Faysal Islami Noor Gold Card

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 executed through a Musawamah contract on Islamic Mutual Fund units, identical in structure to the rest of the Noor range. True revolving credit card, not a charge card — a minimum monthly payment is permitted and Accrued Profit is then demanded under the Musawamah agreement.

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 11,000Annual fee is reversed if Rs. 30,000 is spent on the card within 60 days. Utility bill payments do not count.source

Supplementary card

Rs 2,000Reversed on spend of Rs. 15,000 within 60 days.source

Profit rate

43% a yearSalaried Approved 43%, Salaried Unapproved 44%, Self Employed 45%. Retail and cash advance both stated as 'Minimum 43% per annum on outstanding balance'. Profit-free period up to 50 days if the full statement balance is paid by the due date. Monthly rate not published for the Noor Card range.source

Cash withdrawal

Rs. 35 per off-net ATM transaction. Cash withdrawal limit for Gold: Rs. 25,000 or 10% of the card limit, whichever is lower. Product page claims no upfront fee and no daily profit; the KFS states minimum 43% p.a. profit on cash advance — conflict unresolved.

Late payment

Rs 2,500Levied as a 'Musawamah Payment', Rs. 2,500 per instance, at the bank's sole discretion. The Jan-Jun 2026 Schedule of Charges shows Rs. 2,250; the current Jul-Dec 2026 KFS shows Rs. 2,500.

Foreign currency spend

4.5% on top of the exchange rate

Replacement card

Rs 1,500

Takaful cover

Noor Takaful at 0.69% of monthly outstanding balance, underwritten by EFU Life-WTO.

What you get back

• Earn 1 reward point on every local spend of Rs. 100
• Earn 3x Reward Points on selected Charitable and Social Service organizations
• Reward points validity is 12 months

Other benefits

• Majestic Airport lounge access at Karachi Airport for international travel, on presentation of the Noor Gold Card
• Exclusive discounts of up to 50% at partner merchants
• Installment plans via Faysal DigiMall with no early settlement charges
• Up to 5 supplementary cards
• Non-Shariah-compliant Merchant Category Codes blocked by the bank

Before you apply

• Lounge access at this tier is Karachi only — Lahore and Islamabad CIP lounge access starts at Platinum.
• 43-45% APR; profit-free period only if the full balance is cleared.
• Rs. 1,500/year chip maintenance fee on the primary card, on top of the annual fee.
• 4.5% on all international and DCC transactions.

Can you get it?

Other conditions

Available to salaried and self-employed applicants (the KFS prices a distinct Self Employed APR of 45%). No published minimum income. Maximum card limit Rs. 7,000,000. Card expiry 3 years. Upgrade to Gold costs Rs. 4,500.

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.

• “Card Type ... Gold* ... Annual Fee Rs. 11,000/- ... Rs. 30,000/- ... Rs. 900/- — Noor Card Key Facts Statement Jul-Dec 2026, s.2.1”
• “Supplementary Cards: Gold* Annual Fee Rs. 2,000/- ... Rs. 15,000/- — Noor Card KFS Jul-Dec 2026, s.2.1”
• “Majestic Airport lounge access at Karachi Airport for International travelling by presenting your Noor Gold Card — Faysal Islami Noor Gold Card product page”
• “Card Conversion/Upgrade — Gold : Rs. 4,500/- — Noor Card KFS Jul-Dec 2026, s.2.11”
• “Faysal Islami Noor Gold Card that matches your lifestyle while being dependable and convenient. — Faysal Islami Noor Gold Card product page”

• Product page
• Schedule of charges
• Terms and conditions