AFFIN INVIKTA World Mastercard Credit Card-i

What makes this card Islamic

Affin Islamic Bank Berhad builds this card on a Tawarruq contract. The bank sells you a commodity on credit at a marked-up price, you sell that commodity to somebody else for cash, and the cash becomes your spending limit.

Affin Islamic names three contracts working together. Tawarruq: 'two sale and purchase contracts where the Customer purchase the Commodity from the Bank at a mark-up sale price (Bank's Sale Price) on a deferred payment basis and subsequently sells the Commodity to a Commodity Supplier for cash at the Bank's Purchase Price with the objective of obtaining cash.' Wakalah: dual-agency, the customer appoints the Bank as agent to buy the commodity from the Bank and then sell it to another Commodity Supplier. Wa'd: the customer executes a Purchase Undertaking to buy a specific Shariah-compliant commodity (crude palm oil, rubber or any other commodity) at the Bank's Sale Price. No bai' al-inah is named anywhere in the October 2023 PDS.

Approved by Shariah Committee of Affin Islamic Bank Berhad, under the supervision of Bank Negara Malaysia.

What it costs

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

Annual fee

RM 500Waived for first year; subsequent years waived on accumulated minimum spending of RM100,000 per annum (retail + cash withdrawal, between issuance and renewal date) or twelve (12) months, whichever comes firstsource

Supplementary card

RM 400Subsequent-year annual fee, supplementary cardsource

Profit rate

15% a yearTiered EFFECTIVE profit rate on retail: Tier 1 - 15% p.a. if the cardmember has promptly settled the minimum payment due for twelve (12) consecutive months; Tier 2 - 17% p.a. for at least ten (10) months in a twelve (12)-month cycle; Tier 3 - 18% p.a. otherwise. Cash withdrawal 18% p.a. of the amount withdrawn until the date of full payment. Affin publishes these as EFFECTIVE rates; the PDS does not separately state a higher contractual ceiling rate, so the ceiling is recorded as null rather than assumed. 18% p.a. is the BNM Tier-III cap under BNM/RH/PD 028-141 para 19.1.source

Cash withdrawal

5% on the cash withdrawal amount subject to a minimum of RM20, whichever is higher

Late payment

RM 100Ta'widh (compensation): 1% of total outstanding balance up to a maximum of RM100

Foreign currency spend

1% on top of the exchange rate

Replacement card

RM 50

Before you apply

• Service tax of RM25 is charged per principal AND per supplementary card on the activation anniversary. Affin passes it on; it is not absorbed.
• Cash withdrawal carries a 5% fee (minimum RM20) AND profit at 18% p.a. from the transaction date, with no profit-free period.
• Minimum monthly payment is 5% of the current balance PLUS 100% of the service tax PLUS 100% of any instalment-plan instalments PLUS 100% of any past-due amount.

Can you get it?

Age

21 and over

Other conditions

The October 2023 PDS does not state a minimum income per card; the BNM floor of RM24,000 per annum applies (BNM/RH/PD 028-141 para 11.1). PDS states: 'if your annual income is RM36,000 or less, the facility limit approved shall be up to two (2) times of your monthly income.' CAUTION: the RM100,000 / RM48,000 / RM36,000 / RM24,000 figures in Affin's annual-fee table are ACCUMULATED MINIMUM SPENDING thresholds for the subsequent-year fee waiver, NOT income requirements - the PDS footnote reads '**Accumulated minimum spending per annum (between the Credit Card-i issuance and renewal date) is inclusive of retail and cash withdrawal transactions.' Aggregators frequently misreport these as income floors.

Where these figures come from

Last checked against Affin Islamic Bank Berhad’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 Shariah Concept applied for the above product is Tawarruq. Tawarruq consist of two sale and purchase contracts where the Customer purchase the Commodity from the Bank at a mark-up sale price (Bank's Sale Price) on a deferred payment basis and subsequently sells the Commodity to a Commodity Supplier for cash at the Bank's Purchase Price with the objective of obtaining cash. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.1”
• “Under this facility, the Bank will apply the dual-agency mechanism under the Wakalah concept. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.1”
• “The customer will execute the Purchase Undertaking based on Wa'd concept. Under the Purchase Undertaking, the Customer undertakes to purchase from the Bank a specific Shariah compliant commodity ("the Commodity" consists of crude palm oil (CPO), rubber or any other commodity) as advised by the Commodity Supplier at Bank's Sale Price - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.1”
• “However, if your annual income is RM36,000 or less, the facility limit approved shall be up to two (2) times of your monthly income. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.1”
• “Cash withdrawal fee: 5% on the cash withdrawal amount subject to a minimum of RM20, whichever is higher. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.5”
• “Compensation charges on late payment (Ta'widh): 1% of total outstanding balance up to a maximum of RM100 - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.5”
• “the exchange rate is determined by Mastercard International at the date it is processed by Mastercard International plus 1% foreign exchange spread (previously known as administration cost). - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.5”
• “Service Tax: RM25 for each Principal and Supplementary Credit Card-i. Note: Service Tax will be imposed on the Credit Card-i activation date and every subsequent Credit Card-i anniversary of the card's activation date. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.5”
• “For retail transactions - twenty (20) days from the statement date, if you pay the balance in full and on time. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.3”
• “**Accumulated minimum spending per annum (between the Credit Card-i issuance and renewal date) is inclusive of retail and cash withdrawal transactions. - AFFIN ISLAMIC Credit Card-i PDS, October 2023, p.4”

• Schedule of charges
• Terms and conditions