Bedaya Platinum Credit Card

What makes this card Islamic

Qatar Islamic Bank builds this card on a Murabahah contract. The bank buys the thing you want, then sells it to you at a stated cost plus a stated profit, payable later.

QIB settles the outstanding card balance through an 'International Murabaha' on a commodity and metal portfolio held in common with partners; each Murabaha has a maturity of one month (QIB Cards T&C clauses 25-26). The charge is presented on product pages as a monthly 'Profit Rate' on the unpaid outstanding; QIB's Digital Credit Card page labels the identical 1% charge 'Murabaha Profit'.

Approved by Shari'a Supervisory Board, under the supervision of Qatar Central Bank (QCB).

What it costs

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

Annual fee

No annual feeIssuance free and annual fee free.source

Supplementary card

QAR 100Issuance / annual fee per supplementary cardsource

Profit rate

1% a month on the outstanding balance1% per month on the unpaid outstanding amount. Up to 45 days profit-free when the full balance is paid; minimum payment 5%.source

Cash withdrawal

Cash withdrawal 3%

Late payment

Not published

Replacement card

QAR 100

What you get back

Other benefits

• Profit-free period of up to 45 days
• Complimentary QIB MyBook subscription
• Full cash access up to 100% of the credit limit
• Purchase protection up to USD 2,000 per claim
• Airport lounge access via the Mastercard Airport Pass
• Up to 30% off Cleartrip bookings

Before you apply

• Restricted to Bedaya account holders aged 18-25; a student ID is required.
• QIB does not publish an Absher earn rate for this card.
• QIB's standard card fee table carries a 2% charity fee on late payment (verified on the Infinite, Visa Platinum, Gold, Ladies and Mastercard World pages); it was not separately confirmed on this card's page, so it is recorded as unverified here.
• Currency conversion reaches 3% for currencies outside USD, GCC, GBP and EUR.

Can you get it?

Age

18 and over

Other conditions

University students aged 18-25 holding a QIB Bedaya account.

What to have ready

• Student ID
• Valid Qatar ID
• Income / salary proof
• Passport (expats)

Where these figures come from

Last checked against Qatar Islamic 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.

• “Issuance: Free; Annual: Free - QIB Bedaya Platinum Credit Card, fees”
• “Supplementary cards: 100 QAR - QIB Bedaya Platinum Credit Card, fees”
• “Replacement: 100 QAR - QIB Bedaya Platinum Credit Card, fees”
• “Cash withdrawal: 3% - QIB Bedaya Platinum Credit Card, fees”
• “Monthly profit rate: 1% - QIB Bedaya Platinum Credit Card, fees”
• “Part payment plan: Pay 5% now and the remaining amount in the upcoming cycles at a minimal 1% monthly profit rate - QIB Bedaya Platinum Credit Card”
• “Empowering university students with global access, flexible payments, exclusive lifestyle and travel benefits - QIB Bedaya Platinum Credit Card”
• “Currency conversion fee - USD and GCC | 2%; GBP and EUR | 2.5%; Other currencies | 3% - QIB card Fees and Charges table”
• “25. INTERNATIONAL MURABAHA: Is the Murabaha Transaction executed by the Bank for the outstanding credit Card amount, whereas the customer has expressed his desire to purchase the share of the Bank in the commodities and metal portfolio, owned commonly between the Bank and other partners (the "Partners") and which are divided into commodity shares. - QIB Cards Terms & Conditions, clause 25”
• “26. Each Murabaha has a maturity of one month. The last payment date is the 5th of every month and the monthly Murabaha will be processed on the 6th or the next working day following this date. - QIB Cards Terms & Conditions, clause 26”

• Product page
• Terms and conditions