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Islamic Credit Cards
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Faysal Bank · Fully Islamic bank

Faysal Islami Noor Flexi Card

Cash access up to 100% of the card limit, with discounts of up to 40%

TawarruqMastercardother
Annual fee
Rs 9,000
Profit rate
3.58%

a month on the outstanding balance

Minimum income
Not published
Rewards
None

Read it from the source

What makes this card Islamic

Faysal Bank 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.

Tawarruq via Musawamah, same underlying structure as the Noor Card range, but positioned as a cash-access card — the bank's strapline is 'Card in hand, is Cash in hand.' Its distinguishing feature is a cash withdrawal limit of 100% of the assigned card limit, versus 10% (capped) on the standard Noor tiers. Unlike the standard Noor range it carries a separate, non-reversible processing fee and publishes an explicit MONTHLY profit rate.

How Tawarruq worksIs a credit card halal?

Approved by Faysal Bank Limited Shariah Board, under the supervision of State Bank of Pakistan.

What it costs

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

Annual fee
Rs 9,000Charged after activation, in the first statement generated after activation. Unlike the standard Noor tiers, the KFS states NO spend-based reversal for the Flexi annual fee.source
Supplementary card
Rs 3,500Per card, charged in the statement generated after activation of the supplementary card.source
Profit rate
3.58% a month on the outstanding balance43% a year as stated by the banksource
Cash withdrawal
Rs. 35 per off-net ATM transaction. Cash withdrawal limit is 100% of the assigned card limit — the entire point of this card.
Late payment
Rs 2,250'Musawamah Payment' of Rs. 2,250 per instance per the Jan-Jun 2026 Schedule of Charges section 12 (Noor Flexi Card). The Flexi KFS does not restate the amount, so the SOC figure is used.
Foreign currency spend
4.5% on top of the exchange rate
Replacement card
Rs 1,250
Takaful cover
Noor Takaful at 0.69% of monthly outstanding balance.

What you get back

  • Discounts of up to 40% across dining establishments and other merchants in Pakistan

Other benefits

  • Cash withdrawal limit of 100% of the assigned card limit
  • No upfront fee on cash withdrawal (per the product page)
  • Free SMS alerts on all retail and digital transactions
  • Up to 5 supplementary cards for family aged 14 and above
  • Mastercard Contactless, Chip & PIN and 3D Secure

Before you apply

  • A NON-REVERSIBLE processing fee of Rs. 5,000 is charged on issuance, on top of the Rs. 9,000 annual fee. No other Faysal Noor card charges this.
  • The KFS states no spend-based reversal of the Flexi annual fee, unlike every other Noor tier.
  • The product page says 'NO upfront fee and NO daily profit' on cash withdrawal, but the KFS profit table prices Cash Withdrawals at 43-45% per annum / 3.58-3.75% per month. Treat cash withdrawals as profit-bearing.
  • No reward points programme is described for this card.
  • Only two billing cycle dates are available.

Can you get it?

Other conditions
No published minimum income. Maximum card limit up to Rs. 7,000,000. Card expiry 3 years. Billing cycle options are the 1st and 15th only (the standard Noor range offers six dates). Payment due 19 calendar days after statement generation. A limit enhancement costs Rs. 3,000 per instance.

Where these figures come from

Last checked against Faysal Bank’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.

  • “2.1: Processing fee — Processing fees of PKR 5,000 will be charged upon issuance of the Noor Flexi Card and the same is not reversible. — Noor Flexi Key Facts Statement Jul-Dec 2026”
  • “2.2: Annual fee — Annual Fee of PKR 9,000 will be charged after the activation of Islami Noor Flexi Card. — Noor Flexi KFS Jul-Dec 2026”
  • “2.3: Supplementary Card Annual Fee — Supplementary Card fee of PKR 3,500 per card. — Noor Flexi KFS Jul-Dec 2026”
  • “2.4: Card Limits — Maximum Card Limit: Upto Rs. 7,000,000* Cash Withdrawal Limit: 100% of Assigned limit — Noor Flexi KFS Jul-Dec 2026”
  • “2.8: Profit Accrual Rates — Purchases / Cash Withdrawals — Monthly Rates 3.58%, 3.67%, 3.75% — Annual Rates 43%, 44%, 45% — Noor Flexi KFS Jul-Dec 2026”
  • “Now with your Faysal Islami Noor Flexi, you are never out of options. — Faysal Islami Noor Flexi Card product page”
  • “Cash Withdrawal: There is NO upfront fee and NO daily profit on cash withdrawal through Faysal Islami Noor Card. — Faysal Islami Noor Flexi Card product page”
  • “12. Noor Flexi Card — Annual Fee Primary Cards Rs. 9,000 / Supplementary Cards Rs. 3,500 / Processing Fee Rs. 5,000 (non reversible) / Musawamah Payment Rs. 2,250 per instance / Card Replacement Fee Rs. 1,250 per card / Limit Enhancement Fee Rs. 3,000 per instance — Faysal Bank Schedule of Charges Jan-Jun 2026, p.55”
  • “With Faysal Islami Noor Card, you can give up to 5 Supplementary Cards to your loved ones aged 14 years and above. — Faysal Islami Noor Flexi Card product page”

What we could not verify

Faysal Bank does not publish minimum income, minimum age, maximum age, over-limit fee, documents required, reward caps, shariah certificate for this card, so we have left those blank rather than guess. If you need one of them, ask the bank directly and hold them to the answer in writing.