MasterCard World Credit Card

What makes this card Islamic

Arab National 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.

anb's own credit card documents name TAWARRUQ. The Generic Credit Card Terms and Conditions carry a Power of Attorney clause in which the cardholder irrevocably assigns anb's Islamic Banking Operation as agent to purchase commodities and sell them whenever there is an outstanding balance on the card at the payment due date. The fee table row is labelled "Tawarouq Rate" and the APR footnote refers to "a monthly Tawarouq rate". The bank's July 2025 customer notice states "The terms and conditions have also been updated along with the monthly tawaruq profit for all anb credit cards starting from August 17, 2025."

Approved by Anb Shariah Board (endorses all products developed by the Islamic Banking Division), under the supervision of Saudi Central Bank (SAMA).

What it costs

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

Annual fee

SAR 700Free for as long as the account maintains Platinum classification; if the classification changes, annual fees are applied.source

Supplementary card

SAR 0Free for up to 5 cards, then 50% of the primary card fee for each additional card.source

Profit rate

Not publishedanb does NOT publish a single monthly profit rate per card. The monthly Tawarruq profit margin is set by customer risk grade: Risk Grade 1 = 2.49%, Grade 2 = 2.79%, Grade 3 = 2.99%, Grade 4 = 3.25%, effective 17 August 2025 (previously 2.20% / 2.49% / 2.79% / 2.99%). The tariff row simply reads "Tawarouq Profit - Varies based in customer risk assessment". IMPORTANT: the per-card APR figures anb publishes are footnoted "The example on APR Based on limit of SAR 10,000 and a monthly Tawarouq rate of 2.20%" - i.e. they are computed on the OLD Risk-Grade-1 rate that the same bank's July 2025 notice says was replaced on 17 August 2025. The APRs are recorded as published; a Grade-1 customer today would pay 2.49% a month, so the real APR is higher than the published figure for every grade.

APR, as the bank publishes it

43.03%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

Not exceeding 3% of the transaction amount with a maximum of SAR 75, applied to ATM withdrawal and to cash transfer to a current account alike. Adding money to e-wallets is free. Cash advance limit is 30% of the credit limit, with a maximum single transaction of SAR 5,000.

Late payment

SAR 50

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

Other benefits

• Complimentary airport lounge access worldwide
• Free supplementary cards
• Cashback at Booking.com; Fiit home gym membership
• 50% discount on Shahid monthly VIP subscription; 50% off Go Gamers premium membership
• Complimentary airport transfers with Careem; complimentary data roaming with Flexiroom
• Travel inconvenience and travel medical insurance
• Complimentary access to Global Blue City VIP Lounges for VAT refunds
• GHA DISCOVERY Titanium membership upgrade

Before you apply

• All anb fees are subject to 15% VAT, added on top of the published figures.
• CHARITY CLAUSE PRESENT. anb Generic Credit Card Terms and Conditions, footnote *4: "Late Fine: The delay fine shall be paid under the supervision of the Bank's Sharia Committee in the aspects of charity approved by the Committee." The SAR 50 late payment fee is therefore donated to charity, not booked as bank income.
• anb gives a grace period of no less than 25 days from the statement date before the due date, matching the SAMA minimum. Statement date is the 5th of each month and the payment due date is the 2nd of each month.
• Minimum payment is 5% of the total due amount or SAR 200, whichever is higher.
• Cash advance is limited to 30% of the credit limit and a single transaction may not exceed SAR 5,000.
• Card delivery fee SAR 50; balance inquiry at an ATM SAR 1.5; wrong dispute SAR 25.
• If the amount due is unpaid for 90 consecutive days the card is permanently cancelled without reference to the customer and SIMAH is notified.

Can you get it?

Other conditions

No minimum salary, minimum age or maximum age is published on any anb English page or PDF located. Annual fees are waived for Platinum-segment customers for as long as the account keeps its Platinum classification, and Gold-segment customers pay a reduced fee on the Visa Infinite (SAR 425).

Where these figures come from

Last checked against Arab National 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.

• “I hereby irrevocably assign Islamic banking Operation as my agency for purchasing commodities and selling them, and give them the right to appoint other parties for the same in the event that there is an outstanding balance against my Credit Card on the payment due date of every month as per the bank's records. - anb Generic Credit Card Terms and Conditions, Power of Attorney”
• “*4 Late Fine: The delay fine shall be paid under the supervision of the Bank's Sharia Committee in the aspects of charity approved by the Committee. - anb Generic Credit Card Terms and Conditions”
• “The bank gives the cardholder a grace period of no less than 25 days before the due date and from the date of the monthly statement to pay the due amount.”
• “*3 The example on APR Based on limit of SAR 10,000 and a monthly Tawarouq rate of 2.20%”
• “Tawarouq Profit - Varies based in customer risk assessment - anb Products and Services Tariff (Retail Banking), valid from 18 February 2026”
• “Minimum Payment 5% of total due amount or SR 200, whichever is higher.”
• “Cash Advance Limit 30% of Credit Limit (maximum single transaction value should not exceed SAR 5,000).”
• “*Late Payment Fee: 100 before the update, 50 after the update - anb Latest updates on Credit card fees, effective 19 July 2025”
• “*Card Replacement Fee: 100 before the update, 15 after the update”
• “*International Transaction Fee: 2.75% per transaction before the update, 2% per transaction after the update”

• Product page
• Schedule of charges
• Terms and conditions