Visa Signature

What makes this card Islamic

Boubyan Bank builds this card on a Qard Hasan contract. The bank lends you the money and you pay back exactly what you borrowed, not a penny more.

Boubyan's own "Boubyan Credit Cards Terms and Conditions for Issuance and Usage" (dated May 2026; the card is defined as "the Credit Card (Charge/ Revolving) issued by Boubyan Bank", covering both settlement forms in one document) states plainly, under 'Use of the Card': 'All utilized amounts are considered Qardh Hassan granted by the Bank.' This is a direct statement of the contract, not an inference from the no-profit mechanics the corpus previously read as merely Ujrah-consistent. Matches the Qard Hasan structure already recorded for Standard Bank South Africa's charge card and Alinma's charge cards (research/structures.json).

What it costs

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

Annual fee

KD 150Taken from the Boubyan tariff list row for this card's scheme and tier (April 2026 edition); Boubyan's product pages do not publish per-card fees.source

Supplementary card

KD 100Boubyan tariff list, supplementary card issuance/renewal by tier (item 1/10).source

Profit rate

0% a month on the outstanding balance0% a year as stated by the banksource

Cash withdrawal

Flat KD 6 per cash withdrawal, locally or globally, regardless of amount; a further 2.5% applies to foreign-currency use.

Late payment

Not published

Foreign currency spend

2.5% on top of the exchange rate

Replacement card

KD 15

Where these figures come from

Last checked against Boubyan 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.

• “"All utilized amounts are considered Qardh Hassan granted by the Bank." — Boubyan Credit Cards Terms and Conditions for Issuance and Usage (May 2026), section 2 'Use of the Card'”
• “"Card: shall mean the Credit Card (Charge/ Revolving) issued by Boubyan Bank." — Boubyan Credit Cards Terms and Conditions for Issuance and Usage (May 2026), section 1 Definitions”
• “"Premium travel and lifestyle benefits with concierge services." — Boubyan Bank credit cards listing page”
• “"No profits shall be charged to the due balance." — Boubyan Bank, Terms and conditions for issuing and using Visa Card”
• “"The minimum monthly instalment payable for the credit card is KD 8.33 or 8.33% of the credit limit extended to the card, whichever is higher, for VISA or mastercard credit cards." — Boubyan Bank credit card T&C”
• “"The bank is entitled to annual non-refundable fees against the issuance of the credit card, and such fees shall be due upon the card’s automatic renewal on an annual basis." — Boubyan Bank credit card T&C”
• “"Credit card commission for use outside Kuwait with a foreign currency in addition to the exchange rate specified by the network providing the service (Visa/Master) of the amount per each transaction (ATM/POS). | 2.5 %" — Boubyan Tariff List 2026/04, item 1/20”
• “"Cash withdrawal fees locally and globally of Visa or MasterCard (per transaction, regardless of the withdrawn amount) | KD 6" — Boubyan Tariff List 2026/04, item 1/2”
• “"Reissuance/Replacement of lost/stolen/not received during 3 months Visa/MasterCard Credit Cards ... | KD 15" — Boubyan Tariff List 2026/04, item 1/11”
• “"Issuance/Renewal fees of Visa Signature + World MasterCard Charge/Revolving cards (except the offers made by the bank) | KD 150" — Boubyan Tariff List 2026/04, item 1/1”

• Product page
• Schedule of charges
• Terms and conditions