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Islamic Credit Cards

Saudi Arabia ยท 15 cards

Saudi Awwal Bank (SAB) Islamic credit cards

Every Shariah-compliant card Saudi Awwal Bank (SAB) currently offers, with the contract behind each one and the fee schedule it came from.

Islamic window4 with no annual feeTawarruq

Who Saudi Awwal Bank (SAB) are

An Islamic window: a Shariah-compliant division inside a conventional bank.

Formerly SABB (The Saudi British Bank); merged with Alawwal Bank and renamed Saudi Awwal Bank. No Alawwal-branded credit card survives in SAB's current fee schedule or on its card pages - the legacy Alawwal card range is fully retired, and no discontinued-card record could be evidenced from a primary SAB source, so none is asserted. SAB is the ONLY bank of these four whose credit card terms explicitly and repeatedly name TAWARRUQ as the contract, and it publishes a CHARITY CLAUSE: late payment penalties are paid to charity after deducting actual collection expenses. SAB also has an American Express relationship, but the Amex products located are business/corporate only (The SAB American Express Business Credit Card, SAB AMEX Corporate Payment Solutions) - no consumer Amex card was found. Paid-in capital SAR 20,547,945,220; commercial registration 1010025779; licensed under Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H. Card count of 15 includes the Household Salary Card, which is a PREPAID product filed under Cards > Prepaid Card, and the AQSAT Credit Card, a 0%-APR instalment card carved out of an existing credit limit. Excludes the three business/corporate cards in the same fee table (SAB Business Mastercard Credit Card SAR 200 / 3% / 49.05% APR; Business Charge Card SAR 199; Corporate Credit Card) and the two debit cards.

Legal name
Saudi Awwal Bank, a listed joint stock company incorporated in the Kingdom of Saudi Arabia
Founded
1978
Parent group
HSBC Group holds a significant minority stake; SAB is the former Saudi British Bank (SABB), which merged with Alawwal Bank in 2019 and was renamed Saudi Awwal Bank in 2023.
Head office
7383 King Fahad Branch Rd, 2338 Al Yasmeen District, 13325 Riyadh, Saudi Arabia (P.O. Box 9084, Riyadh 11413)
Regulator
Saudi Central Bank (SAMA)
Shariah board
SAB Shariah Committeesource
sab.com

All 15 Saudi Awwal Bank (SAB) Islamic credit cards

AQSAT Credit Card

Every purchase automatically split into 3 profit-free instalments

Annual fee
No annual fee
Profit rate
0% /mo
Minimum income
Not published
Structure
Tawarruq

Full breakdown

Household Salary Card

Prepaid salary card for domestic workers and household staff

Annual fee
SAR 90
Profit rate
Not published
Minimum income
Not published
Structure
Not stated

Full breakdown

SAB Advance Visa Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
No annual fee
Profit rate
3% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB ALFURSAN Black Card World Elite Mastercard Credit Card

SAUDIA AlFursan co-brand card; SAB does not publish the Miles earn rate on an English page located.

Annual fee
SAR 1,950
Profit rate
3% /mo
Minimum income
Not published
Structure
Tawarruq
Air miles

Full breakdown

SAB Emirates Infinite Visa Credit Card

Emirates Skywards co-brand card; SAB does not publish the Miles earn rate on an English page located.

Annual fee
SAR 750
Profit rate
3% /mo
Minimum income
Not published
Structure
Tawarruq
Air miles

Full breakdown

SAB noon VISA Credit Card

Up to 10% cashback paid as noon credits, plus SAR 250 instant noon credit on the first transaction

Annual fee
SAR 199
Profit rate
3.75% /mo
Minimum income
Not published
Structure
Tawarruq
Cashback

Full breakdown

SAB Platinum Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
SAR 400
Profit rate
3.25% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB Premier Mastercard Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
No annual fee
Profit rate
2.39% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB Signature Visa Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
SAR 475
Profit rate
3% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB Titanium Mastercard Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
SAR 225
Profit rate
3.25% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB Umlaty Multi Currency Card VISA

Hold and spend in up to 18 currencies with the exchange rate shown before you buy

Annual fee
SAR 75
Profit rate
Not published
Minimum income
Not published
Structure
Tawarruq

Full breakdown

SAB Visa "My Card" Credit Card

No rewards - the product page states customers cannot earn ICSAB+ points on My Card purchases.

Annual fee
SAR 50
Profit rate
Not published
Minimum income
Not published
Structure
Tawarruq

Full breakdown

SAB VISA Cashback Credit Card

1% unlimited domestic cashback, 2% unlimited international, up to 10% on three preferred categories

Annual fee
No annual fee
Profit rate
3.25% /mo
Minimum income
Not published
Structure
Tawarruq
Cashback

Full breakdown

SAB Visa Classic Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
SAR 225
Profit rate
3.25% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

SAB World Elite Exclusive Mastercard Credit Card

ICSAB+ Rewards Programme points on card spend; SAB does not publish a per-card earn rate on any English page located.

Annual fee
SAR 10,000
Profit rate
2.39% /mo
Minimum income
Not published
Structure
Tawarruq
Reward points

Full breakdown

Other Islamic card issuers in Saudi Arabia