BSN Islamic credit cards

Who BSN are

An Islamic window: a Shariah-compliant division inside a conventional bank.

BSN runs BOTH a conventional credit card range (bsn.com.my/PersonalBanking/Cards/) and a parallel Islamic 'Al-Aiman' Credit Card-i range (bsn.com.my/IslamicBanking/Cards-i/), which is why it is typed islamic-window rather than full-islamic. THE MIGRATION: BSN converted its entire Credit Card-i range from UJRAH to TAWARRUQ with effect from 26 JULY 2025, documented in its own 'FAQs for Conversion of BSN Islamic Credit Card Shariah Concept', version dated June 2025. The previous structure was Ujrah, NOT bai' al-inah, and the bank stopped offering Ujrah-based Credit Card-i on the effective date. Two consequences for research: (a) any source describing a BSN Credit Card-i as Ujrah-based is now out of date, including BSN's own still-published BSN-UUM FAQ PDF, which also quotes superseded travel cover of RM500,000/RM1,000,000 against the current RM100,000/RM300,000; (b) BSN's aqad now carries an explicit CONTRACTED CEILING profit rate of 18% p.a. over a five-year contract, with the cardholder actually paying a much lower ibra'-adjusted 'Actual Profit Charge' - 8.88% p.a. at best (TeachersCard and G-Card Tier I) up to 17.5% p.a. at worst. Rates are tiered by payment history AND, on the Classic/Gold/Platinum cards, by employment sector (government servants get 11% Tier I against 13.5% for private sector). Every card is free for life on both principal and supplementary. All seven cards were named in the conversion FAQ; there is no 'BSN Al-Aqar Card-i' and no 'BSN Prihatin Card-i' in the Islamic credit card range - Al-Aqar is a healthcare REIT, not a BSN card. BSN Visa Corporate Card-i exists but is a corporate product and is excluded from this consumer set.