SAB Umlaty Multi Currency Card VISA

What makes this card Islamic

Saudi Awwal 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.

SAB's own Credit Card Application with Terms & Conditions names TAWARRUQ explicitly and repeatedly: if the cardholder settles only the minimum amount due, the Bank sells commodities it owns on a FUDOLY basis to the cardholder for the outstanding balance in one instalment for one month starting from the due date, and settles the card dues from the proceeds of selling those commodities on the customer's behalf. If the cardholder pays the full outstanding balance on or before the due date, no Tawarruq takes place. The Tawarruq transaction appears on the next statement and is deemed accepted if not objected to within 20 days. The document also gives a worked Tawarruq profit example.

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

What it costs

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

Annual fee

SAR 75SAR 75 excluding VAT per the Schedule of Bank Charges; the product page quotes SAR 86.25, which is the same figure with 15% VAT added. A separate one-off issuance fee of SAR 100 excluding VAT (SAR 115 including VAT) applies.source

Supplementary card

SAR 0SAB offers a free supplementary credit card for family members over the age of 15 (stated on the SAB Visa "My Card" page). No supplementary fee appears in the credit card fee table.source

Profit rate

Not publishedNo profit rate or APR is published for Umlaty. SAB's Schedule of Bank Charges classifies it as "Umlaty Card (Low Limit Credit Card)" but publishes only issuance, annual, replacement, dispute and cash-withdrawal fees for it.source

Cash withdrawal

3% for a transaction amount below SAR 2,500 with a maximum limit of SAR 75, applied to international, SAB-ATM local and non-SAB-ATM local withdrawals alike (product page quotes the VAT-inclusive equivalent, 3.45% up to SAR 86.25).

Late payment

Not published

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

• Wallets available in USD, EUR, GBP, AED, TRY, SAR, QAR, BHD, CHF, EGP, KWD, JOD, OMR, AUD, CAD, HKD, JPY and SGD
• Wallet includes 10 default currencies with up to 8 additional currencies addable

Other benefits

• Digital application through SAB Online or SAB Mobile with no branch visit
• Card delivered by courier within 5 working days
• Daily purchase limit SAR 200,000 equivalent; daily cash withdrawal limit SAR 5,000 equivalent
• Transfer between wallets and back to the current account
• Apple Pay and mada Pay compatible

Before you apply

• All SAB published card fees exclude VAT; 15% VAT is added on top. The APR figures are calculated by SAB on a utilised credit limit of SAR 10,000 and include VAT.
• CHARITY CLAUSE PRESENT. SAB Credit Card Terms & Conditions, clause 7: "If the customer does not pay the amount due to the Bank by the agreed due date, then the Bank will impose a penalty charge on the customer and the amount will be paid to charity after deducting the actual expenses of collection if any."
• The T&C "Major Provisions" index labels the payment-default row "grace period of 20 days", and the Tawarruq objection window is also 20 days. SAMA's consumer protection framework sets a minimum 25-day grace period; SAB's own document does not state 25 days anywhere located. Recorded as published - not asserted as a breach.
• Sending the card overseas costs SAR 100. Invalid dispute fee SAR 25.
• AQSAT installment plans carry a Tawarruq profit of SAR 49 (3 months), SAR 99 (6 months), SAR 199 (12 months) or 24% for 24 months (stated as a 12% annual rate), plus a SAR 50 processing fee.
• A 2.3% (VAT-inclusive) transaction exchange fee applies for currencies not held on the card.
• No late payment fee, profit rate or APR is published for this product.
• The product page quotes every fee INCLUDING 15% VAT while the Schedule of Bank Charges quotes them excluding VAT - the two do not disagree, but they are not directly comparable.

Can you get it?

Other conditions

No minimum salary, minimum age or maximum age is published for SAB's mainstream credit cards. The bank states a free supplementary SAB Credit Card can be issued to family members over the age of 15.

Where these figures come from

Last checked against Saudi Awwal 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.

• “Issuance fee SAR 115 * | Annual fee SAR 86.25* | Replacement fee SAR 17.25 | Chargeback fee SAR 28.75* | Cash Withdrawal Fee (International) 3.45% up to SAR 86.25* whichever is lower - SAB Umlaty product page”
• “Umlaty Card (Low Limit Credit Card) | Issuance Fee 100 | Annual Fee 75 | Replacement Fee 15 | Transaction dispute Fee 25 - SAB Schedule of Bank Charges”
• “Competitive exchange rates (1 USD = 3.749 SAR).”
• “Should the customer settle only the minimum of the total amount due on or before due date; the Bank shall carry out a Tawarruq transaction by selling certain commodities owned by the Bank on a FUDOLY basis to the Cardholder for the Outstanding balance by one instalment for one month starting as of the due date and to settle the Card dues from the proceeds of selling the said commodities on behalf of the customer. - SAB Credit Card Terms & Conditions, clause 6”
• “If the Cardholder pays the full outstanding balance on or before the due date, no Tawarruq shall take place. - SAB Credit Card Terms & Conditions”
• “If the customer does not pay the amount due to the Bank by the agreed due date, then the Bank will impose a penalty charge on the customer and the amount will be paid to charity after deducting the actual expenses of collection if any. - SAB Credit Card Terms & Conditions, clause 7”
• “Annual Percentage Rate has been calculated based on credit limit utilized of SAR 10,000 and VAT. - SAB Credit Card Fees table”
• “3 % for transaction amount below SAR 2,500 with a maximum limit of SAR 75 for transactions equal to or above SAR 2500 - ATM Cash Withdrawal / Cash Advance / Transfer from Card to Account, SAB Credit Card Fees table”

• Product page
• Schedule of charges
• Terms and conditions