La-Riba Islamic Credit Card — Gold

What makes this card Islamic

Al-Arafah Islami Bank builds this card on a Qard Hasan + Ujrah contract. The bank lends you the money and you pay back exactly what you borrowed, not a penny more.

Revolving Qard, as named by the bank: 'It is a revolving Quard facility based card only for purchasing Shariah allowed products and services.' True revolving credit card — minimum payment Tk. 500 or 5% of total due, whichever is higher. The return is taken as flat monthly fees, not a percentage.

Approved by Al-Arafah Islami Bank Shariah Board, under the supervision of Bangladesh Bank.

What it costs

Every figure below comes from Al-Arafah Islami Bank’s own published documents. Where the bank does not publish a number we say so rather than estimate it.

Annual fee

Tk 2,000Waived from year two if 18 or more POS/e-commerce transactions are made over the year.source

Supplementary card

Tk 0First supplementary card free; second and onward Tk. 2,000, waived on 18 transactions per card per year.

Profit rate

Not publishedNo percentage rate. Total monthly carrying cost at Gold tier is Tk. 1,170 — a Monthly Service Charge of Tk. 600 plus the Tk. 570 Monthly Maintenance Fee. No profit-free or grace period is published.

Cash withdrawal

Tk. 150 at an AIBL ATM, Tk. 170 elsewhere, Tk. 200 on the Mastercard/Visa network. Cash advance limit 50% of the credit limit; BDT 20,000 per local transaction, BDT 50,000 per day.

Late payment

Tk 500Published as a 'Collection and File Maintenance Fee'; no line called 'late payment fee' exists in the Schedule of Charges.

Foreign currency spend

2% on top of the exchange rate

Replacement card

Tk 500

What you get back

Other benefits

• No annual fee in year one; waived thereafter on 18 transactions a year
• First supplementary card free
• Dynamic currency facility
• Instalment facility
• Free auto-debit of the minimum or total amount due from an AIBL account

Before you apply

• No grace period is published, and the Tk. 1,170 total monthly charge appears to apply regardless of whether a balance is carried.
• Pre-closure fee of Tk. 500 if the card is closed within the first year.
• 2% international transaction markup; 1% on mobile-wallet transfers.
• Schedule of Charges in use dates from 13 November 2024; the bank's credit-card charges page renders its documents as unlinked images.
• Use aibl.com.bd — al-arafahbank.com times out and al-arafahbank.com.bd does not exist.

Can you get it?

Other conditions

Salaried, self-employed (proprietorship, partnership, limited company) and professional/landlord applicants are all catered for with separate published document tracks. No income floor or age band is published.

What to have ready

• Completed application form, National ID, E-TIN, 2 photographs, utility bill and passport copies if held
• Salaried: salary certificate or 3 months' pay slips plus 6 months' bank statement
• Self-employed: 6 months' personal and firm bank statements, trade licence (latest and 2 years old), plus deed / MoA / Certificate of Incorporation as applicable
• Professionals: BMDC copy for MBBS doctors; permission-to-practise certificate for lawyers, engineers, consultants
• Landlords: land ownership document and rent deed

Where these figures come from

Last checked against Al-Arafah Islami Bank’s published documents on 2026-08-17. Banks change fees without notice, so treat the bank’s own document as the final word, not this page.

• “Annual Fee (Primary Card) | Silver 1000 | Gold 2000 | Platinum 3000 — AIBL Master Circular of Schedule of Charge w.e.f. 13.11.2024”
• “Product-wise Monthly Maintenance Fee & Monthly Service Charge: Gold | 600 | 570 | 1170 — AIBL Schedule of Charges”
• “Minimum Payment | 500 or 5% of total due whichever is higher (with fees & charges) — AIBL Schedule of Charges”
• “It is a revolving Quard facility based card only for purchasing Shariah allowed products and services. — https://www.aibl.com.bd/cards/la-riba-platinum-card/”
• “Markup (International Transaction) | 2% — AIBL Schedule of Charges”

• Product page
• Schedule of charges