Tamkeen Plus Platinum Credit Card

What makes this card Islamic

Bank Albilad 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.

'Tamkeen Plus credit card is based on murabaha financing where goods are purchased and sold with the customer's consent to issue the card.' Application flow requires buying the commodity, signing the commodity contract via Nafith, then selling the commodity.

Approved by Bank Albilad Shariah Committee, under the supervision of Saudi Central Bank (SAMA).

What it costs

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

Annual fee

SAR 115Promotional: 1-31 July 2026, issuance fee refunded (excluding VAT) plus SAR 150 extra cashback on minimum SAR 4,000 spend within 90 days of issuance.source

Supplementary card

SAR 0'Annual fee for Supplementary Card 0'.source

Profit rate

1.8% a month on the outstanding balanceBank states 1.8% per month; no APR published for Tamkeen Plus on the English product pages.source

Cash withdrawal

3% of the transaction amount plus VAT, up to a maximum of SAR 86.25. Cash withdrawal limit is 30% of the total card limit.

Late payment

Not published

Replacement card

SAR 17.25

What you get back

• 15,000 welcome points, credited on linking the new card to the Mukafaat Albilad Program
• Welcome points require no purchase transactions; the offer is available once per customer regardless of card type

Other benefits

• Airport VIP lounge access globally via the Visa Airport Companion application
• SmartDelay: complimentary access to one of over 1,300 airport lounges in more than 500 airports across 100+ countries when a flight is delayed
• Purchase protection plus medical and legal referral cover
• Repayment of 5% of the outstanding balance or SAR 200, whichever is higher, auto-deducted on the 25th
• No profit charged if the full amount due is paid on time

Before you apply

• No APR published, so the annualised cost of revolving is not disclosed.
• Welcome points are once per customer across the whole Tamkeen Plus range - upgrading later will not earn them again.

Can you get it?

Minimum income

SAR 3,000 a monthsource

Other conditions

Minimum monthly salary starting from SAR 3,000. Salary-transfer and non-salary-transfer customers both accepted.

What to have ready

• Salary certificate
• Salary transfer certificate (salary-transfer customers)
• GOSI letter
• Last 3-months bank statement (non-salary-transfer customers)
• Valid ID (branch applications)

Where these figures come from

Last checked against Bank Albilad’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.

• “Welcome Points | Platinum | 15,000 - Tamkeen Plus Platinum FAQ”
• “(Tamkeen Plus credit card offers you the one of the lowest profit rates at 1.8% per month as part of your monthly allowance on your card) however, when you pay the full amount due on time, there will be no profit on the card - Tamkeen Plus Platinum FAQ”
• “Issuance/Annual fees for the Main (Primary) Card 115 | Annual fee for Supplementary Card 0 - Tamkeen Plus Platinum fee table”
• “SmartDelay will provide you with complimentary access to one of over 1300+ airport lounges in more than 500 airports across 100+ countries in case of flight delay. - Tamkeen Plus Platinum features”

• Product page
• Schedule of charges