“Oasis Club” Mastercard World Elite

What makes this card Islamic

Approved by Fatwa and Shariah Supervisory Board, under the supervision of Central Bank of Kuwait (CBK).

What it costs

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

Annual fee

KD 250Taken from the KFH Tariff List row “Subscription/ Renewal Mastercard World Elite Cobranded with Oasis (no installments)”. The product page itself does not state an annual fee.source

Profit rate

Not published

Cash withdrawal

KFH Tariff List item 1/25 charges 2.5% on credit-card purchases and cash withdrawals made outside Kuwait. No separate flat domestic cash-advance fee for credit cards was found in the tariff.

Late payment

Not published

Foreign currency spend

2.5% on top of the exchange rate

What you get back

• 15,000 welcome miles on card activation

Other benefits

• Mastercard Travel Pass lounge membership
• World Elite Mastercard Concierge
• Travel and medical insurance
• Global Hotel Alliance and luxury hotel partnerships (Marriott, Oberoi, Soneva)

Can you get it?

Other conditions

Exclusive to KFH Private Banking customers who are Oasis Club members. Card limit KD 2,500–KD 30,000.

Where these figures come from

Last checked against Kuwait Finance House’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.

• “"The Card has a minimum limit of KD 2,500 and a maximum of KD 30,000." — KFH Oasis Club Mastercard World Elite product page”
• “"The client gets 4 aerial miles from “Oasis Club” in reward of every 1 KD domestic purchase, and 5 aerial miles for every 1 KD international purchase." — KFH Oasis Club Mastercard World Elite product page”
• “"15,000 miles for free upon card activation." — KFH Oasis Club Mastercard World Elite product page”
• “"This card is exclusive for KFH Private Banking customers." — KFH Oasis Club Mastercard World Elite product page”
• “"Subscription/ Renewal Mastercard World Elite Cobranded with Oasis (no installments) | KD 250" — KFH Tariff List, item 1/6”
• “"Commission for using (purchases - cash withdrawal) credit card (Visa - master card) installment or non installment external according to the value of the transaction | 2.5%" — KFH Tariff List, item 1/25”
• “"Subscription/Renewal credit card / approve supplementary card (Visa/MasterCard) | Half fees of the main card" — KFH Tariff List, item 1/49”

• Product page
• Schedule of charges