Shariah card with 0% instalments and a 51-day profit-free window
Full breakdown
Southeast Bank (Southeast Tijarah)
Tijarah Islamic Mastercard World
Southeast Bank (Southeast Tijarah)
Full breakdown
Southeast Bank (Southeast Tijarah)
Tijarah Islamic Titanium
Southeast Bank (Southeast Tijarah)
Full breakdown
Southeast Bank (Southeast Tijarah)
Tijarah Islamic Visa Gold
Southeast Bank (Southeast Tijarah)
MUKAFA for Sadakah — reward points routed to charity
Full breakdown
Southeast Bank (Southeast Tijarah)
Tijarah Islamic Visa Platinum
Southeast Bank (Southeast Tijarah)
MUKAFA for Sadakah — reward points routed to charity
Full breakdown
Southeast Bank (Southeast Tijarah)
Tijarah Islamic Visa Signature
Southeast Bank (Southeast Tijarah)
Full breakdown
Standard Chartered Saadiq
Saadiq Visa Gold Credit Card
Standard Chartered Saadiq
Full breakdown
Standard Chartered Saadiq
Saadiq Visa Platinum Credit Card
Standard Chartered Saadiq
Free Priority Pass, 1,200+ lounges, and 1 point per BDT 50 spent
Full breakdown
Standard Islami Bank
Tijarah Gold Card
Standard Islami Bank
Two complimentary worldwide lounge visits and Visa travel privileges
Full breakdown
Standard Islami Bank
Tijarah Platinum Card
Standard Islami Bank
Complimentary Balaka Lounge plus four worldwide LoungeKey visits
Full breakdown