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Islamic Credit Cards

Oman · 4 cards

Meethaq Islamic Banking credit cards

Every Shariah-compliant card Meethaq Islamic Banking currently offers, with the contract behind each one and the fee schedule it came from.

Islamic windowQard Hasan + Ujrah

Who Meethaq Islamic Banking are

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

Islamic window of Bank Muscat, Oman's largest bank (Meethaq's customer service address is meethaq@bankmuscat.com). Meethaq's own structured-data description calls it 'the most popular and largest Islamic Banking window in Oman'. Its card structure is explicitly Qardh al Hasan for the credit limit plus a fixed Ujrah fee for services, with the Ujrah waiver stated as discretionary and non-negotiable. Range: VISA Gold, VISA Platinum, Hafawa VISA Signature and the co-branded MasterCard Lulu. Only Omani issuer with a supermarket co-brand. Grace period up to 52 days on all cards. Late-payment fee is 1% p.a. of the overdue amount, labelled 'Obligation to donate' in the tariff booklet and paid to charity per the Meethaq Shariah Supervisory Board. Founding year not published on the pages read; recorded as null rather than inferred.

Legal name
Meethaq Islamic Banking (Islamic window of Bank Muscat SAOG)
Parent group
Bank Muscat SAOG
Head office
Muscat, Oman
Regulator
Central Bank of Oman (CBO)
Shariah board
Meethaq Shariah Supervisory Board
meethaq.om

All 4 Meethaq Islamic Banking Islamic credit cards

Meethaq Hafawa Visa Signature Credit Card

Premium dining discount and rewards programme at 75+ premium restaurants, with reward points equal to the discount

Annual fee
OMR 100
Profit rate
0% /mo
Minimum income
OMR 1,000 a month
Structure
Qard Hasan + Ujrah
Reward points

Full breakdown

Meethaq Lulu Credit Card

2% reward points on Lulu Hypermarket spend in Oman, 0.5% on other local merchants

Annual fee
OMR 10
Profit rate
0% /mo
Minimum income
OMR 250 a month
Structure
Qard Hasan + Ujrah
Reward points

Full breakdown

Meethaq VISA Gold Credit Card

Annual fee
OMR 10
Profit rate
0% /mo
Minimum income
OMR 250 a month
Structure
Qard Hasan + Ujrah

Full breakdown

Meethaq VISA Platinum Credit Card

Annual fee
OMR 50
Profit rate
0% /mo
Minimum income
OMR 250 a month
Structure
Qard Hasan + Ujrah

Full breakdown

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