Platinum-i Credit Card

What makes this card Islamic

CIMB Islamic 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.

Commodity Murabahah (Tawarruq). The Bank purchases Commodity to the value of the approved credit limit plus 50% of that limit (the Bank's Purchase Price), sells the Commodity to the applicant at the Bank's Sale Price, then as the applicant's agent sells the Commodity to a third party on spot at a price equal to the Bank's Purchase Price. MIGRATION — DATED AND CONFIRMED: this card ran on UJRAH until 31 December 2025 and converted to TAWARRUQ effective 1 JANUARY 2026. CIMB's Important Notice dated 21 November 2025 states the conversion; an Update to that notice is dated 31 December 2025; CIMB's own FAQ states the transition 'is being closely guided and monitored by Bank Negara Malaysia (BNM)' and confirms it covers ALL four CIMB Islamic Credit Card-i products. No action was required of cardholders — continued use is deemed agreement, including appointment of the Bank as agent for the commodity trading arrangement. No evidence of Bai' al-Inah was found for CIMB Islamic.

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

What it costs

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

Annual fee

No annual feeWaived outright; no spend condition stated.source

Supplementary card

RM 0Supplementary Card - Waived.source

Profit rate

15% a yearCEILING PROFIT RATE = 18% p.a. over a 5-year tenure. The PDS states: Total Profit = Bank's Purchase Price x Ceiling Profit Rate (18%) x Tenure (5 years), where Bank's Purchase Price = Approved Credit Limit + Temporary Credit Limit Increase (50% of Approved Credit Limit). EFFECTIVE PROFIT RATE on retail transactions is tiered: 15% p.a. for cardholders with prompt payments for 12 consecutive months; 17% p.a. for cardholders with prompt payment for 10 months or more in the last 12 months; 18% p.a. for cardholders who do not fall under the above categories. Cash advances are 18% p.a. calculated on a daily rest basis from the date the cash is disbursed. Ibra' (rebate) is 'the difference between Total Profit calculated at Ceiling Profit Rate and total sum of profit charge over the Tenure calculated at Effective Profit Rate'. The value recorded here is the BEST-CASE effective rate (15%); the worst case is 18%. CIMB does not publish a monthly profit rate.source

Cash withdrawal

'The Cash Advance Fee will be waived until further notice.' A separate PLUS / CIRRUS ATM Withdrawal / Account Enquiry fee of RM2 each applies.

Late payment

RM 10Ta'widh (compensation): calculated on actual cost up to 1% on the unpaid balance arising from retail transactions, cash advance and any bank programmes, subject to a minimum of RM10 and a maximum of RM100.

Foreign currency spend

1% on top of the exchange rate

Replacement card

RM 10

What you get back

• Earn 1 Bonus Point for every RM1 you spend and redeem gifts from the CIMB member rewards catalogue
• Earn 5X Bonus Points when you perform Zakat or Charity payment from 1 March 2026 until 28 February 2027 (the additional 4X is fulfilled quarterly)

Other benefits

• 5X Bonus Points on Zakat or Charity payments (campaign period 1 March 2026 to 28 February 2027)
• Bonus Points redeemable for selected flights, hotel stays and more, or usable as Pay with Bonus Points
• CIMB 0% Easy Pay instalment plan for up to 36 months at participating merchant outlets
• No annual fee on principal or supplementary cards
• 20 calendar day grace period on new retail transactions when the balance is paid in full and on time
• Cash advance fee waived until further notice

Before you apply

• Government service tax of RM25 is imposed on each new principal AND each supplementary card upon activation and on annual renewal — CIMB passes it on, it is not absorbed.
• The 5X Bonus Points on zakat/charity is a time-limited campaign (1 March 2026 to 28 February 2027), not a permanent card feature.
• The tiered effective profit rate moves from 15% to 17% or 18% p.a. if prompt payments fall below 10 in any rolling 12 months.
• Applicants aged 21+ who cannot prove annual income must pledge a Fixed Deposit-i equal to the full credit limit for as long as the card is held.
• Overseas transactions carry a 1% administrative cost on top of the Visa/Mastercard conversion rate, plus any transaction fee charged by the network.
• Card replacement costs RM50 from the second replacement onwards.
• Paper statements cost RM2 per month.

Can you get it?

Age

21 and over

Other conditions

Bank states an ANNUAL income figure, not a monthly one: 'Minimum Annual Income: RM24,000 per annum' — exactly Bank Negara Malaysia's national floor for credit card eligibility. The PDS adds: 'If you are at least 21 years old but are unable to prove your annual income, you will need to place a deposit in Fixed Deposit-i (FD-i) with CIMB Islamic Bank of an amount equal to the credit limit granted to you.' No maximum age is published.

Where these figures come from

Last checked against CIMB Islamic’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.

• “This is a Shariah-compliant Credit Card issued by CIMB Islamic Bank Berhad ("the Bank") and is based on the concept of Commodity Murabahah (Tawarruq). — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.1”
• “Total Profit = Bank's Purchase Price X Ceiling Profit Rate (18%) X Tenure (5 years) — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.2”
• “Effective Profit Rate: Retail Transactions 15% Cardholders with prompt payments for 12 consecutive months; 17% Cardholders with prompt payment for 10 months or more in the last 12 months; 18% Cardholders who do not fall under the above categories. Cash Advances 18% Calculated on a daily rest basis from the date the cash is disbursed until the date of full payment. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.2”
• “Rebate is the difference between Total Profit calculated at Ceiling Profit Rate and total sum of profit charge over the Tenure calculated at Effective Profit Rate. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Annual Fee (RM): CIMB Platinum-i Credit Card — Principal Card WAIVED, Supplementary Card WAIVED — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Service Tax: RM25 will be imposed on each new principal and supplementary credit card upon activation and annual renewal of the principal and supplementary credit card. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Card Replacement Fee: RM10 for first replacement & RM50 for every subsequent replacement — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Conversion for Overseas Transaction: The conversion rate as determined by Mastercard International or VISA International plus an administrative cost of 1% plus any transaction fee charged by Mastercard or VISA. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Ta'widh (compensation): Calculated based on the actual cost up to 1% on the unpaid balance arising from retail transactions, cash advance and any programmes/arrangements operated by the Bank, subject to a minimum of RM10 and a maximum of RM100. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.5”
• “The Cash Advance Fee will be waived until further notice. — CIMB Islamic Bank Credit Card Product Disclosure Sheet, 1 January 2026, s.4”
• “Minimum Annual Income: RM24,000 per annum — CIMB Platinum-i Credit Card product page, Eligibility & Requirements”
• “Earn 1 Bonus Point for every RM1 you spend and redeem gifts from our member rewards catalogue. — CIMB Platinum-i Credit Card product page”
• “Earn 5X Bonus Points when you perform Zakat or Charity payment from 1 March 2026 until 28 February 2027. — CIMB Platinum-i Credit Card product page”
• “Shariah concept for all CIMB Islamic Credit Card-i, including its related services which are currently under the Ujrah concept will be converted to the Tawarruq concept, effective 1 January 2026 ("the Conversion"). — Conversion of Shariah Concept FAQ, Q1”
• “Yes. All CIMB Islamic Credit Card-i will be covered under this conversion: CIMB PETRONAS Visa Platinum-i; CIMB PETRONAS Visa Infinite-i; CIMB Platinum-i Mastercard; CIMB Preferred Visa Infinite-i — Conversion of Shariah Concept FAQ, Q3”
• “This transition is being closely guided and monitored by Bank Negara Malaysia (BNM) to safeguard the interests of all customers and ensure a smooth process. — Conversion of Shariah Concept FAQ, Q1”

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