AlFursan Signature Credit Card

What makes this card Islamic

Alinma 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.

Alinma's installment service terms name this card's contract. They describe Alinma credit cards as either Murabaha cards, which let you carry a balance from month to month, or charge cards, which you clear in full each month. This card is a Murabaha card. The bank earns its profit under an instalment sale contract for its credit card customers. Neither the product page nor the fee schedule mentions this.

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

What it costs

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

Annual fee

SAR 250No AlFursan-specific fee is published. SAR 250 is the Signature tier fee in Alinma's single Credit Cards Charges and Fees schedule, which does not distinguish AlFursan cards — treat it as the tier fee, not an AlFursan-specific confirmation.source

Supplementary card

SAR 250Additional card issuance/renewal SAR 250 at the Signature tier.source

Profit rate

Not publishedTwo Alinma primary sources disagree and neither is treated as overriding the other. The bank's 'Credit Cards Charges and Fees' PDF states a monthly profit rate 'From 1.9% to 2.5% (as stated in contract)' and an APR table of 22.8% (Platinum, SAR 10,000 default limit, 40 months to settle) and 22.87% (Signature, SAR 20,000 limit, 96 months). The live product pages state 'Finance Yearly Profit Rate: Starting from 34%' and 'Monthly finance profit rate: From 1.9% to 3% (as per the signed contract)'. The monthly rate is a contract-specific range in both sources, so no single monthly figure is recorded. FIELD-SEMANTICS NOTE: the 22.8%/22.87% figures are headed 'Annual Percentage Rate (APR)' in Alinma's fee schedule and are recorded in apr_pct. Alinma's product-page 'Finance Yearly Profit Rate: Starting from 34%' is a stated floor that reconciles with neither end of its own 1.9%-3% monthly range, so it is NOT recorded as an annual profit margin; profit_rate_annual_pct is null rather than derived. RE-VERIFIED 2026-09-21 (DQ-7): both documents re-read live, unchanged -- the fee PDF still states the same 1.9%-2.5%/22.8%/22.87% figures verbatim and the product page still states 'Starting from 34%'/'1.9% to 3%' verbatim. One cross-check worth recording: compound-annualising the fee PDF's own monthly ceiling, (1.025)^12-1, gives 34.49%, which is close to the product page's 34% floor -- so '34%' most plausibly a compounded annualisation of the FEE PDF's 2.5% monthly ceiling, not of the product page's own stated 3% monthly ceiling (which would compound to 42.6%). That is a plausible mechanism, not a resolution: it does not make the product page's 1.9%-3% monthly range consistent with its own 34% APR floor, so both sources stay recorded, unpicked.

APR, as the bank publishes it

22.87%An APR absorbs the annual fee and other charges as well as the profit rate, so it is higher than the profit rate above. It is the closest thing to a like-for-like cost comparison.source

Cash withdrawal

SAR 75 per ATM cash withdrawal transaction (flat, per the published Charges and Fees schedule). Cash withdrawal is limited to 30% of the credit limit.

Late payment

Not published

Foreign currency spend

2.7% on top of the exchange rate

Replacement card

SAR 15

What you get back

• Earn 1 AlFursan Mile for every SAR 1.5 spent on international purchases
• Earn 1 Mile for every SAR 3 spent on local purchases (from 1 March 2025)
• 25,000 welcome Miles on activation and minimum SAR 1,000 spend within 90 days
• 5,500 additional Miles monthly, up to 66,000 Miles annually
• 5,500 additional Miles annually

Other benefits

• Exclusive AlFursan lounge access
• Free worldwide access to over 25 VIP airport lounges via the Visa Airport Companion app

Before you apply

• Alinma publishes one fee schedule covering all its credit cards; no AlFursan-specific annual fee is disclosed, so the tier fee is used.
• Monthly bonus Miles reset each month, so any month below the spend target forfeits that month's bonus.
• The local earn rate was cut effective 1 March 2025 — check the current rate before applying.
• Alinma's own fee PDF and product pages state different APRs (22.8%-22.87% vs 'starting from 34%') and different card replacement fees (SAR 50 vs SAR 15).

Can you get it?

Other conditions

Applied for in the alinma app; the application asks for monthly income and expenses and a salary certificate, and the credit limit is set from salary information. No published minimum salary figure.

What to have ready

• Salary certificate

Where these figures come from

Last checked against Alinma 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.

• “Monthly Profit Rate — From 1.9% to 2.5% (as stated in contract) — Alinma Credit Cards Charges and Fees PDF”
• “Minimum Payment — 5% of the payable amount shown in the account statement or SAR 100, whichever is higher — Alinma Credit Cards Charges and Fees PDF”
• “Cash Withdrawal from ATMs/per transaction — 75 SAR — Alinma Credit Cards Charges and Fees PDF”
• “International Transactions Fees / per transaction — 2.7 % — Alinma Credit Cards Charges and Fees PDF”
• “Card Replacement — 50 — Alinma Credit Cards Charges and Fees PDF”
• “Invalid Objection — 50 SAR — Alinma Credit Cards Charges and Fees PDF”
• “Arbitration of Disputed Transaction — SAR 1,875 (USD 500) — Alinma Credit Cards Charges and Fees PDF”
• “Annual Percentage Rate (APR) according to the Credit Limit of the Card: Default Credit Limit SAR 10,000 Platinum — 22.8% — 40 months until settlement; SAR 20,000 Signature — 22.87% — 96 months — Alinma Credit Cards Charges and Fees PDF”
• “Earn 1 Mile for every 1.5 Ʀ spent on international purchases with the alinma AlFursan Signature Credit Card. — AlFursan Signature Credit Card product page”
• “Earn 1 Mile for every 3 Ʀ spent on local purchases with the alinma AlFursan Signature Credit Card (starting from 1 March,2025). — AlFursan Signature Credit Card product page”
• “Enjoy 25,000 Miles as a welcome bonus.* — AlFursan Signature Credit Card product page”
• “Earn 5,500 additional Miles monthly, totaling up to 66,000 Miles annually. — AlFursan Signature Credit Card product page”
• “Fully Sharia-compliant. — AlFursan Signature Credit Card product page”
• “Eligibility: alinma credit cardholders (Murabaha / charge cards ) can benefit from the installment service, while other bank cards are not eligible for this service. - Alinma installment service terms and conditions for revolving and charge cards transactions, Eligibility”

• Product page
• Schedule of charges