Skip to content
Islamic Credit Cards
Countries:United Arab Emirates101Malaysia88Saudi Arabia111Pakistan8Indonesia10Qatar38All countries

Al Rajhi Bank · Fully Islamic bank

Platinum Cashback Plus Card

MurabahahPlatinum
Annual fee
SAR 250
Profit rate
Not published
Minimum income
Not published
Rewards
Cashback

Read it from the source

What makes this card Islamic

Al Rajhi 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.

Governed by Al Rajhi's 'Credit Cards and Cashback Plus Terms and Conditions' — Shari'a compliant Murabaha finance deposited into a segregated card account, with a discretionary rebate of part of the monthly Murabaha profit on repayment.

How Murabahah worksIs a credit card halal?

Approved by Al Rajhi Bank Shariah Board, under the supervision of Saudi Central Bank (SAMA).

What it costs

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

Annual fee
SAR 250'Platinum Cashback Plus 250' in the Cashback Plus T&C schedule of charges. Excludes VAT.source
Supplementary card
SAR 50Free for the first 2 cards, SAR 50 from the 3rd card onwards, per the Cashback Plus T&C schedule.source
Profit rate
Not publishedThe Cashback Plus T&C schedule states '2.2% for the new card' as the monthly profit rate across the cards it covers, but no dedicated Platinum Cashback Plus product page could be reached to confirm the current rate for this specific card, and the sister Signature Cashback Plus page states 2.5%. Left null rather than assumed.
Cash withdrawal
3% for transactions below SAR 2,500, maximum SAR 75 for transactions of SAR 2,500 or more (Cashback Plus T&C schedule).
Late payment
Not published
Foreign currency spend
2% on top of the exchange rate
Replacement card
SAR 15

Before you apply

  • No dedicated product page for this card could be reached; only its fee line in the Cashback Plus terms and conditions is confirmed. Cashback rates and caps are unverified.

Where these figures come from

Last checked against Al Rajhi 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 fee/ Annual Primary card fee — Platinum 490 Signature 790 Platinum Cashback Plus 250 — Credit Cards and Cashback Plus Terms and Conditions, Schedule of charges”
  • “The bank shall give the cardholder a Shari'a compliant "Murabaha Finance" and deposit the funds in an account specified for the card. — Credit Cards and Cashback Plus Terms and Conditions, clause 1.1”

What we could not verify

Al Rajhi Bank does not publish network, monthly profit rate, annual profit rate, late payment fee, over-limit fee, minimum income, minimum age, maximum age, eligibility conditions, documents required, reward headline, reward detail, reward caps, key benefits, apply, product page, takaful cover, apr 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.

Compare with other Saudi Islamic cards

Alinma Bank

AlFursan Platinum Credit Card

Up to 24,500 Miles as welcome, monthly and annual bonuses

Annual fee
SAR 100
Profit rate
Not published
Minimum income
Not published
Structure
Murabahah
Air miles

Full breakdown

Alinma Bank

Platinum Credit Card

6 akthr points per SAR 1 international, 4 per SAR 1 local

Annual fee
SAR 100
Profit rate
Not published
Minimum income
Not published
Structure
Murabahah
Reward points

Full breakdown

Alinma Bank

Platinum Credit Card (Charge Card)

akthr loyalty points on every purchase

Annual fee
Not published
Profit rate
Not published
Minimum income
Not published
Structure
Qard Hasan
Reward points

Full breakdown