Tamkeen Plus Signature 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.' Bank also states 'Tamkeen Plus is a high limit sharia compliant credit card allows for flexible repayment. The Card has a profit rate of 1.8% per month.'

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 345Promotional: 1-31 July 2026, issuance fee refunded (excluding VAT) plus SAR 200 extra cashback on minimum SAR 5,000 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

• 75,000 welcome points, credited on linking the new card to the Mukafaat Albilad Program
• No purchase transactions required to earn the welcome points; once per customer across all card types

Other benefits

• Airport VIP lounge access at over 1,200 lounges globally via Visa Airport Companion
• SmartDelay lounge access on flight delays (1,300+ lounges, 500+ airports, 100+ countries)
• Multi-trip travel insurance covering the cardholder and family over a 90-day period
• Emergency assistance: loss/theft reporting, emergency card replacement, emergency cash, emergency payment authorisation
• Visa Luxury Hotel Collection (VLHC)
• Extended warranty up to 1 year beyond the manufacturer's warranty
• DragonPass 'Dine and Fly' airport dining programme
• Card can be issued to customers without salary transfer

Before you apply

• No published APR for the Tamkeen Plus range.
• SAR 345 annual fee is three times the Classic/Platinum tier for benefits that overlap heavily with Platinum.

Can you get it?

Minimum income

SAR 3,000 a monthsource

Other conditions

Minimum monthly salary starting from SAR 3,000. 'The card can be issued to customers other than salary transfers.'

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.

• “Tamkeen Plus is a high limit sharia compliant credit card allows for flexible repayment. The Card has a profit rate of 1.8% per month. - Tamkeen Plus Signature FAQ”
• “Welcome Points | points | Signature | 75,000 - Tamkeen Plus Signature FAQ”
• “Issuance/Annual fees for the Main (Primary) Card 345 | Annual fee for Supplementary Card 0 | Reissuance fees 17.25 - Tamkeen Plus Signature fee table”
• “Newly issued cards offer: Effective July 1 to July 31, 2026, Get the issuance fee returned excluding VAT and earn an additional cashback of SAR 200 when you spend a minimum of 5,000 using your card within 90 days from the issuance date. - Tamkeen Plus Signature features”

• Product page
• Schedule of charges