Al-Hilal Mastercard World Credit Card

What makes this card Islamic

Riyad 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.

Riyad Bank's own Islamic card terms set out the contract in their Arabic version. If you do not clear your balance in full by the due date, commodities are bought on murabaha and sold for cash to settle what you owe, at a profit margin for one month. Buying on murabaha in order to sell for cash is a tawarruq. The bank calls it murabaha, and the English version of the same terms leaves this sentence out. The arrangement rests on the bank's Shariah Committee resolution for its Islamic credit card, signed 16 July 2007.

Approved by Riyad Bank Shari'a Committee (independent), under the supervision of Saudi Central Bank (SAMA).

What it costs

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

Annual fee

SAR 350VAT not included.source

Profit rate

40.72% a yearBank publishes a single "Annual profit margin" figure of 40.72% for this card and does not publish a monthly rate.source

Cash withdrawal

3% for transactions below SAR 2,500, with a maximum of SAR 75 for transactions equal to or above SAR 2,500.

Late payment

SAR 50

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

• Points of sale - local 1%
• Points of Sale - International 1.5%
• Online purchase 1.25%
• Purchases via e-gaming platforms 7.5%

Other benefits

• Up to 10% discount at the Al-Hilal Store
• Free t-shirt once per year and a welcome gift once per year
• Signed jersey once per year upon spending SAR 60,000 in 6 months
• 10% discount at Al-Hilal Academy (one time)
• 6 months Blu pro membership; 3 months Jahez Prime
• 20 complimentary visits to over 1,300 airport lounges via Mastercard Travel Pass
• Travel and Medical Insurance up to USD 500,000

Before you apply

• All published Riyad Bank card fees exclude VAT; 15% VAT is added on top.
• Riyad Bank may terminate or change the cashback programme at any time on 30 days' notice.
• Reactivation fee SAR 100.
• No monthly profit rate is published for the Al-Hilal cards - only the annual figure.

Can you get it?

Age

18 and over

Other conditions

The customer must be at least 18 years old (stated in the card's Terms & Conditions block). No minimum salary is published.

What to have ready

• Copy of valid Saudi national ID for Saudi nationals
• Copy of valid resident Identity card or Passport for non-Saudi nationals
• Salary certificate mentioning employment start date for salaried individuals

Where these figures come from

Last checked against Riyad 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.

• “Annual fees for credit card S..R 350 - Al-Hilal Mastercard World Credit Card, Fees (VAT is not included)”
• “Annual profit margin 40.72 % - Al-Hilal Mastercard World Credit Card”
• “Late Payment S..R 50”
• “Cash Withdrawal 3% for transactions below S..R 2,500, with a maximum limit of S..R 75 for transactions equal to or above S..R 2,500”
• “Replacement card fees S..R 15”
• “Minimum cap per transaction to be eligible for cashback is S..R 100”
• “The customer must be at least 18 years old.”
• “وفي حال عدم دفع العميل للرصيد المدين المستحق عليه كاملا خلال المدة المذكورة فسوف يقوم وكيله بإبلاغه بإجراء عملية شراء سلع بالمرابحة بغرض بيعها للحصول على السيولة النقدية اللازمة لسداد مستحقات البطاقة بهامش ربح لأجل مدته شهر واحد ويتم إجراء ذلك وفق قرار اللجنة الشرعية الخاصة ببطاقة الائتمان الإسلامية الموقع بتاريخ 16.7.2007 م. - Riyad Bank Islamic Al-Hilal credit card terms and conditions (Arabic), clause (h) Due Date”

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